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Chapter 3 - Fill in the blanks

Fill in all the gaps, then press "Check" to check your answers. Use the "Hint" button to get a free letter if an answer is giving you trouble. You can also click on the "[?]" button to get a clue. Note that you will lose points if you ask for hints or clues!

1. All money and unpresented cheques held in the business and all amounts kept at the bank or other financial institution is known as .

2. The situation where a business has profitable opportunities but is unable to raise the finance to exploit them is known as the .

3. The money invested in the business by the owner(s) to enable it to function is known as .

4. When a business has a positive cash position, it is has a cash .

5. When cash outflows are higher than cash inflows, a business has a cash .

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