If You Were Running a Small Outdoor Community Event in a Park

question 4

Multiple Choice

If you were running a small outdoor community event in a park, which of the following would you be most likely to work with as a first point of call?

• A) Federal government
• B) State government
• C) Local government
• D) Territory government

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Definitions:

Repayment

The act of paying back money previously borrowed from a lender.

Net Income

The amount of money that remains after all operating expenses, taxes, and interest have been deducted from total revenue; also referred to as net profit.

Net Cash

The amount of cash available after accounting for cash inflows and outflows over a period.