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Business BTEC Unit 3(Personal and Business Finance)

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

By: Suber Abdi
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Decks in this class (16)

(A1) Functions and Roles of Money
What are the 4 functions of money 1,
Unit of account 2,
Mean of exchange 3
17  cards
(A2) Different ways to pay
Different ways to pay by using a ...,
Different ways to pay via non card 2,
Advantages of cash 3
48  cards
(A3) Current Accounts
What is a current account 1,
What are the types of current acc...,
Advantages of a standard account 3
13  cards
(A4) Managing Personal Finance
What is an overdraft 1,
Advantages of an overdraft 2,
Disadvantages of an overdraft 3
34  cards
(B1) Features of Financial Institutions
Financial institutions 1,
What is the bank of england 2,
What does the bank of england do 3
18  cards
(B2/3) Consumer Communication and Protection
Methods of communicating with the...,
What is the financial conduct aut...,
What is the financial ombudsman s...
7  cards
(B4) Information Advice and Guidance
What is citizen s advice 1,
What is the advantage of citizens...,
What are the disadvantage of citi...
13  cards
(C1) Purpose of Accounting
What is accounting 1,
What are the purposes of accounti...
2  cards
(C2) Types of Income
What is income 1,
What are the types of income 2,
What is capital income 3
14  cards
(C3) Types of Expenditure
Types of expenditure 1,
What is capital expenditure 2,
Types of capital expenditure 3
13  cards
(D1) Sources of Finance
Types of finance 1,
What is internal finance 2,
Types of internal finance 3
28  cards
(E1) Cash Flow Forecasts
Cash inflows receipts 1,
What is capital introduced 2,
What is bank interest received 3
8  cards
(E2) Break-Even Analysis
What is break even analysis 1,
Types of costs 2,
What are variable costs 3
16  cards
(F1) Statement of Comprehensive Income
What is comprehensive income 1,
Purpose and use of comprehensive ...,
What are the types of profit 3
11  cards
(F2) Statement of Financial Position
0  cards
(F3/4/5/6) Measuring Profitability/Liquidity/Efficiency and Ratios
Gross profit margin formula 1,
What is a mark up 2,
Mark up formula 3
21  cards

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Business BTEC Unit 3(Personal and Business Finance)

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