Question 11 1 pts _________ is the difference between when the money goes out and when it comes in.

Question 111 pts

_________ is the difference between when the money goes out and when it comes in.

Accounts payable

Difference gap

Spending gap

Float

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Question 121 pts

According to the book, an owner needs what percent of initial equity for a new venture.

50

100

150

200

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Question 131 pts

The cash flow statement is used to describe _________ percent of the activities that provide and use cash during a specified period of time.

25

50

75

100

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Question 141 pts

The cash flow statement determines a most likely case scenario; this is called:

Gap analysis

Deficit analysis

Sensitivity analysis

Forecast analysis

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Question 151 pts

A _______ is a summary of the assets and liabilities of the small business.

pro forma

balance sheet

current assets

cash flow

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