Business studies hsc - Study guides, Class notes & Summaries

HSC Business Studies - Finance Exam Questions With Verified Answers accounts payable the money a business owes to its suppliers and service providers. Also known as creditors or trade creditors accounts receivable a current asset that represents money owed to the business in short term. Money is owed to the business by customers who are yet to pay for products they have already received. Also known as debtors. accounts receivable turnover ratio ratio measures how long, on average, ...

HSC Business Studies - Finance Exam Questions With Verified Answers accounts payable the money a business owes to its suppliers and service providers. Also known as creditors or trade creditors accounts receivable a current asset that represents money owed to the business in short term. Money is owed to the business by customers who are yet to pay for products they have already received. Also known as debtors. accounts receivable turnover ratio ratio measures how long, on average, ...

The lower the ratio, the better as it indicates efficiency in the individual expenses Accounts receivable turnover = Sales ÷ Accounts Receivable x 100 High turnover ratios indicate that the business has efficient debt collection. The bigger the number, the worse it is Liquidity Ability to pay short term liabilities The amount of current assests should be higher than its debts Current Ratio = Current Assets ÷ Current Liabilities 2:1 is considered in a good, stable financial position So...

Business Studies (HSC) Exam Study Guide with Complete Solutions TOPIC ONE - Correct Answer️️ -OPERATIONS Define the operations function - Correct Answer️️ -refers to business processes that transform and add value to inputs to produce outputs, part of the value chain Define the operations process - Correct Answer️️ -Inputs - Transformation - Outputs (More Value then Inputs) Define strategic role of operations management - Correct Answer️️ -'affecting all key business are...

HSC CAFS Access to Services/Access Services - ANS the ability to locate and have use of a service to enhance wellbeing Adoption - ANS refers to the legal procedure where an individual or couple gain legal rights and responsibilities for the care of a child when the birth parents are unable to or have chosen not to care for the child Adoptive Parent - ANS a person who raises another person's child as his or her own child; they have the same legal rights, responsibilities an...

TCOLE practice exam QUESTION AND COMPLETE SOLUTIONSReasonable / prudent According to the Transportation code: "No person shall drive a vehicle on a highway at a speed greater than is ________ and _______ under the circumstances then existing." intentionally According to the Penal Code, a person acts _______, with respect to the nature of their conduct, when it is the conscious objective or desire to engage in the conduct or cause the result. to the right or left of the subject ...

1. Reasonable / prudent According to the Transportation code: "No per- son shall drive a vehicle on a highway at a speed greater than is and under the circumstances then existing." 2. intentionally According to the Penal Code, a person acts , with respect to the nature of their conduct, when it is the conscious objective or desire to engage in the conduct or cause the result. 3. to the right or left of the subject 4. The right of the people to petition the government 5. Extensive use...

HSC - BUSINESS STUDIES, HUMAN RESOURCE MANAGEMENT QUESTIONS AND ANSWERS WITH VERIFIED SOLUTIONS 2024

These Year 12 HSC Business Studies Notes is a meticulously crafted resources designed to help students navigate the complexities of the (HSC) Business Studies course in New South Wales, Australia. These notes cover all the core topics, providing a structured and detailed roadmap to excel in the final exams

HSC Business Studies – Finance Questions & Answers accounts payable - ANSWER: the money a business owes to its suppliers and service providers. Also known as creditors or trade creditors accounts receivable - ANSWER: a current asset that represents money owed to the business in short term. Money is owed to the business by customers who are yet to pay for products they have already received. Also known as debtors. accounts receivable turnover ratio - ANSWER: ratio measures how long, on a...