Business unit 2

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Across
  1. 5. difference between actual and budgeted values.
  2. 6. funding from groups on the Internet.
  3. 8. future financial plan.
  4. 9. the amount of finance you will be repsonsible for.
  5. 13. point where TR = TC.
  6. 14. revenue minues costs.
  7. 15. profit from the previous year.
  8. 17. forecast showing ins & outs of a business.
  9. 18. continuous improvement.
  10. 19. a cost that reflects the amount of output.
  11. 20. time given by suppliers to pay for goods.
  12. 21. current assets - current liabilities.
Down
  1. 1. ltd liability co. between 2 and 20 members.
  2. 2. stock left in reserve.
  3. 3. short term bank loan.
  4. 4. mcdonalds, burger king, kfc are all examples.
  5. 6. outputs related to inputs.
  6. 7. sales price minus variable cost.
  7. 10. document identifying what the business is doing.
  8. 11. 4 methods are cell, flow, batch & job.
  9. 12. turning assets into cash.
  10. 16. a cost that doesn't change with output.