O3IDBUS4-1
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Question 1 of 5
Drag and drop the words into the correct gaps.
ownermoneyefficiencyratio
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.
Investments
Finance
Capital
Charitable donations
Revenue
Which two of the below are examples of revenue expenditure?
Savings
Computer systems
A new building
Wages
Rent
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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