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Business Finance and Arithmetic — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipBusiness Finance and Arithmetic3 Marks
Question
Explain the following terms. 1993.
  1. Cash.
  2. Cash flow.
✓

Answer

  1. Cash: It refers to money and includes both currency and cheques. It is the life blood of every business.
  2. Cash flow: It refers to the movement of money in and out of a business during a specific period of time.

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