Activity 7 Q1 Describe the main cash inflow and outflows that a business might experience. 130...

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Activity 7 Q1 Describe the main cash inflow and outflows that a business might experience. 130 words Q2How could a business improve its cash flow to ensure sufficient funds are available to meet...

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Activity 7

Q1 Describe the main cash inflow and outflows that a business might experience. 130 words

Q2How could a business improve its cash flow to ensure sufficient funds are available to meet taxation obligations? Conduct independent research as needed. 110 words

Activity 8

Q1 Privacy legislation applies specific conditions to the collection, solicitation, storage, access, alteration and disclosure of client information. What are they? 230 words

Q2 The information you convey to customers about the product/ service you offer must be truthful, accurate, current and reliable. Describe the consequences of failing to do this by commission or omission. 110 words

Activity 9

Q1 What is the purpose of a code of conduct and what do they normally contain? 130 words

Q2 How will a code of practice assist you in guiding your actions? 50 words

Answered 3 days After Jan 19, 2021

Nishtha · Accepted Answer

MANAGERIAL ACCOUNTING
Table of Contents
Activity 7	3
Q1	3
Q2	3
Activity 8	3
Q1	3
Q2	4
Activity 9	5
Q1	5
Q2	5
References	6
Activity 7
Q1
The money going into a company is cash inflow. That may be from sales, funding or investments. It is the reverse of the outflow of cash, which is the money leaving the company. If its revenue stream is higher than its cash outflow, a corporation is considered safe. Entrepreneurs and business managers care deeply for Cash Flows because it is a company's backbone. The net profits of a corporation, or net earnings, will actually be substantially different from its cash flow, it is because of revenue recognition policies and the matching principle. As mentioned by Faque (2020), the cash flows divided into three broad categories, these are flow from operating activities, investing activities and financial activities.
Declines in inventory and receivables from accounts boost the cash flow of businesses and vice versa. That is the reverse, for payables. Higher payable accounts imply further cash, while cash is reduced by reductions. An investment activity includes investments in the less tangible assets, such as the creation of brand awareness or the acquisition of intellectual property. Cash funding can also be generated by selling the company's shares or land, or by bond issuance and selling them to shareholders. 
Q2
Soboleva et al. (2018) have described that doing a cash flow forecast or budget is the perfect way to make sure company have enough cash capability to satisfy its tax and other obligations. The data in budget for cash flow will allow company to see probable cash status, recognize any fluctuations that can lead to possible cash shortages, prepare for tax payments, plan for any substantial expenditures and provide additional details to lenders. For example, in the case of retailer, Interchange-plus pricing and memberships allow retailers more clarity about their costs when it relates to payment processing. They have seen how much is being sent to the issuer of the card and how much to the processor is going. For retailers,

Activity 7 Q1 Describe the main cash inflow and outflows that a business might experience. 130 words Q2How could a business improve its cash flow to ensure sufficient funds are available to meet...

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