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Btec Tech Award Enterprise Key Words Exam Questions And Answers.docx

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Btec Tech Award Enterprise Key Words Exam Questions And A

Institution
BTEC.
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March 14, 2025
Number of pages
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Written in
2024/2025
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Btec Tech Award Enterprise Key Words
Exam Questions And Answers
Break Even Point - - -
correct answer ✅Fixed Costs/Variable costs= break-even point.


Break-even - - -
correct answer ✅Is the point where the total money spent) are
equal


Budget - - -
correct answer ✅A plan for making and spending money


(B2B) - - -
correct answer ✅Market in which one company sells products to
another


(B2C) - - -
correct answer ✅Is a market in which companies sell products
directly to consumers


Cash balance - - -
correct answer ✅Cash inflow - cash outflow = cash balance.

, Btec Tech Award Enterprise Key Words
Exam Questions And Answers
Cash Flow forecast - - -
correct answer ✅predict the cash inflows and cash outflows for an
enterprise over a period of time.


Cash Flow statements - - -
correct answer ✅Are statements of actual cash inflows and
outflows ove period of 12 months


Cash inflows - - -
correct answer ✅Are the amounts of money entering a business's
bank account


Cash outflows - - -
correct answer ✅Are the amounts of money leaving a business's
bank account


Characteristics - - -
correct answer ✅Hardworking


Competitive Advantages - - -
correct answer ✅Is the advantage gained by offering superior
goods or services to those of competitors

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