IGCSE Business - Cash, Costs, Break Even, Statements etc

Pregunta 1 de 10

1

Selecciona la opción correcta de los menús desplegables para completar el texto.

Cash is the most ( liquid, runny ) (asset that is easily changed into cash) of all business assets. Cash is the ( notes & coins, credit & debit cards ) a business keeps on the premises & any money it has in the bank. Without cash a business can’t trade. Businesses also need cash to pay for ( overheads, big things ). Businesses will often get bills for the services they have already used; if they aren’t paid the services will be cut. Finally, if a business can’t pay its employees; they will ( walk out., loan the business money )

Explicación

Pregunta 2 de 10

1

Cashflow is a prediction of all expected receipts & expenses of a business over a future time period, which shows the expected cash balance at the end of each month.

Selecciona uno de los siguientes:

VERDADERO
FALSO

Explicación

Pregunta 3 de 10

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Why are Cash Flow Forecasts Important?

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Cash flow forecasts are useful for : identifying cash shortages, supporting applications for funding, help planning the business and monitoring cash flow
A cash flow forecast provides the business with a 100% accurate picture of business spend and future profits

Explicación

Pregunta 4 de 10

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If a business is insolvent it is .....?

Selecciona una o más de las siguientes respuestas posibles:

doing really well financially
unable to meet its debts
looking to branch out into a different business area

Explicación

Pregunta 5 de 10

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Businesses have to pay for the resources they use. These expenses might include wages, raw materials, components, energy and machinery. They are called costs. However, there are different types of business costs. Some costs stay the same when a business produces more output, but others go up when more is produced.
Select the 4 FIXED COSTS (sometimes known as OVERHEADS)

Selecciona una o más de las siguientes respuestas posibles:

rent
packaging
advertising
raw materials
research and development costs
fuel
insurance payments
labour (staff)

Explicación

Pregunta 6 de 10

1

Selecciona la opción correcta de los menús desplegables para completar el texto.

In business, it is crucial to know how much ( output, input ) needs to be sold to cover costs. If costs are not covered by ( revenue,, output ) the business will make a loss. If revenue is greater than costs, the business will make a profit. If costs are exactly the same as revenue, the business will ( break even., close )

Explicación

Pregunta 7 de 10

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Break-even point is where total cost and total revenue meet

Selecciona uno de los siguientes:

VERDADERO
FALSO

Explicación

Pregunta 8 de 10

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Selecciona la opción correcta de los menús desplegables para completar el texto.

Break-even charts are ( graphs, drawings ) which show how costs and revenues of a business change with sales. They show the level of sales the business must make in order to ( break-even., do well )

Explicación

Pregunta 9 de 10

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The margin of safety is the amount sales can fall before the break-even point is reached and the business makes no profit. This calculation also tells a business how many sales they have made over their break-even point (BEP). The larger the margin of safety, the lower the risk for a business.

Selecciona uno de los siguientes:

VERDADERO
FALSO

Explicación

Pregunta 10 de 10

1

If a business has a break even point of of 100 products and it sells 150 of those products then the margin of safety is ?

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100 products
50 products

	Creado por Michelle Parker hace más de 2 años

GCSE Business - Cash, Costs, Break Even, Statements

IGCSE Business - Cash, Costs, Break Even, Statements etc

Pregunta 1 de 10

Selecciona la opción correcta de los menús desplegables para completar el texto.

Explicación

Pregunta 2 de 10

Cashflow is a prediction of all expected receipts & expenses of a business over a future time period, which shows the expected cash balance at the end of each month.

Selecciona uno de los siguientes:

Explicación

Pregunta 3 de 10

Why are Cash Flow Forecasts Important?

Selecciona una de las siguientes respuestas posibles:

Explicación

Pregunta 4 de 10

If a business is insolvent it is .....?

Selecciona una o más de las siguientes respuestas posibles:

Explicación

Pregunta 5 de 10

Selecciona una o más de las siguientes respuestas posibles:

Explicación

Pregunta 6 de 10

Selecciona la opción correcta de los menús desplegables para completar el texto.

Explicación

Pregunta 7 de 10

Break-even point is where total cost and total revenue meet

Selecciona uno de los siguientes:

Explicación

Pregunta 8 de 10

Selecciona la opción correcta de los menús desplegables para completar el texto.

Break-even charts are graphs drawings( graphs, drawings ) which show how costs and revenues of a business change with sales. They show the level of sales the business must make in order to break-even. do well( break-even., do well )

Explicación

Pregunta 9 de 10

The margin of safety is the amount sales can fall before the break-even point is reached and the business makes no profit. This calculation also tells a business how many sales they have made over their break-even point (BEP). The larger the margin of safety, the lower the risk for a business.

Selecciona uno de los siguientes:

Explicación

Pregunta 10 de 10

If a business has a break even point of of 100 products and it sells 150 of those products then the margin of safety is ?

Selecciona una de las siguientes respuestas posibles:

Explicación

Break-even charts are ( graphs, drawings ) which show how costs and revenues of a business change with sales. They show the level of sales the business must make in order to ( break-even., do well )