Unit 2 revision yes/no business edexcel a level

Is retained profit an external source of finance ?

• yes

• no

Is Share Capital suitable for a partnership ?

• yes

• no

Does venture capital suit risky new businesses ?

• yes

• no

Is trade credit suitable to finance purchase of raw materials ?

• yes

• no

Is a business plan compulsory ?

• yes

• no

• answer = 25

• answer = 20

Is a cashflow forecast historical ?

• yes

• no

Does the green shaded area indicate profit ?

• yes

• no

Are fixed costs affected by changes in output levels ?

• yes

• no

Does breakeven theory assume all output is sold ?

• yes

• no