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Exam (elaborations)

Btec business Level 2 Finance Computer based Exam for getting a better grade

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This is the document for the students who are going to do the Btec Business level 2 unit 2 Exam for finance as it involves questions related to costs and revenue which is essential as I have experienced the exam and achieved a Distinction myself.

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Uploaded on
March 1, 2021
Number of pages
17
Written in
2018/2019
Type
Exam (elaborations)
Contains
Answers

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Student Name: Click or tap here to enter text.



Students Number: Click or tap here to enter text.



Date: Click or tap here to enter text.




Mock Assessment Unit 2
Mock 6
52 Points

,Exercise 1

Give two examples of direct costs. (2)



Example 1:



Example 2:




Exercise 2

Explain what running costs are. (2)

, Exercise 3

Nora sells handbags in her shop in Ruislip.

Which of the following is a start-up cost? (1)


Tick one of the boxes

Heating ☐

Raw materials ☐

Income ☐

Staff wages ☐




Exercise 4

Nora has expanded her business and now has a shop in Hayes.



Give two examples of fixed costs (2)

Write your answers in the boxes

Example 1:


Example 2:



Give two examples of the variable costs (2)

Example 1:


Example 2:
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