Which of the following would you use to show how much money is coming into and going out of a business?
Job costing statement
Cash budget
Break-event chart
Which of the following would you use to calculate the cost of completing an individual job or task?
Break-even chart
Which of the following would you use to show how many items you need to sell to make a profit?
Job-costing statement
Which of the following is a non-financial benefit that can be used to motivate employees?
Staff training
Bonus
Pay rise
Which of the following is a payment system that can be used to motivate employees?
Flexible working practices
Profit sharing
Staff social events
What is an appraisal?
The process of ensuring staff have the required skills to complete their jobs
The process of getting a group of employees to work together effectively
A meeting that takes place between an employee and their manager
Which of the following is not an internal influence on a business?
Employees
Finance
Environmental
On a break-even chart which line does sales revenue meet at the break-even point?
Variable costs
Total costs
Fixed costs
What would be the outcome for a business if output was below the break-even point?
The business would be making a profit
The business would be making a loss
The business would be making neither a profit or a loss
What is team building?
The process of ensuring staff have the required skills to complete their jobs.