O3IDBUS4-1
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Question 1 of 5
Drag and drop the words into the correct gaps.
ownerefficiencyratiomoney
The or shareholders will need to know that their business is using wisely and making the best possible profit. This is done by analysis which shows how profitable a business is and whether there are any savings to be made.
Select the two main groups business income is divided into.
Finance
Capital
Revenue
Investments
Charitable donations
Which two of the below are examples of revenue expenditure?
A new building
Wages
Rent
Savings
Computer systems
Is the following statement true or false? A profit and loss account is no different from a cash flow statement and the two terms can be used interchangeably.
TRUE
FALSE
Is the following statement true or false? Business expenses which need to be paid from the gross profit are known as operating expenses.
FALSE
TRUE
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