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Business Btec Unit 3 - Business Finance Exam Questions With Correct Answers

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Business Btec Unit 3 - Business Finance Exam Questions With Correct Answers.

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Business Btec Unit 3 - Business Finance
Exam Questions With Correct Answers

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Practice questions for this set


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regular payment to a landlord



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rent 2 expenditure




3 Discount allowed 4 Revenue expenditure



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, Terms in this set (56)


placing money in a
secure place so that it
Savings
grows in value ad can be
used in the future

speculative commitment to a business
investment venture in the hope that it generate a
financial reward in the future.

the amount of money you need to cover
expenditure all your expenses/ outgoings e.g. your
mortgage and bills

someone who invested in a company in
Shareholders return for equality i.e. share of the
business

(HMRC) Her is a non-ministerial department of the UK
Majesty's Revenue government responsible for the collection
and Customs of tax

Is a criminal deception intended to result
Fraud
in financial or personal gain

Is a financial gain, the
difference between the
Profit
amount earned and the
amount spent

Is the amount of money lost in a business
Loss
or organization

a company's total revenue minus the total
Gross profit
revenue.

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