Sole traders Guías de estudio, Notas de estudios & Resúmenes

Sole traders - • An individual who owns and run their own business. They are unincorporated and is registered as self-employed by HMRC. • They own all the business assets personally and is responsible for the business debts and are legally responsible to keep records of all income and expenses. • At the end of the year, they need to fill in the self-assessment tax return. They have unlimited liability - the legal obligations general partners and sole proprietors because they are l...

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...

Finra Rules Questions and Answers 100% correct 2023 All of the following statements are true regarding the U.S. securities markets EXCEPT: A FINRA has regulatory authority over the markets and market participants in the trading of all non-exempt securities B the Federal Reserve Board decides securities can be traded on margin C the Securities and Exchange Commission has regulatory authority over the securities markets and its participants D the MSRB has regulatory authority over the mar...

FAC1502 ASSIGNMENT 1 | LATEST QUESTIONS AND ANSWERS FOR SEM 1 | 2024 ACCOUNTING Correct Answer Planning; Recording; Analyzing; Interpreting financial information. PLANNING DECISIONS Correct Answer Financial information is used to determine future actions. Historical information provided by the accounting process serves as a basis for forecasting. CONTROL Correct Answer Using financial information to evaluate the results of financial activities. THE FUNCTION OF ACCOUNTING Correct...

FAC1502: FINANCIAL ACCOUNTING CONCEPTS; PROCEDURES AND CONCEPTS Reviewed Exam 2023. ACCOUNTING Planning; Recording; Analyzing; Interpreting financial information. PLANNING DECISIONS Financial information is used to determine future actions. Historical information provided by the accounting process serves as a basis for forecasting. CONTROL Using financial information to evaluate the results of financial activities. THE FUNCTION OF ACCOUNTING 1. The value added to the ne...

2024 FAC1502 ASSESSMENT 5 (ELECTIVE) SEM 1 OF 2024 EXPECTED QUESTIONS AND ANSWERS//FAC1502: FINANCIAL ACCOUNTING CONCEPTS; PROCEDURES AND CONCEPTS ACCOUNTING - CORRECT ANSW-Planning; Recording; Analyzing; Interpreting financial information. PLANNING DECISIONS - CORRECT ANSW-Financial information is used to determine future actions. Historical information provided by the accounting process serves as a basis for forecasting. CONTROL - CORRECT ANSW-Using financial inf...

WJEC AS Business Studies Unit 1 questions and answers Why do people start their own businesses? - To make a profit - To provide a good or service - To fill gap in the market - To turn a hobby into a career or business - To be independent/their own boss What is an entrepreneur? An entrepreneur is somebody who starts and runs a business. Perhaps they make a product or provide a service, the quite possibly may employ somebody to make a profit. Many Entrepreneurs are innovators, they b...

WJEC AS Business Studies Unit 1 questions and answers, A+ content Why do people start their own businesses? - To make a profit - To provide a good or service - To fill gap in the market - To turn a hobby into a career or business - To be independent/their own boss What is an entrepreneur? An entrepreneur is somebody who starts and runs a business. Perhaps they make a product or provide a service, the quite possibly may employ somebody to make a profit. Many Entrepreneurs are innova...

Why businesses exist Can make you money and you can be your own boss Mission a business aim expressed to make it seem especially purposeful and motivating Objectives SMART Specific, Measurable, Achievable, Realistic, Time-bound Why businesses set objectives - it is motivating to have a goal to aim toward - as a boss you can not make every decision Profit Revenue - total costs What are the 5 types of business -sole traders -private limited companies (LTD) ...

Regulations Finra Rules Questions and Answers 100% correct 2023 All of the following statements are true regarding the U.S. securities markets EXCEPT: A FINRA has regulatory authority over the markets and market participants in the trading of all non-exempt securities B the Federal Reserve Board decides securities can be traded on margin C the Securities and Exchange Commission has regulatory authority over the securities markets and its participants D the MSRB has regulatory authority ...