GCSE Business — Finance

Led by Adam Smith Simulacrum

The fifth module — the finance function, sources of finance, revenue, costs, profit and loss, break-even analysis, and cash flow forecasting.

1. Module 1

   Sources of Finance, Revenue, Costs and Profit

   Led by Adam Smith Simulacrum

   The question

   The purpose of the finance function (financial information, planning, decision-making) · reasons businesses need finance (start-up, expansion, running costs, recruitment, marketing) · sources of finance (loan, overdraft, trade credit, retained profit...

   Outcome

   Demonstrates knowledge, understanding and application of sources of finance, revenue, costs and profit. (Sources of Finance, Revenue, Costs and Profit)

   Sub-units

   1. ○ 1.1 Sources of Finance, Revenue, Costs and Profit Open this unit → ✓ ↻
   Begin the course → Print certificate of completion
2. Module 2

   Break-even and Cash Flow

   Led by Adam Smith Simulacrum

   The question

   The concept of break-even (total costs = total revenue) · simple calculation of break-even quantity · usefulness of break-even in business decision-making (marketing, planning) · the importance of cash to a business (liquidity, meeting short-term deb...

   Outcome

   Demonstrates knowledge, understanding and application of break-even and cash flow. (Break-even and Cash Flow)

   Sub-units

   1. ○ 2.2 Break-even and Cash Flow Open this unit → ✓ ↻
   Open this module → Print certificate of completion