Business Planning (Edexcel A-Level Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What is a prospectus?
What is a prospectus?
A document published when floating shares
What percentage of business failures are due to poor cash flow management?
What percentage of business failures are due to poor cash flow management?
20%
How is net cash flow calculated?
How is net cash flow calculated?
Total receipts - Total payments
How is closing balance calculated?
How is closing balance calculated?
Opening balance + Net cash flow
Which benefit shows a business plan demonstrates the owner is cautious and responsible?
Which benefit shows a business plan demonstrates the owner is cautious and responsible?
Credibility
What is a cash-flow forecast?
What is a cash-flow forecast?
A tool listing likely receipts & payments
Which use helps businesses decide when to arrange overdraft facilities?
Which use helps businesses decide when to arrange overdraft facilities?
Identifying timing of cash shortages
Which external factor beyond control can affect cash-flow forecasts?
Which external factor beyond control can affect cash-flow forecasts?
Interest rate changes
Why is cash-flow forecasting described as 'one-dimensional'?
Why is cash-flow forecasting described as 'one-dimensional'?
It only focuses on cash, not profit
Which component of a business plan describes target customers and competition?
Which component of a business plan describes target customers and competition?
The market