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Business - 003 Personal and Business Finance

This class was created by Brainscape user Millie Godbold. Visit their profile to learn more about the creator.

By: Millie Godbold
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Decks in this class (16)

A.1 Functions of Money
What is the role of money affecte...,
What are benefits of planning exp...,
How do external influences impact...
14  cards
A.2 Different Ways to Pay
Name fourteen different ways to pay,
What is cash,
Give two advantages of cash
43  cards
A.3 Current Accounts
What are the four different types...,
What is a standard account and it...,
Give two advantages of a standard...
13  cards
A.4 (part a) Borrowing Methods
Name the six different borrowing ...,
What is an overdraft,
Give two advantages of an overdraft
19  cards
A.4 (part b) Savings and Investments
What is the difference between sa...,
What are the six savings and inve...,
What is an isa
22  cards
A.4 (part c) Insurance
What are the six different types ...,
What is insurance,
What are premiums
31  cards
B.1 Features of financial institutions
What are the different financial ...,
What is the bank of england,
What is a bank
28  cards
B.2 Communicating with customers
What are the different ways of co...,
What are the advantages of a branch,
What are the disadvantages of a b...
11  cards
B.3 Consumer Protection
What are the four different prote...,
What is the financial conduct aut...,
What is the financial ombudsmen s...
5  cards
B.4 Information, Guidance and Advice
What are the information and guid...,
What is citizens advice,
What are the advantages of citize...
16  cards
C.1 The Purpose of Accounting
Give six reasons why a business s...,
Name and explain six indicators o...,
What are trade receivables
4  cards
C.2 Statement of Comprehensive Income
What is a statement of comprehens...,
What is the structure of a statem...,
What is a statement of financial ...
19  cards
C.3 Capital Expenditure
What is revenue income,
What is capital income,
What is capital expenditure
14  cards
D.1 Sources of Business Finance
What is capital income,
What is capital expenditure,
What is revenue income
56  cards
E.1 Cash Flows
What is the equation for net cash...,
Give three advantages of cash flo...,
Give three disadvantages of cash ...
14  cards
E.2 Costs of a business
What three costs need to be paid ...,
What is the equation for total costs,
What is break even
4  cards

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Business - 003 Personal and Business Finance

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