Types of Income and Expenditure

Starter Quiz

Complete the quiz below to test your knowledge on this topic before we start.

http://www.beebusinessbee.co.uk/index.php/tests-quizzes/129-CapitalandRevenueExpenditureIncome   (Opens in a New Window)

Video Lesson

Watch the following video that will explain the different types of revenue and expenditure.

It is important to remember that:

Income = money going into a business
Expenditure = money going out of a business

https://youtu.be/FcqGMwX8YUc   (Opens in a New Window)


 

Activity 1

Download the following worksheet and using the video resource above and your research and knowledge complete the tasks below.

https://drive.google.com/file/d/1ZpFbVebDJunyRoIggXPdFEyYaiJjTjIy/view?usp=sharing

(Opens in a New Window)

Activity 2

Complete the tasks in the video below.

https://youtu.be/YVmhI9vVH_4 (Opens in a New Window)

Plenary Quiz

Complete the quiz below to test your knowledge on this topic now you have learnt it. See what progress you have made and what areas you need to still work on and develop your knowledge of?

http://www.beebusinessbee.co.uk/index.php/tests-quizzes/129-CapitalandRevenueExpenditureIncome   (Opens in a New Window)

Additional Quiz

Complete the quiz below to test how much you really do know about this topic. All the questions have a maximum time limit of 60s.

http://www.beebusinessbee.co.uk/index.php/tests-quizzes/176-CapitalandRevenueIncomeandExpenditureQuiz2   (Opens in a New Window)

 


 

Method of Payment

Starter Quiz

Complete the quiz below to test your knowledge on this topic before we start.

http://www.beebusinessbee.co.uk/index.php/tests-quizzes/175-PaymentMethods   (Opens in a New Window)

Video Lesson

Watch the following video that will explain some of the different methods of payment that exist and impact these have on consumers.

https://www.youtube.com/watch?v=nDd4V4QQIFQ   (Opens in a New Window)

Activity

Download the following worksheet and using the video resource above and your research and knowledge complete the tasks below.

https://drive.google.com/file/d/1o2AvBgcY9jXBLKQcVGUk6rGP_6BsEM_4/view?usp=sharing

(Opens in a New Window)

Plenary Quiz

Complete the quiz below to test your knowledge on this topic before we start.

http://www.beebusinessbee.co.uk/index.php/tests-quizzes/175-PaymentMethods   (Opens in a New Window)

 

Financial Documents

Starter Quiz

Complete the quiz below to test your knowledge on this topic before we start.

http://www.beebusinessbee.co.uk/index.php/tests-quizzes/174-FinancialDocuments  (Opens in a New Window)

Video Lesson

Watch the following video that will explain the different financial documents used in a business and also provides some examples of what these may look like.

https://www.youtube.com/watch?v=tdt0xw04Dg4&t=91s  (Opens in a New Window)

 

Activity

Download the following worksheet before watching the video below and working through the tasks.

https://drive.google.com/file/d/1OXS4Aaif7QPQTX_lVJVRLyrHvpTSdYMi/view  (Opens in a New Window)

Watch the video below, pausing to complete the tasks before it will share the answers with you.

https://youtu.be/Gf4jPZeNAzQ (Opens in a New Window)

 

Plenary Quiz

Complete the quiz below to see how your knowledge has now progressed and developed since you started this lesson.

http://www.beebusinessbee.co.uk/index.php/tests-quizzes/174-FinancialDocuments  (Opens in a New Window)

In this short video learn how you can about the topic of investment appraisal and how this can be used to make business decisions. This specifically focuses on Average Rate of Return (ARR) and how it can be calculated and what conclusions can be drawn from the information that it presents to us. 

This is an ideal revision resource for your BUSS3 Business Studies exam or any finance based business course.

 

In this short video learn how you can about the topic of investment appraisal and how this can be used to make business decisions. This specifically focuses on Net Present Value (NPV) and how it can be calculated and what conclusions can be drawn from the information that it presents to us. 

This is an ideal revision resource for your Business Studies exam or any finance based business course.

 

In this short video learn how you can about the topic of investment appraisal and how this can be used to make business decisions. This specifically focuses on payback and how it can be calculated and what conclusions can be drawn from the information that it presents to us. 

This is an ideal revision resource for your Business Studies exam or any finance based business course.

 

Ratio AnalysisIn this short video learn how you can about the key financial documents that are produced by an organisation. This includes the income statement and balance sheet. You can use ratio analysis as a tool to assess the financial position of an organisation from these documents.

This is an ideal revision resource for your BUSS3 Business Studies exam or any finance based business course.

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Ratio AnalysisIn this short video learn how you can use ratio analysis as a tool to assess the financial position of an organisation.

This explains the different types of ratios that can be used and what information can be drawn from the calculations. This is an ideal revision resource for your BUSS3 Business Studies exam or any finance based business course.

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budgetingHere you can find two video resources linked to the topic of budgeting. Here we look at what is a budget and the different types of budget, before moving this on further to focus on looking at the different management decisons that can be drawn from budgeting.


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break evenHere in this video tutorial you can learn all about the process of break even and how break even analysis can be used by a business to improve their decison making techniques. 

You should combine this resource with some of the break even quiz questions that we have produced. Remember that you will need to create your free account to attempt our quizzes.

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debtDebt factoring is one of the areas of sources of finance which seems to confuse at times. This is a source of finance for businesses typically when they are suffering cash flow problems. These tend to come about because of poor cash flow management in a business. 

The short video below takes you through debt factoring and how this can solve an organisation's cash flow problems.

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