Tag: Business Studies

A business has the following cash flow information for one particular month:

• Opening balance: £5 000
• Cash inflow: £7 000
• Cash outflow: £14 000

What is the net cash flow for the business at the end of this month?

Select ONE answer:

1. – £16 000
2. – £7 000
3. £12 000
4. £26 000

Show the workings to arrive at your answer, and explain and justify your reasons:

Which ONE of the following documents is used in the recruitment process?

Select ONE answer:

1. Business Plan.
2. Person Description.
3. Application Form.
4. Cash Flow Forecast.

Show the workings to arrive at your answer, and explain and justify your reasons:

Which ONE of the following documents is used in the recruitment process?

Select ONE answer:

1. Business Plan.
2. Job Advert.
3. Person Description.
4. Cash Flow Forecast.

Show the workings to arrive at your answer, and explain and justify your reasons:

Which ONE of the following documents is used in the recruitment process?

Select ONE answer:

1. Job Description.
2. Business Plan.
3. Person Description.
4. Cash Flow Forecast.

Show the workings to arrive at your answer, and explain and justify your reasons:

Which ONE of the following is an example of a variable cost for a small manufacturing business?

Select ONE answer:

1. rent of the business premises
2. insurance payments
3. advertising costs
4. packaging of the finished products

Show the workings to arrive at your answer, and explain and justify your reasons: