A-Level Business: Unit 5 key terms revision

Edit Answers
12345678910111213141516171819202122232425262728293031323334353637383940
Across
  1. 2. The amount of cash available at the start of a financial period.
  2. 3. Income generated from selling goods or services.
  3. 10. Money invested into the business to fund operations or growth.
  4. 11. A short-term borrowing facility allowing withdrawals beyond the account balance.
  5. 12. The difference between actual output and the break-even level of output.
  6. 13. A budgeting variance where actual performance is worse than expected.
  7. 15. An arrangement allowing goods to be bought now and paid for later. (5,6)
  8. 17. A payment from company profits distributed to shareholders.
  9. 19. Capital provided by investors willing to take risks for high-growth potential.
  10. 20. Renting assets long-term instead of buying them outright.
  11. 22. Renting assets instead of buying them outright to preserve cash.
  12. 23. Money leaving the business to pay for expenses, assets or repayments.
  13. 26. How effectively a business uses its financial resources to reduce waste.
  14. 31. The amount each unit counts toward toward fixed costs after covering variable costs
  15. 32. Valuable resources owned by a business.
  16. 34. Acquiring assets by paying in instalments, with ownership after final payment. (4,8)
  17. 38. The difference between actual performance and budgeted figures.
  18. 39. Debts or obligations owed by the business.
  19. 40. A budgeting variance where actual performance is better than expected.
Down
  1. 1. Spending capital on assets or projects expected to generate future returns.
  2. 4. Costs that rise or fall directly with the level of output.
  3. 5. Funding provided by governments or organisations that does not need repayment.
  4. 6. The financial surplus when total revenue exceeds total costs.
  5. 7. Money raised by selling ownership shares in the business. (5,7)
  6. 8. The point at which total revenue equals total costs. (5,4)
  7. 9. A long-term loan secured on property or land.
  8. 10. Organisations or individuals the business owes money to.
  9. 14. Costs that do not change with the level of output or sales.
  10. 16. The difference between the selling price and the variable cost per unit.
  11. 18. Money entering the business from activities such as sales or loans.
  12. 21. The ability of a business to meet its short-term financial obligations.
  13. 24. A long-term loan secured against company assets, often with fixed interest.
  14. 25. Customers who owe money to the business for goods or services.
  15. 27. The amount of cash left at the end of a financial period.
  16. 28. The financial gains or benefits received from an investment.
  17. 29. Borrowed money that must be repaid over time with interest.
  18. 30. Raising small amounts of money from a large number of individuals online.(5,7)
  19. 33. The movement of money into and out of a business over a period. (4,4)
  20. 35. The expenses a business incurs in producing goods or services.
  21. 36. A financial plan that sets expected income and expenditure levels.
  22. 37. Profits kept in the business rather than paid out to owners.