Btec business revision - Study guides, Class notes & Summaries

BTEC Business Revision with Complete Questions and Answers Breakeven - CORRECT ANSWER When revenue and expenditure are the same. there is no profit or loss variable costs - CORRECT ANSWER raw materials, change as output increases margin of safety - CORRECT ANSWER is the amount by which sales would have to fall before the break-even point is reached total costs - CORRECT ANSWER fixed costs plus variable costs break-even point - CORRECT ANSWER when a business has made enough money throu...

BTEC Business Unit 3 Finance Revision Exam With 100% Correct And Verified Answers Cash - Correct Answer-Money in the form of bills or coins Debit card - Correct Answer-A card used to withdraw money from a bank account Credit card - Correct Answer-A card authorizing the holder to buy goods and services that can be paid for later. Cheque - Correct Answer-A written instruction to your bank to pay a sum of money to another person from your current account Electronic transfer - Correct A...

Btec Business Revision Questions and answers, 100% Accurate, Graded A+ Breakeven - -When revenue and expenditure are the same. there is no profit or loss variable costs - -raw materials, change as output increases margin of safety - -is the amount by which sales would have to fall before the break-even point is reached total costs - -fixed costs plus variable costs break-even point - -when a business has made enough money through product sales to cover the cost of making the pro...

BTEC Business Revision Questions With Correct Answers Well Explained 2023

Btec Business Revision questions and answers latest 2023Breakeven When revenue and expenditure are the same. there is no profit or loss variable costs raw materials, change as output increases margin of safety is the amount by which sales would have to fall before the break-even point is reached total costs fixed costs plus variable costs break-even point when a business has made enough money through product sales to cover the cost of making the product se...

BTEC Business Revision Exam 55 Questions with Verified Answer Breakeven -CORRECT ANSWER When revenue and expenditure are the same. there is no profit or loss variable costs -CORRECT ANSWER raw materials, change as output increases margin of safety -CORRECT ANSWER is the amount by which sales would have to fall before the break-even point is reached total costs -CORRECT ANSWER fixed costs plus variable costs break-even point -CORRECT ANSWER when a business has made enough money t...