BTEC Level 1/Level 2 First Award in Business|Unit 2: Finance for Business MOCK EXAM
Exam (elaborations)
BTEC Level 1/Level 2 First Award in Business|Unit 2: Finance for Business MOCK EXAM (questions only)
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Course
BTEC Level 1/Level 2 First Award in Business|Unit 2: Finance for Business MOCK EXAM
Institution
PEARSON (PEARSON)
BTEC Level 1/Level 2
First Award in
Business
Student Name: ......................................
Teacher: ................................................
Date: .....................................................
Mark: .....................................................
Page 1 of 19
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btec level 1level 2 first award in business student name teacher date
Written for
BTEC
PEARSON (PEARSON)
Business studies
BTEC Level 1/Level 2 First Award in Business|Unit 2: Finance for Business MOCK EXAM
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Unit 2: Finance for Business
MOCK EXAM 2
ANSWERS
BTEC Level 1/Level 2
First Award in
Business
Page 1 of 12
, Question Answer Mark
Number
1 Licence needed to sell certain goods or services (1)
Question Answer Mark
Number
2 Repairs and Maintenance (1)
Question Answer Mark
Number
3 Total Cost = Fixed Costs + Variable Costs (1) (2)
£1,000 = £500 + (£5 X 100) (1)
Question Answer Mark
Number
4 Revenue = number of sales X price per unit (1) (2)
£607.50 = £4.50 X 135
Page 2 of 12
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