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BTEC Enterprise Component 3 Learning Aim B

Authored by J Oliver

Business

11th Grade

Used 102+ times

BTEC Enterprise Component 3 Learning Aim B
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60 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the term for long term assets such as vehicles & buildings?

Fixed assets

Current Assets

Current Liabilities

Long term Liabilities

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the term for short term debts that a business owes such as an overdraft?

Fixed Assets

Current Assets

Current Liabilities

Long term Liabilities

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following categories would highlight the inventories that a business owns?

Fixed Assets

Current Assets

Current Liabilities

Long term liabilities

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following categories would highlight bank loans that a business owes?

Fixed Assets

Current Assets

Current Liabilities

Long term liabilities

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Net current assets is calculated by

Current liabilities – current assets

Current assets / Current liabilities

Current liabilities / current assets

Current assets – current liabilities

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This term refers to the money invested in a business

Fixed assets

Current assets

Current liabilities

Long term liabilities

Capital

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which term refers to the ease with which you can repay short term debts?

Cash

Cash Balance

Liquidity

Assets

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