Business unit 3 - Managing Personal and Business Finance

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Decks in this class (16)

Types of finance
What is an overdraft 1,
What is a personal loan 2,
What is hire purchase 3
6  cards
Types of saving and investment
Two advantages and disadvantages ...,
Two advantages and disadvantages ...,
Two advantages and disadvantages ...
6  cards
Types of insurance
What is car insurance 1,
What is home and contents insuran...,
What is life assurance and insura...
6  cards
Different ways to pay
State two advantages and disadvan...,
State the purpose of using a debi...,
State the purpose of using a cred...
4  cards
Transfer of money
State 3 methods of transferring m...,
What is a cheque 2,
What is a electronic transfer 3
9  cards
Financial Services
Who are the financial conduct aut...,
Who are financial ombudsmen servi...,
Who are citizens advice 3
9  cards
Internal sources of finance
What are the 3 main sources 1,
What is retained profit 2,
What are net current assets 3
4  cards
External sources of finance
What are the 4 sources 1,
What is owners capital 2,
What is share capital 3
5  cards
Break-Even
What type of costs are involved 1,
What sales are involved 2,
What is the formula for revenue 3
12  cards
Margin of Safety
What is margin of safety mos 1,
What is the formula for margin of...
2  cards
Cash Flow Forecast
What is the difference between in...,
What are the benefits of using th...,
What is the formula for net cash ...
9  cards
Improving Cashflow: Inflow and Outflow
What methods can be used to impro...,
What methods can be used to impro...,
What are the difficulties in impr...
3  cards
Chart / Graph
What does a break even chart incl...,
What does the x axis represent 2,
What does the y axis represent 3
7  cards
Profit and Loss Accounts
What is a profit and loss account 1,
When does the tax year start and ...,
State 3 purposes of producing a p...
11  cards
Balance Sheet
What is an asset 1,
What is a liability 2,
What is the purpose of the docume...
16  cards
Efficiency/Performance Ratios
What is the use of these ratios 1,
What is the formula for stock tur...,
What is the formula for asset tur...
4  cards

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Business unit 3 - Managing Personal and Business Finance

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BTEC Level 3 Business: Unit 3 - Perso...
  • 16 decks
  • 356 flashcards
  • 1456 learners
Decks: Glossary, Formulas, 1 Methods Of Payment, And more!
Personal and Business Finance
  • 6 decks
  • 1100 flashcards
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Decks: Learning Outcome A Understand The Import, Learning Outcome B Explore The Personal, Learning Outcome C Understand The Purpos, And more!
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