WorksheetsBusiness Finance
Total questions: 10
Worksheet time: 6mins
What is Working Capital?
Assets minus Liabilities
Assets plus Liabilities
Income plus Expenditure
Purchase Ledgers
What is the definition of a fixed cost?
Price never changes
Regularly occurring payments
A constant cost to a business
Money left over after outgoings
What type of cost is a 'Marketing Campaign'
Fixed
Variable
Product
Period
What type of cost is related to creating a new product?
(a)
What type of cost is wages within a business?
(a)
A business decides to change supplier to a more competitive price plan. What is this an example of?
Macroeconomics
Microeconomics
Variable Cost
Product Cost
The government sets a target every year for the rate of inflation, what is it?
1%
3%
2%
5%
Home working has increased by 20% in the UK. What is this an example of?
Macroeconomics
Microeconomics
When the bank of England creates new money to spend in the economy, what is this called?
Interest Rates
Government Bonds
Quantitative Easing
Inflation
Which independent regulator monitors financial services in the UK?
Bank of England
Monitory Policy Committee
Financial Ombudsman
Financial Conduct Authority
