Btec business personal + business finance

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Fixed costs / contribution per unit
Break even point
1 of 10
A requirement to drive on UK roads
Car insurance
2 of 10
A way of setting up a regular, fixed payment from your bank account
Standing order
3 of 10
A form of debt issued by the government
Gilt
4 of 10
Owed by the business that are likely to change on a regular basis
Current liabilities
5 of 10
Non current assets + current assets - (current liabilities + long term liabilities)
Net assets
6 of 10
An asset that can be touched
Tangible asset
7 of 10
Number of units sold x selling price
Sales revenue / turnover
8 of 10
When an expense is paid after
Accruals
9 of 10
A TYpe current account popularly used by students
Student
10 of 10

Other cards in this set

Card 2

Front

A requirement to drive on UK roads

Back

Car insurance

Card 3

Front

A way of setting up a regular, fixed payment from your bank account

Back

Preview of the front of card 3

Card 4

Front

A form of debt issued by the government

Back

Preview of the front of card 4

Card 5

Front

Owed by the business that are likely to change on a regular basis

Back

Preview of the front of card 5
View more cards

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