Daily Practice

GCSE Business

10th February 2026

5 questions · GCSE · 503 questions in this band

1
Financial statements: the income statement and statement of financial position
What equation must always balance on a statement of financial position?
2
Analysing financial statements: ratio analysis
What does the gross profit margin measure?
3
Capital Expenditure and Revenue Expenditure
On which financial statement does capital expenditure appear, and as what?
4
Choosing the Right Source of Finance for a Business Scenario
State two factors a business owner should consider when choosing a source of finance.
5
Break-Even: The Effect of Changes in Price, Costs and Output
If a business successfully cuts its variable cost per unit while keeping its selling price the same, what happens to its break-even output?

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