Grade 9 November Exams > EMS- Financial Function > Flashcards

EMS- Financial Function Flashcards

(3 cards)

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1
Q

Has to

A

Make sure there is enough capital in the business and that it is used in the best possible manner.

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2
Q

Long term capital will

A

Be spent of fixed assets

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3
Q

Short term capital

A

(Working capital) will be used to buy stock, pay creditors wmd to cover expenses

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Grade 9 November Exams
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