financial studies topic 10- unit 2

what is depreciation?
a reduction in the value of an asset over time, due in particular to wear and tear
1 of 5
what is self assessment?
• Self-Assessment is a system the HM Revenue and Customs (HMRC) uses to collect Income Tax. Tax is usually deducted automatically from wages, pensions and savings. People and businesses with other income must report it in a tax return
2 of 5
what is liquidity?
having instant access to your money
3 of 5
what are the four factors someone should consider before deciding on saving or investing?
whether they can access their money, what return they'll get, any charges, the risk attitudes of you and the account
4 of 5
why do providers like to attract graduates?
because they have the potential to earn more in the future than non graduates
5 of 5

Other cards in this set

Card 2

Front

what is self assessment?

Back

• Self-Assessment is a system the HM Revenue and Customs (HMRC) uses to collect Income Tax. Tax is usually deducted automatically from wages, pensions and savings. People and businesses with other income must report it in a tax return

Card 3

Front

what is liquidity?

Back

Preview of the front of card 3

Card 4

Front

what are the four factors someone should consider before deciding on saving or investing?

Back

Preview of the front of card 4

Card 5

Front

why do providers like to attract graduates?

Back

Preview of the front of card 5

Comments

No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all banking and finance resources »