Copyright

How to Manage Cash Disbursements

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Cheryl writes checks to pay for her office space, supplies, staffing, and miscellaneous services for her business. Cheryl's spending is referred to as business _____.

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 79,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1. _____ refers to the difference in the cash a business indicates on its books and the cash the business actually has in the bank.

2. What type of account has money transferred in at the beginning of each day to cover any disbursements for that day?

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

There are particular methods to managing cash disbursements. To see what you know about these methods and the different types of disbursement accounts, use the quiz and worksheet.

Quiz & Worksheet Goals

In these assessments, you will be tested over:

  • The type of disbursement float time businesses prefer
  • An account that has money transferred at the beginning of each day to cover disbursements
  • Term for when a business pays for something
  • What the difference in the cash on the books and the cash the business actually has in the bank is called
  • Other types of disbursement accounts

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the lesson on managing cash disbursements
  • Knowledge application - use your knowledge to answer questions about the different types of disbursement accounts
  • Information recall - access the knowledge you have gained about the type of disbursement float time that businesses tend to prefer

Additional Learning

How to Manage Cash Disbursements is a lesson that lets you review more of these financial topics. Some objectives you can cover include:

  • Compare and contrast the different types of disbursement accounts
  • Determine what disbursement refers to
  • Identify the pros of specific disbursement accounts
Support