· Jack Young · Education
Unit 34 (P7, M3): Financial State
Ratio analysis is used to analyse the working capital of a business. Financial ratios can be used to look at a wider range of performance of a business.
Ratio analysis is used to analyse the working capital of a business. Financial ratios can be used to look at a wider range of performance of a business.
A budget is a guideline in which it manages cost over a certain period of time.
Trading profit and loss account looks at all of the money that the business makes through sales. Then pays out for the expenses that have to be paid.
Explain how an organisation could improve the quality of its business information.
Explain how organisations use information. Discuss the characteristics of good information. Explain the issues related to the use of information and assess how issues related to the use of information affect an organisation.