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Cash surplus divided by net income (after tax); indicates relative amount of cash surplus achieved during a given period is:

Answer(s): C

Total monthly loan payments divided by monthly gross (before-tax) income; provides a measure of the ability to pay debts promptly is:

Answer(s): D

A cash budget is the valuable money management tool that helps you EXCEPT:

Maintain the necessary information to monitor and control your finances
Decide how to allocate your income to reach your financial goals
Implement a system of disciplined spending-as opposed to just existing from one paycheck to the next
Enhance needles spending so you can increase the funds allocated to savings and investments

Answer(s): D

Budget control schedule is:

A summary that shows how actual income and expenses compare with the various budget categories
A summary that shows how actual income and expenses compare with the various budget categories and where variances (surplus or deficit) exist
A graphical presentation of cash flows
The interest earned each year

Answer(s): B