BTEC Business Unit 3 Level 3 Personal Business and Finance (May 25th 2018)

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1990jo123
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Hello I'm currently preparing for the BTEC Business unit 3 Personal business and finance exam. Does anyone know any topics in particular that are most likely going to come up?

In addition to this, does anyone have the January 2018 Paper for BTEC Business Unit 3 Personal business and finance? If so please upload/share. Thank you
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Racing2Zoro
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we are still doing lessons on in.
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username3399750
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Ratios are going to be a big topic covered in the exam this year, so make sure you know all the profitability, efficiency and liquidity ratio equations for the exam. Also balance sheets and income statments, but more business finance than personal finance.
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Unkown101
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  1. Does anyone have the structure for how to answer 2 marks, 6marks, 8 marks, 10 marks and 12 markers?
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saniela
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(Original post by Pandamo)
Ratios are going to be a big topic covered in the exam this year, so make sure you know all the profitability, efficiency and liquidity ratio equations for the exam. Also balance sheets and income statments, but more business finance than personal finance.
how are you so sure that these topics will come up?
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NatalieSmith122
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Hi guys!
Im a business teacher, i personally think Break-even, Ratios and SoFP will come up.
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=Elizabeth=
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(Original post by NatalieSmith122)
Hi guys!
Im a business teacher, i personally think Break-even, Ratios and SoFP will come up.
HII thanks for the suggestions! my business teacher also mentioned all of them, so hopefully they will be the ones to come up.
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Ellie...,
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All of the topics not covered so far in exams are functions and role of money, ways to pay, pet insurance health insurance life insurance and home and contents insurance, financial institutions, most of borrowing, consumer protection for section A. For section B purpose of accounting, accruals and prepayments, capital expenditure, revenue income, sources of finance, reducing balance method for depreciation, cash flow, usefulness of break even, and ratios 😊
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MartinJohnson03
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Anyone have the time for the exam? 1:45Pm right?
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1990jo123
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(Original post by Ellie...,)
All of the topics not covered so far in exams are functions and role of money, ways to pay, pet insurance health insurance life insurance and home and contents insurance, financial institutions, most of borrowing, consumer protection for section A. For section B purpose of accounting, accruals and prepayments, capital expenditure, revenue income, sources of finance, reducing balance method for depreciation, cash flow, usefulness of break even, and ratios 😊
Sources of finance has already come up. Does this include the topics that hasn't come up in the January 2018 paper?
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araiz.shakeel
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(Original post by MartinJohnson03)
Anyone have the time for the exam? 1:45Pm right?
Are you doing in the morning ?
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1990jo123
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(Original post by araiz.shakeel)
Are you doing in the morning ?
Is your exam in the morning?
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=Elizabeth=
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My exam is at 1pm
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=Elizabeth=
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Scratch that apparently my exam starts at 1:30 and finishes at 3:30, like how do they expect me to get home?!?
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MartinJohnson03
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Wtf were those last 2 questions. ****ed up bad on those.
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chlo00
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What was your answer for the old age question??? Confused
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=Elizabeth=
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that old age question I was like umm. I spoke abut how they won't buy as much stuff bc they don't have as many needs as like children, therefore they will save more. I legit made that answer up.
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Tuna2001
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I spoke about how in the old days they didn’t have much money and they would save it and they had not been brought up to borrow ? Legit made that up to
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Azzy101
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For the over draft question. I done £3000-£800 which was £2200. Then I put the £800 in with the current liabilities. So therefore the current liability figure was greater. I got £372 for the new net asset firgure I believe. Just wondering if anyone else got the same? Or if that’s right because an overdraft is something that you owe?🤔
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Azzy101
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Break even point was 970 for a fact
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