1.   A handful are sitting on large cash surpluses.

2.   Corporate diversification May often be due to a sense of needing to use up cash surpluses, rather than risk-spreading.

3.   This would be on a charitable basis and any cash surplus would be made available to fund research projects.

4.   The project which shows the greatest cash surplus is the one preferred.

5.   NPVs can be used to choose between two projects by comparing the cash surplus when discounted at an agreed rate.

6.   Explain, giving examples, the main advantages of identifying cash surpluses and deficits in a cash budget.

7.   If no cash budget existed these cash surpluses would only be identified when they occur.

8.   A cash surplus occurs when the amount of older bills deposited is greater than the amount of replacement currency issued.

9.   A cash surplus means more funds are deposited than new minted money is distributed in that region.