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Edexcel AS/A Level Business 2024 Theme 2 exam Questions and Answers 100% Pass £5.97   Add to cart

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Edexcel AS/A Level Business 2024 Theme 2 exam Questions and Answers 100% Pass

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Edexcel AS/A Level Business 2024 Theme 2 exam Questions and Answers 100% Pass

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  • June 14, 2024
  • 18
  • 2023/2024
  • Exam (elaborations)
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Edexcel AS/A Level Business 2024
Theme 2 exam Questions and Answers
100% Pass
Capital - Answer>>The money provided by the owners in a
business

Capital expenditure - Answer>>Spending on business
resources that can be used repeatedly over a period of time

Internal finance - Answer>>Money generated by the business
or its current owners

Retained profit - Answer>>Profit after tax that is 'ploughed back'
into the business

Revenue expenditure - Answer>>Spending on business
resources that have already been consumed or will be very
shortly

Sale and leaseback - Answer>>The practice of selling assets,
such as property or machinery, and leasing them back from the
buyer

Authorised share capital - Answer>>The maximum amount that
can be legally raised

Bank overdraft - Answer>>An agreement between a business
and a bank that means a business can spend more money that it
has in its account (going 'overdrawn'). The overdraft limit is
agreed and interest is only charged when the business goes
overdrawn

,Capital gain - Answer>>The profit made from selling a share for
more than it was bought

Crowd funding - Answer>>Where a large number of individuals
invest in a business or project on the internet, avoiding the use of
a bank

Debenture - Answer>>A long-term loan to a business

Equities - Answer>>Another name for an ordinary share

External finance - Answer>>Money raised from outside the
business

Issued share capital - Answer>>Amount of current share capital
arising from the sale of shares

Lease - Answer>>A contract to acquire the use of resources
such as property or equipment

Peer-to-peer lending (P2PL) - Answer>>Where individuals lend
to other individuals without prior knowledge of them, on the
internet

Permanent capital - Answer>>Share capital that is never repaid
by the company

Secured loans - Answer>>A loan where the lender requires
security, such as property, to provide protection in case the
borrower defaults

Share capital - Answer>>Money introduced into the business
through the sale of shares

, Unsecured loans - Answer>>Where the lender has no
protection if the borrower fails to repay the money owed

Venture capitalism - Answer>>Providers of funds for small or
medium-sized companies that may be considered too risky for
other investors

Collateral - Answer>>An asset that might be sold to pay a
lender when a loan cannot be repaid

Incorporated business - Answer>>A business model in which
the business and the owner(s) have separate legal identities

Limited liability - Answer>>A legal status that means
shareholders can only lose the original amount they invested in a
business

Long-term finance - Answer>>Money borrowed for more than
one year

Rights issue - Answer>>Issuing new shares to existing
shareholders at a discount

Short-term borrowing - Answer>>Money borrowed for 12
months or less

Undercapitalised - Answer>>A business not raising enough
capital when setting up

Unincorporated businesses - Answer>>A business model in
which there is no legal difference between the owner(s) and the
business

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