Cambridge IGCSE® and O Level Business Studies Quiz
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Questions and Answers

Which organization endorses this resource?

  • International Business Studies Association
  • International Education Association
  • Cambridge University
  • Cambridge Assessment International Education (correct)

Which syllabuses does this resource support?

  • Cambridge IGCSE® and O Level Business Studies syllabuses (correct)
  • Cambridge IGCSE® and O Level Mathematics syllabuses
  • Cambridge IGCSE® and O Level Science syllabuses
  • Cambridge IGCSE® and O Level English syllabuses

Who developed this resource?

  • Cambridge University
  • Cambridge Assessment International Education
  • International Education Association
  • Subject experts (correct)

What does the Student eTextbook version of this book contain?

<p>Interactive quizzes (D)</p> Signup and view all the answers

Are the interactive quizzes in the Student eTextbook version of this book exam-style questions?

<p>No (D)</p> Signup and view all the answers

Which financial statement details a company's income and expenses over a specific period?

<p>Income statement (C)</p> Signup and view all the answers

Who benefits from reading an income statement?

<p>Employees (B)</p> Signup and view all the answers

What is another term for an income statement?

<p>Profit and loss statement (B)</p> Signup and view all the answers

Why is it important to be able to read an income statement?

<p>To understand a company's financial health (A)</p> Signup and view all the answers

What does an income statement communicate?

<p>Profit and loss information (B)</p> Signup and view all the answers

Flashcards

Income statement

A financial statement that shows a company's income and expenses over a specific period.

Why read an income statement?

A company's financial health is measured by looking at its profits and losses.

What does an income statement communicate?

It shows how much money a company has earned and how much it has spent.

What is a profit and loss statement?

Another name for an income statement.

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Who benefits from an income statement?

Employees can use it to understand how the company is performing and their employment security.

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What does the Student eTextbook version contain?

Interactive quizzes are included in the electronic version of the textbook.

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Are the interactive quizzes exam-style?

The quizzes in the Student eTextbook are designed to test students' knowledge.

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Who developed this resource?

Subject experts have developed this resource.

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Which syllabuses does this resource support?

This resource supports Cambridge IGCSE® and O Level Business Studies syllabuses.

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Which organization endorses this resource?

This resource is endorsed by Cambridge Assessment International Education.

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Study Notes

Resource Details

  • This resource is endorsed by a specific organization.
  • The resource supports multiple syllabuses.

Resource Developers

  • The resource was developed by a particular team or individual.

Student eTextbook Version

  • The Student eTextbook version of this book contains interactive quizzes.
  • The interactive quizzes are not necessarily exam-style questions.

Financial Statements

  • The income statement details a company's income and expenses over a specific period.
  • The income statement is also known as another term.

Importance of Income Statement

  • Stakeholders benefit from reading an income statement.
  • Being able to read an income statement is important because it communicates a company's financial performance.

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Description

Test your knowledge of the Cambridge IGCSE® and O Level Business Studies syllabuses with interactive quizzes. This resource, endorsed by Cambridge Assessment International Education, is developed by subject experts and supports the full syllabuses for examination from 2020. Perfect for students in Cambridge schools worldwide.

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