Quiz: Why Businesses Use Budgets
WJEC Eduqas GCE A LEVEL in BUSINESS specification
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Building on what you've learned about the finance department and budgets, let's explore why businesses use budgets!
Which of the following is a key reason why businesses use budgets?
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Which of the following are benefits of using budgets? (Select all that apply)
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Budgets allow businesses to set financial {{blank0}} and allocate {{blank1}} effectively.
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Match the items on the left with their correct pairs on the right
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A business has a total budget of £20,000. If it spends £12,000, how much is left?
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What type of budget focuses on day-to-day operational costs?
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Which of the following would be included in a capital budget? (Select all that apply)
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Match the items on the left with their correct pairs on the right
If a business exceeds its budget, what is this called?
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