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Nikol Todorova
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Decks in this class (23)
Functions and role of money
Define unit of account 1,
Define means of exchange 2,
Define store of value 3
20
cards
Methods of payment
What is cash 1,
Give 2 advantages of using cash 2,
Give 2 disadvantages of using cash 3
42
cards
Type of current accounts
What is a standard account 1,
List the features of a standard a...,
Give 2 advantages of a standard a...
13
cards
Types of borrowing
What is an overdraft 1,
Give 2 advantages of an overdraft 2,
Give 2 disadvantages of an overdr...
18
cards
Types of Saving and Investment
What is an individual savings acc...,
Give 2 advantages of isas 2,
Give 2 disadvantages of isas 3
18
cards
Types of Insurance
What are the different types of c...,
List the features of a third part...,
Give 2 disadvantages of third par...
21
cards
Types of financial institutions
Define financial institution 1,
Evaluate the bank of england as a...,
Give 2 advantages of boe 3
28
cards
Methods of communicating with customers
Evaluate branch as a method of co...,
Give 2 advantages of branch 2,
Give 2 disadvantages of branch 3
15
cards
Providers of financial information and guidance
Evaluate citizens advice 1,
Give 2 advantages of citizens adv...,
Give 2 disadvantages of citizens ...
18
cards
Purpose of Accounting
Explain how accounting can be use...,
Explain how accounting can be use...,
Explain how accounting can be use...
5
cards
Consumer protection in relation to personal finance
Evaluate financial conduct author...,
Evaluate financial ombudsmen serv...,
Evaluate financial services compe...
4
cards
Types Of Income
What are the two types of income 1,
Define income 2,
Define capital income 3
14
cards
Types Of Expenditure
What is capital expenditure 1,
What can capital expenditure be u...,
Give examples of non current asse...
7
cards
Sources Of Finance
What do businesses need financing...,
What is a short term of finance 2,
What is a long term of finance 3
56
cards
Cash Flow Forecasts
What is a cash flow forecast 1,
Why are cash flow forecasts so im...,
What are the different inflows of...
23
cards
Break Even Analysis
What is break even point 1,
What can costs be categorized into 2,
What are variable costs 3
16
cards
Statement of comprehensive income
What is a statement of comprehens...,
Why is a statement of comprehensi...,
Define cost of goods sold 3
15
cards
Statement of financial position
What is statement of financial po...,
What are examples of non current ...,
What are current assets 3
7
cards
Measuring profitability
What are profitability ratios use...,
What does gross profit margin tel...,
What does net profit margin tell ...
6
cards
Measuring Liquidity
Why are liquidity ratios so impor...,
What does current ratio show 2,
What does liquid capital ratio te...
3
cards
Measuruing Efficiency
What are efficiency ratios used f...,
What is trade receivable days 2,
What does trade receivable show 3
5
cards
Limitations Of Ratios
0
cards
Formulas
Net cash flow 1,
Closing balance 2,
Total revenue 3
25
cards
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BTEC BUSINESS UNIT 3
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BTEC Business Unit 3
- 6 decks
- 85 flashcards
- 1170 learners
Decks:
A Managing Personal Finance, C Understand The Purpose Of Accounting, D Sources Of Finance, And more!
