13.3 Business, Commercial, and Financial Awareness

13.3 Business, Commercial, and Financial Awareness

Assessment

Flashcard

Engineering

12th Grade

Easy

Created by

Anton Foster

Used 1+ times

FREE Resource

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10 questions

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1.

FLASHCARD QUESTION

Front

Which of the following is NOT a financial statement? Balance Sheet, Income Statement, Cash Flow Statement, Marketing Plan

Back

Marketing Plan

2.

FLASHCARD QUESTION

Front

What does Unit 13.3 NOT focus on? Options: Business practices, Economic Concepts, Historical Events, Financial Concepts

Back

Historical Events

3.

FLASHCARD QUESTION

Front

Recording financial transactions is important for maintaining ____.

Back

financial health

4.

FLASHCARD QUESTION

Front

The concept of financial responsibility includes ____.

Back

managing money wisely

5.

FLASHCARD QUESTION

Front

What is the role of the owner when other stakeholders are involved in the business?

Back

To ensure the company is successful and stable

6.

FLASHCARD QUESTION

Front

As soon as there are other stakeholders involved, the owner has some ______ responsibility.

Back

Financial

7.

FLASHCARD QUESTION

Front

Enforcing financial responsibility in the UK is largely left to whom?

Back

The owner or manager

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