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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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