BTEC Business Quiz | Baamboozle - Baamboozle | The Most Fun Classroom Games!

English 31 Public

Year 11 Topics Business (all aspects)

Study Slideshow

The break even point is

Total Costs is equal to Total Revenue

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Fixed costs will always be represented as this type of line on a break even chart...

A straight line

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This financial document is used to correct any mistakes or overcharges and to issue and money back required

Credit Note

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The first financial document used to make an order from Business to Business

Purchase order

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The document that details all of the transactions between businesses

Statement of account

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A type of promotion that is used to make the public aware of the brand and see the brand in a good light/ have a good perception of them

Public Relations

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We use this word to describe what it means for a business to have a valuable amount of equipment, cash in the bank etc

Assets

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We use this word to describe things which are financially costly to the business that need to be considered

Liabilities

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Someone who owes the business money

A debtor

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Someone or a supplier that our business owes money to

A creditor

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Borrowing money from another business

Peer to peer lending

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A way to promote your business via print

Poster, Billboard, flyer,

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A word used to describe information we need to know about the customer

Demographics

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A financial document that lists all of the details of the order.

Invoice

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A document that is signed to confirm receipt of the items

Delivery note

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Give an advantage of having correct statement of accounts

To ensure that the business has charged correct amounts, has not undercharged, is able to see any adjustments that need correcting.

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