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Decks in this class (27)
Formulas
Equation net cash flow,
Equation total revenue,
Equation total costs
26
cards
A1 - Functions of Money
Define unit of account,
Define means of exchange,
Define store value
4
cards
A1 - Attitudes towards Money
What can personal attitudes towar...,
What are the life stages,
Explain and give examples of exte...
4
cards
A1 - Planning Expenditure
What does planning expenditure help
1
cards
A2 - Methods of Payment
Explain and evaluate use of cash,
Explain and evaluate use of debit...,
Explain and evaluate use of debit...
14
cards
A3 - Current Accounts
Explain and evaluate a basic curr...,
Explain and evaluate a basic curr...,
Explain and evaluate a basic curr...
4
cards
A4 - Types of Borrowing
Explain and evaluate using overdraft,
Explan and evaluate use of person...,
Explain and evaluate us
6
cards
A4 - Types of Saving & Investment
Outline and evaluate the use of a...,
Outline and evaluate the use of a...,
Outline and evaluate the use of a...
6
cards
A4 - Types of Insurance
Explain and evaluate the types of...,
What is a home and contents insur...,
What is a life assurance
6
cards
B1 - Features of Financial Institutions
Explain and evaluate bank of england,
Explain and evaluate banks,
Explain and evaluate building soc...
8
cards
B2 - Communicating with Customers
Explain and evaluate communicatin...,
Explain and evaluate online banking,
Explain and evaluate telephone ba...
5
cards
B3 - Consumer Protection
What is the financial conduct aut...,
What is the financial ombudsmen s...,
What is the financial services co...
4
cards
B4 - Information, Guidance & Advice
Explain and evaluate,
Explain and evaluate independent ...,
Explain and evaluate price commis...
6
cards
C1 - Purpose of Accounting
What are the purposes of accounting,
What is the purpose of recording ...,
What is the purpose of management
6
cards
C2 - Types of Capital Income
What is capital,
What are loans,
What are mortgages
6
cards
C2 - Types of Revenue Income
What is revenue income,
What are credit sales,
What is a rent received
6
cards
C3 - Types of Capital Expenditure
What is capital expenditure,
What are non current assets
2
cards
C3 - Types of Revenue Expenditure
What is revenue expendture,
What are the types of revenue exp...
2
cards
D1 - Internal Sources of Business Finance
Explain and evaluate retained profit,
Explain and evaluate net current ...,
Explain and evaluate u
3
cards
D1 - External Sources of Business Finance
Explain and evaluate using owner ...,
Explain and evaluate using loans ...,
Explain and evaluate using crowd ...
13
cards
E1 - Cash Flow Forecasts
What is a cash flow forecast,
What are the advantages and disad...
2
cards
E1 - Cash Inflow Forecasts
Explain and evaluate cash sales a...,
Explain and evaluate cash sales a...,
Explain and evaluate cash sales a...
5
cards
E1 - Cash Outflow Forecasts
Explain cash purchases as an outflow,
Explain cash purchases as an outflow,
Explain cash purchases as an outflow
10
cards
E2 - Break-even Analysis
What is break even,
What are the types of costs,
What are the types of sales
4
cards
F1 - Statements of Comprehensive Income
What s the purpose and use of a s...,
What are accruals
2
cards
F2 - Statements of Financial Position
What s the purpose and use of a s...
1
cards
F5 & F6 - Efficiency & Limitations of Ratios
What does an inventory turnover m...,
Evaluate using ratios to assess b...
2
cards
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btec business unit 3 📊
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