Examlex
Assume you are a credit manager in charge of approving commercial loans to business firms.Identify three aspects of a firm's cash flows you would review and explain the type of information you hope to gain from reviewing each of those five aspects.
Actual Results
The real, measured outcomes of financial or operational activities, used to compare against budgeted or forecasted figures for analysis.
Administrative Expenses
Costs associated with the general administration of a business, such as salaries of executive officers, legal and secretarial expenses.
Client-visits
The instances when a client or customer visits a business premise for the purpose of obtaining services or conducting business.
Activity Variance
The difference between budgeted and actual costs due to changes in the level of activity.
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