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9-1 GCSE Business (AQA) - Finance Question and answers rated A+ 2024 CA$16.50   Add to cart

Exam (elaborations)

9-1 GCSE Business (AQA) - Finance Question and answers rated A+ 2024

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  • Course
  • AQA GCSE
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  • AQA GCSE

9-1 GCSE Business (AQA) - Finance Question and answers rated A+ 2024 Asset - correct answer Something the business owns; it has a value. Average rate of return - correct answer The average profit for the year as a percentage of the original investment. Average rate or return = average return...

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  • August 27, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • AQA GCSE
  • AQA GCSE
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9-1 GCSE Business (AQA) - Finance
Asset - correct answer ✔Something the business owns; it has a value.


Average rate of return - correct answer ✔The average profit for the year as a
percentage of the original investment. Average rate or return = average return
per annum / initial 100


Break-even chart - correct answer ✔A diagrammatic representation of the
costs and revenue for a product; it plots total costs against total sales
revenue, showing the break-even point where they cross.


Break-even output - correct answer ✔The point at which the business' total
sales equals the total costs. There is neither profit nor loss.


Cash - correct answer ✔Money that the business has in cash or at the bank.


Cash flow forecast - correct answer ✔A financial planning tool that estimates
the money coming into and going out of the business on a month-by-month
basis; it allows the business to predict times when additional finance may be
needed to maintain liquidity.


Cash inflow - correct answer ✔Money received by the business from its
operations or investments.


Cash outflow - correct answer ✔Money paid out by the business to fund its
operations or investment activities.

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