C2 Resources & Financial Planning quiz games for BTEC Enterprise Component 2

1. 1

   Resources: true or false?

   A laptop is a human resource.
2. 2

   What is net cash flow?

   Cash inflows plus cash outflowsCash inflows minus cash outflowsTotal sales for the yearCash left at the start of the month
3. 3

   Which of these is a start-up cost?

   Postage for each orderBuying a sewing machineThread used for each orderA monthly website hosting fee

+ 12 more questions in the game.

1. 1

   What is meant by stock when you are listing the resources needed in your micro-enterprise business plan?

   Goods held ready for saleCustomers' orders waiting to be madeTools used to make itemsMoney held in a bank
2. 2

   What is meant by revenue when you are building a forecast profit and loss account for your plan?

   Money borrowed to startThe cost of making goodsMoney from selling goods or servicesMoney left after all costs
3. 3

   What is meant by human resources when you are listing the resources needed in your micro-enterprise business plan?

   The people and their skillsThe place where the business worksMachines used to make goodsThe money available to spend

+ 12 more questions in the game.

1. 1

   Cash flow: true or false?

   A cash flow forecast shows only income, not costs.
2. 2

   Gross profit £300 and expenses £100. What is net profit?

   £100£400£300£200
3. 3

   Start-up costs: true or false?

   Buying a tool once before trading begins is a start-up cost.

+ 12 more questions in the game.