100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
BTEC Level 1/Level 2 First Award in Business|Unit 2: Finance for Business MOCK EXAM (questions only) $13.49   Add to cart

Exam (elaborations)

BTEC Level 1/Level 2 First Award in Business|Unit 2: Finance for Business MOCK EXAM (questions only)

 37 views  0 purchase
  • Course
  • Institution

BTEC Level 1/Level 2 First Award in Business Student Name: ...................................... Teacher: ................................................ Date: ..................................................... Mark: ..................................................... Page 1 of 19 ...

[Show more]

Preview 3 out of 19  pages

  • January 28, 2022
  • 19
  • 2021/2022
  • Exam (elaborations)
  • Answers
avatar-seller
Unit 2: Finance for Business

MOCK EXAM


BTEC Level 1/Level 2
First Award in
Business

Student Name: ......................................
Teacher: ................................................
Date: .....................................................
Mark: .....................................................




Page 1 of 19

,Question 1 of 18

Select one type of variable cost for a burger van business (1)


Place a tick in one of the boxes.



Rent

Ingredients

Telephone rental

Road Tax




Question 2 of 18

Identify one example of a cash outflow (1)


Place a tick in one of the boxes.



Rental Income

Sales

Stock Purchases

Interest on savings




Page 2 of 19

, Question 3 of 18



Susan owns a second hand clothes shop.

In the last month she has paid £2,565 for stock.

She has also paid an assistant £380 in wages

Her rent for the month was £5,600



Calculate the monthly total cost for Susan’s business (2)


Write your answer in the box.

You must show your working

£




Workings

...................................................................................................................
.

...................................................................................................................
.

...................................................................................................................
.

...................................................................................................................
.

...................................................................................................................
.




Page 3 of 19

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller abram23. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

64438 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.49
  • (0)
  Add to cart