Sole trader Study guides, Revision notes & Summaries

AQA A-LEVEL BUSINESS QUESTIONS AND ANSWERS 100% SOLVED What are common business objectives? Profit Growth Survival Cash flow Social Ethical Objectives should be "SMART". What does this mean? They should be: Specific Measurable Agreed Realistic Time related What is a mission statement? A brief written statement about the purpose of a company or organisation What are corporate aims? Long term plans to fulfil the mission statement What are corporate objectives? Medium to long term quantifiabl...

Accounting - Answer-A way of recording, analysing and summarising transactions of an entity. Statement of Profit and Loss - Answer-It reflects the performance of a business over a period of time. Statement of Financial Position - Answer-It reflects the position of a business at a point in time. Users of Accounting - Answer-Any organisation/business/individual who needs to keep track of their income, expenses, assets and liabilities. Types of Business Entity - Answer-• Sole trader • Par...

2 Section A Answer all questions in this section. Only one answer per question is allowed. For each question completely fill in the circle alongside the appropriate answer. CORRECT METHOD WRONG METHODS If you want to change your answer you must cross out your original answer as shown. If you wish to return to an answer previously crossed out, ring the answer you now wish to select as shown. 0 1 A company decides to rely only on decision trees to decide whether to accept a project. If...

IGCSE Accounting Notes Contents Accounting Equation...............................................................................................................................3 Ledger Accounts......................................................................................................................................4 Trial Balance............................................................................................................................................5 Error...

ICAEW ACA AccountingUsers of Accounting - correct answer Any organization/business/individual who needs to keep track of their income, expenses, assets and liabilities. Types of Business Entity - correct answer • Sole trader • Partnership • Limited Liability Companies Stakeholders for financial information - correct answer • Managers/Directors • Owners of the company • Trade contracts • Finance providers •HMRC Year-end capital Equation - correct answer Bal. at ...

IB Business and Management Vocabulary 2023 Update Primary Sector - Answer-Businesses involved in the extraction of natural resources, such as farming, mining, fishing, etc. Secondary Sector - Answer-Business activity is concerned with the construction and manufacturing of physical products. Tertiary Sector - Answer-Business activity is concerned with the provision of services to customers Private Sector - Answer-Part of the economy under the control of private individuals and busin...

GCSE BUSINESS 8132/2 Paper 2 Influences of marketing and finance on business activity Version: 1.0 Final *JUN* IB/G/Jun23/E8 8132/2 Monday 12 June 2023 Afternoon Time allowed: 1 hour 45 minutes Materials For this paper you must have: • a calculator. Instructions • Use black ink or black ball-point pen. • Fill in the boxes at the top of this page. • Answer all questions. • You must answer the questions in the spaces provided. Do not write outside the box around each pa...

2023 AQA GCSE BUSINESS 8132/2 Paper 2 Influences of marketing and finance on business activity Question Paper & Mark scheme (Merged) June 2023 [VERIFIED] GCSE BUSINESS Paper 2 Influences of marketing and finance on business activity Monday 12 June 2023 Afternoon Time allowed: 1 hour 45 minutes Materials For this paper you must have: • a calculator. Instructions • Use black ink or black ball-point pen. • Fill in the boxes at the top of this page. • Answer all questions. • ...

MBA5905 Assignment 2 (PART 2 DETAILED ANSWERS) 2023 - DUE 13 October 2023 100% TRUSTED workings, explanations and solutions. For assistance call or WhatsApp us on +25477 954 0132 . “Culture is the sole sustainable competitive advantage of any business” – George Mienie (CEO, Auto Trader) Study unit 5 and Chapter 12 in your prescribed textbook provides a comprehensive review of key features of an organisation’s corporate culture. This assignment challenges you to use the course ma...

What is vat charged on - Answer The sale of taxable supplies by a taxable person What is a taxable person - Answer a sole trader, partnership, limited company, club or association making taxable supplies What is a taxable supply - Answer One one which output vat is chargeable and input vat can be recovered and will be zero rated, reduced rated or standard rated. When will the vat rates differ from normal - Answer Before 2011. This is particularly applicable when looking at purch...