Y9 Finance 1

What is anything to do with calculating, organising or budgeting for a business?

• finance function
• Budgeting

What is planning how finance will be spent?

• Budgeting
• Finance function

What is a generic term for finance and cash which can often be exchanged for a more suitable term?

• Price
• Cost
• Money
• Cash

What is the term for physical money the business has in the bank, till, or their hands?

• Price
• Cost
• Money
• Cash

What is the term for any money the business receives from either revenue or savings?

• Income
• Price
• Revenue

What is the term for the amount of money coming into the business via sales

• Income
• Price
• Revenue

What is the term for how much a customer will pay for a product or service?

• Income
• Price
• Revenue

What is the term for how much the business pays to produce a product or provide a service?

• Price
• Cost
• Revenue

What is the term for when total revenue is greater than total costs?

• Loss
• Profit

What is the term for the action of giving others money through either customers paying for products or businesses paying for resources?

• Pay
• Take