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Decks in this class (27)
Formulas
What is the equation for net cash...,
What is the equation for total re...,
What is the equation for total co...
26
cards
A1 - Functions of Money
Define unit of account 1,
Define means of exchange 2,
Define store of value 3
4
cards
A1 - Attitudes towards Money
What can cultural and or personal...,
What are the life stages 2,
Explain and give examples of exte...
4
cards
A1 - Planning Expenditure
What does planning expenditure he...
1
cards
A2 - Methods of Payment
Explain and evaluate use of cash 1,
Explain and evaluate use of debit...,
Explain and evaluate use of credi...
14
cards
A3 - Current Accounts
What is a basic current account 1,
What is a standard current account 2,
What is a packaged premium curren...
4
cards
A4 - Types of Borrowing
Explain and evaluate use of overd...,
Explan and evaluate use of a pers...,
Explain and evaluate use of hire ...
6
cards
A4 - Types of Saving & Investment
Outline and evaluate the use of a...,
Outline and evaluate the use of d...,
Outline and evaluate the use of p...
6
cards
A4 - Types of Insurance
What are the types of car insuran...,
What is a home and contents insur...,
What is life assurance and insura...
6
cards
B1 - Features of Financial Institutions
Explain and evaluate bank of engl...,
Explain and evaluate banks 2,
Explain and evaluate building soc...
8
cards
B2 - Communicating with Customers
Explain and evaluate in branch ba...,
Explain and evaluate online banki...,
Explain and evaluate telephone ba...
5
cards
B3 - Consumer Protection
What is the financial conduct aut...,
What is the financial ombudsman s...,
What is the financial services co...
4
cards
B4 - Information, Guidance & Advice
Explain and evaluate citizen advi...,
Explain and evaluate independent ...,
Explain and evaluate price compar...
6
cards
C1 - Purpose of Accounting
What are the 5 purposes of accoun...,
What is the purpose of recording ...,
What is the purpose of management 3
6
cards
C2 - Types of Capital Income
What is capital income 1,
What are loans 2,
What are mortgages 3
6
cards
C2 - Types of Revenue Income
What is revenue income 1,
What are credit sales 2,
What is a rent received 3
6
cards
C3 - Types of Capital Expenditure
What is capital expenditure 1,
What are non current assets 2
2
cards
C3 - Types of Revenue Expenditure
What is revenue expenditure 1,
What are the types of revenue exp...
2
cards
D1 - Internal Sources of Business Finance
Explain and evaluate retained pro...,
Explain and evaluate net current ...,
Explain and evaluate sale of asse...
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 1,
What are the advantages and disad...
2
cards
E1 - Cash Inflow Forecasts
Explain cash sales as an inflow 1,
Explain credit sales as an inflow 2,
Explain capital introduced as an ...
5
cards
E1 - Cash Outflow Forecasts
Explain cash purchases as an outf...,
Explain credit purchases as an ou...,
Explain rent as an outflow 3
10
cards
E2 - Break-even Analysis
What is break even and what are i...,
What are the types of costs 2,
What are the types of sales 3
4
cards
F1 - Statements of Comprehensive Income
What s the purpose and use of a s...,
What are accruals 2
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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BTEC BUSINESS UNIT 3
- 23 decks
- 379 flashcards
- 67 learners
Decks:
Functions And Role Of Money, Methods Of Payment, Type Of Current Accounts, And more!
