Skip to content

Course home

Sign up

1.3 Putting a business idea into practice

EasyMediumHard
12345678910
Question 6

A cash-flow forecast shows an opening balance of £4,600, inflows of £7,900 and outflows of £13,200 for April. Which conclusion is most accurate?

[1]
A

The closing balance is −£700, so additional short-term finance may be needed

B

The closing balance is £700, so no cash-flow action or additional finance is required

C

Net cash flow is −£700, so the closing balance is £3,900

D

Net cash flow is £5,300, so the closing balance is £9,900

Markscheme

1.3 Putting a business idea into practice Questions

  1. GCSE
  2. /Business
  3. /1.3 Putting a business idea into practice

38 exam-style questions on Edexcel GCSE Business 1.3 Putting a business idea into practice, covering 1.3.1a Financial aims and objectives, 1.3.1b Non-financial aims and objectives, 1.3.1c Why aims and objectives differ, 1.3.2a Revenue, costs and profit calculations, 1.3.2b Break even and margin of safety, 1.3.2c Interpretation of break even diagrams, 1.3.3a The importance of cash to a business, 1.3.3b The difference between cash and profit, 1.3.3c Cash-flow forecasts: inflows and outflows, 1.3.3d Cash-flow forecasts: net cash flow and balances, 1.3.4a Short-term sources of finance, and 1.3.4b Long-term sources of finance. Each one has a worked solution and a mark scheme showing where the marks go.

Question bank