Daily Practice

GCSE Business

30th October 2020

5 questions · GCSE · 503 questions in this band

1
Reasons Why New Businesses Fail
State one external cause of new business failure.
2
Risk and Reward in Business Enterprise
State one non-financial reward an entrepreneur might gain from running their own business.
3
Why businesses need finance
Is buying a delivery van a capital expenditure or a revenue expenditure? Explain your answer.
4
Cash-Flow Problems: Causes, Consequences and Solutions
Give one consequence a business could face if it runs out of cash to pay its suppliers.
5
Cash Versus Profit and the Importance of Working Capital
Why is cash considered more liquid than stock, even though both can be current assets?

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