Assignment: Accounting & Financial Management
Length: 900 words.
Requirement:
You should only answer two of the following four options:-
A. Explain how accountants determine profit and why the profit calculated is different to the cashflow in the same period.
B. Identify two accounting terms or ratios which represent liquidity and discuss how these relate to cash and/or cashflow.
C. Identify two sources of finance that are suitable for solving a short-term liquidity problem. Explain their characteristics.
D. Relate the purposes behind budgeting to a family attempting to manage its cash.
Format your assignment according to the give formatting requirements:
A. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
B. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.
C. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.