Photo AI
Which of the following tasks is not a finance function? A - OCR - GCSE Business - Question 1 - 2020 - Paper 1
Question 1
Which of the following tasks is not a finance function? A. Advertising price reductions B. Applying for a bank loan C. Calculating break-even D. Measuring profit... show full transcript
Worked Solution & Example Answer:Which of the following tasks is not a finance function? A - OCR - GCSE Business - Question 1 - 2020 - Paper 1
Step 1
Identify which task is not a finance function
Answer
To determine which of the options listed does not fall under financial functions, we analyze each task:
- A. Advertising price reductions: This task is primarily a marketing function, aimed at influencing customers rather than dealing with financial aspects.
- B. Applying for a bank loan: This is a financial function concerned with acquiring funds.
- C. Calculating break-even: This involves analyzing costs and revenues, which is a financial task.
- D. Measuring profit and loss: This is also a financial function that assesses the financial performance of a business.
Based on this analysis, A. Advertising price reductions is the option that is not a finance function.