Sole traders Guías de estudio, Notas de estudios & Resúmenes

The major purpuse of IASB is to ensure consistency in correct answers corporatel reporting The leadership style that least acknowledges contribution that subordinates have to make is correct answers autocratic a sole traders net profit for period we can calculate as correct answers closing net assets+drawings-capital introduced- opening net assets Imprest (zaliczkowy) system of operating petty cash correct answers The exact amount of expanditure is reimbursed at intervals to maintain a ...

AQA A level business 3.1 Questions and Answers 100% Pass What are the aims of business? x5 Survival Cash flow (liqudity) profit (where the total revenue>total costs) Growth Social and ethical objectives Define what a mission statement is? A qualitative statement of an organisation's overall mission or purpose Reasons for mission statement x2 To provide a clear goal , purpose and sense fo direction To communicate to stalkholders What are the goals available for a business to achieve? x4 Mi...

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...

Natural Law - School of Jurisprudential Thought: Postulates that law is based on what is "correct". It emphasizes a moral theory of law-- that is, law should be based on morality and ethics. Historical - School of Jurisprudential Thought: Believes that law is an aggregate of social traditions and customs. Analytical - School of Jurisprudential Thought: Maintains that law is shaped by logic. Sociological - School of Jurisprudential Thought: Asserts that the law is a means o...

triage correct answers medical sorting of patients according to type and seriousness of injury, likelihood of survival, and the establishment of priority for treatment and evacuation to assure medical care of the greatest benefit to the largest number red tag in triage correct answers Immediate: respiratory rate >30/min, radial pulse absent, not following simple commands, not reposition airway yellow tag in triage correct answers can follow simple commands but delayed black tag in tr...

OCR GCSE Business Paper 1 Exam With 100% Correct Questions And Answers Business plan - Is a simple plan which sets out details on the product or service being sold, where the finance is to come from to start the business, how the product is to be marketed and the market research carried out. Finance - Finance is needed to start a business - maybe a loan or grant. Success - For a business can take many forms, including making a profit, surviving and providing a good service. Resources...

IB Business Management topic 1 (for study) 2023 Business - Answer-A decision-making organization involved in the process of using inputs to produce goods and services Market - Answer-A place or process whereby buyers (customers) and sellers (businesses) meet to trade Factors of production - Answer-Land, Labor, Capital, Enterprise Financial returns for land - Answer-rent Financial returns for labor - Answer-wages/salaries Financial returns for capital - Answer-interest Financial retur...

Internal finance - Money generated by the business or its current owners Source of Internal Finance 1: Owner's Capital - • the stake the owner has in the business Provides capital for own resources and is most commonly is personal savings. ○ Some have done this to save up the finance for the business. • Sources are personal and can be used by sole traders/partnerships. ○ Can introduce future capital if needed and not provided at the start-up of the business. Advantages o...

HIST 1301 Inquizitive 2 - Questions and Answers In seventeenth-century England, working for wages was widely associated with servility and loss of liberty. Only those who controlled their own labor could be regarded as truly free. Based on this understanding, which type of worker would claim the most personal liberty and freedom? Farmers Identify the statements that describe Lord Calvert and his vision for Maryland. 1.Lord Calvert was the son of one of King Charles I's favorites and wanted to ...

US HISTORY All Challenges History (With Answers)Unit 1 Challenge 1 1. Which of the following statements is true? a.) Historians have a responsibility to merge their own experiences into historical narratives. • b.) The writing of history is influenced by the cultural environment in which it is written. c.) History is best determined through the lenses of politics and economics. • d.) Historical interpretations of past events rarely change over time. 2. Consider the following research qu...