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BTEC Business Quiz
Game Code: 1389230
English
31
Public
Year 11 Topics Business (all aspects)
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The break even point is
Total Costs is equal to Total Revenue
15
Fixed costs will always be represented as this type of line on a break even chart...
A straight line
15
This financial document is used to correct any mistakes or overcharges and to issue and money back required
Credit Note
15
The first financial document used to make an order from Business to Business
Purchase order
15
The document that details all of the transactions between businesses
Statement of account
15
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
15
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
15
We use this word to describe things which are financially costly to the business that need to be considered
Liabilities
15
Someone who owes the business money
A debtor
15
Someone or a supplier that our business owes money to
A creditor
15
Borrowing money from another business
Peer to peer lending
15
A way to promote your business via print
Poster, Billboard, flyer,
15
A word used to describe information we need to know about the customer
Demographics
15
A financial document that lists all of the details of the order.
Invoice
15
A document that is signed to confirm receipt of the items
Delivery note
15
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.
15
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