Psc finance Study guides, Class notes & Summaries

PSC Finance and Business Skills Exam Notes 2024 (Distinction)

PSC Finance and Business Skills Exam Notes 2023 (Distinction)

This document can be used for the PSC Finance and Business Skills exam at BPP Law School. The contents include notes on investment strategy (Bonds, Funds etc.), regulated activities (FSMA), money laundering regulations and COB rules.

Codes of Business Roles (COLP etc.) Money Laundering Introductions and Referrals Financial benefits

ACTUAL Summary PSC Finance and Business Skills Exam Notes 2024 (Distinction) Question 1: Which of the following best defines working capital? A) The total assets of a company B) The total liabilities of a company C) The difference between current assets and current liabilities D) The long-term investments of a company Answer: C) The difference between current assets and current liabilities Explanation: Working capital is the capital available for the day-to-day operations of a bu...

PSC Finance and Business Skills Exam Notes 2024(Distinction Level) With Exam Tips

PSC FINANCE EXAM 2024/2025 QUESTIONS AND VERIFIED ANSWERS(LATEST UPDATE)

QUESTION 1A – FSMA REGULATIONS No person may carry on a regulated activity in the UK unless authorised or exempt (s19 FSMA). Need to ensure that the firm is not committing a criminal offence by carrying out a regulated activity without authority pursuant to S 23 FSMA, so we need to consider the effect of FSMA. 1. Are you in Business? a. For an activity to be a regulated activity under FSMA, it must be “carried on by way of business”. As the firm is providing a service for the client,...

PSC Finance and Business Skills Exam questions and verified answers(updated) 2024/2025

PSC Finance and Business Skills Exam 2024 (Distinction) Real exam