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Terry
0450-19-M-J-11-3c
Chan
TOPIC QUESTION - PAPER 1
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Chan
June 2, 2021 at 7:07:54 AM
May/June 2019
Version 1
5.0 Financial Information and Decisions
5.5 Analysis of Accounts
YOUR ANSWER
Cash flow forecast is important to BVC as it can help BVC identify why net cash flow is reducing from 40,000 to 20,000. It can also help BVC to determine new credit terms so that BVC can be paid more promptly and have a positive net cash flow.
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