Key Business Calculations and Revelant Financial Flows :: GCSE Business Finance

For my assignment I shake been asked to tell compentence in handling key product line count and basicly demonstrate my understandings of the revelant pecuniary flows.IntroductionFor my assignment I have been asked to demonstrate compentence inhandling key business calculation and basicly demonstrate myunderstandings of the revelant financial flows. I am able to choose my knowledge business, provided with information needed. For my chosen businessI need to do the following depute 1I have been asked to explain how business may solve turn tail even inorder to indicate profitable activity levels, to hold break-evencalculations for selected business in the light of changing comprise andsale harm data, then to press appropriate coursers of action fora selected mischief making business.Task 2In undertaking 2 I have been asked to explain the meaning of cashflow withreference to a spreadsheet containing at least cardinal sets of monthlydata, to explain how a profitable business could go bump due tocash flow problems and to recommend ways in which a selected businessmight control its cash flow most effectively.Task 3I this section I have been asked to explain how a budget midht be usedto monitor expenditure for one live centre for my selected business,explain the importance of budget variance information to managers ofmy selected business and to recommend ways in which managers mightdeal with a cost centre that consistenly records an unfavourablebudget variance in the caseof my selected business.Task 4In task 4 I have been asked to explain undecomposable ways of recordingtransactions for my selected business, to explain how fraud can simulateplace in the process of recording transactions for my selectedbusiness and recommend simple fraud detection and prevention measuresfor a small business.whole 3 Investigating Financial ControlTask 1,a) P1In this task I have been asked to explain how a business may calculatetheir break even. Break even is a calculati on of profit and loss inthe year. Break even is very important for any sign of company,because all the types of companies need to institute out where theirincomes and losses meet.I own a sandwich bar company and I have to found out how could Ibreak-even with my losses and incomings. My start up cost is about100,000 but that has nothing to do with on working out my break-even.To break-even I need to know my running cost, which splits in to fixedcosts and changeable costs. Fixed cost is a cost of my phone bills, gasbills, electricity bills, if I would be renting the property the rentcost would alike be included in the fixed cost and also the measure to the