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Applied Business GCSE
Double Award GCSE in Applied Business: Unit 03 Exam practice
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Author: Steve Margetts at Wikitextbook

To be used in conjunction with the Applied Business GCSE workbook.
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3.01-3.09 Business Finance Trial Exam

You are going to sit a trial exam lasting one hour. Read these helpful hints before you attempt the exam.

The exam is centred around a company that makes mountain bikes. The Company is called Spokes and it is run by Steve and Sally. Angles Ltd produces nuts and bolts and sells them to Spokes.

You may use this calculator to help you with any calculations.
3.01-3.09.1 Exam Practice Part 1
You are going to complete a practice exam which covers the following areas:
  • What it means to be in business
  • The flow of financial documents
  • Methods of payment
  • Business costs
  • Calculating the break-even point.
3.01-3.09.2 Exam Practice Part 2
You are going to complete a practice exam which covers the following areas:
  • Using a cash-flow forecast
  • Profit and loss accounts
  • Balance sheet
  • Where the money comes from
If you need to do any calculations, this online calculator will help.
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