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Worksheets

GCSE Business Studies

Total questions: 10

Worksheet time: 3mins

Name
Class
Date
1.

Which one of these is an example of a cash inflow?

a)

Wages and training

b)

Loan from the bank

c)

Advertising

d)

Maintenance and repairs

2.

Which one of these is the correct formula for Margin of Safety

a)

Actual output - Breakeven output

b)

Total revenue - Total costs

c)

Fixed costs - Variable costs

d)

Sales * Revenue

3.

Finish the formula:

Profit = _________ - Total Costs

a)

Fixed Costs

b)

Contribution

c)

Total Revenue

d)

Overheads

4.

Select the 3 ways to fund:

a)

Donate

b)

Bet

c)

Lend

d)

Ask

e)

Invest

5.

Select 3 long-term sources:

a)

Overdraft

b)

Venture capital

c)

Share capital

d)

Trade credit

e)

Retained profit

6.

Select the short-term source:

a)

Personal savings

b)

Crowdfunding

c)

Overdraft

d)

Share capital

7.

Select the formula for Contribution:

a)

Fixed costs / ( Price - Variable costs per unit)

b)

Selling price - Variable costs per unit

c)

Total Revenue - Total Costs

d)

Sales * Fixed Costs

8.

Select 3 demographics used in market segmentation:

a)

Height

b)

Age

c)

Gender

d)

Income

9.

Select an advantage of independence:

a)

You get to make the major decisions in the business

b)

It's fun

c)

There is no risk

d)

Your money is safe

10.

Select the formula for net cash flow:

a)

Total cash - Total costs

b)

Total cash inflows - Total cash outflows

c)

Revenue - Profit

d)

600 units