Key term
CCEA AS-Level Business 3210
Enterprise and Entrepreneurship
The Central Purpose of Business Activity
Forms of Business Ownership
Stakeholder Groups
Markets and Market Forces
Quality Management
Topic overviewWhat is quality?Total quality management, quality assurance and quality control definedThe advantages and disadvantages of TQMThe advantages and disadvantages of quality assurance and quality controlISO 9000 certification and the quality policyQuality control and quality assurance reviewedTQM, control and assurance comparedThe approaches to quality, and the case for and against TQMQuality control and quality assurance weighedISO 9000 certification, and how quality is measuredQuality as a dimension of competitiveness
Productivity and Investment
Organisational Design
Topic overviewHierarchy, span of control, chain of command and delegationCentralised, decentralised, tall, flat and matrix structuresCentralisation versus decentralisation, delayering, and the effects of designCentralisation and decentralisation weighedTall and flat structures weighedOutsourcingCentralisation, structure and outsourcing
Investing in People
Topic overviewSuccession planning, skills audits and the factors behind people investmentThe benefits and drawbacks of investing in peopleMethods of recruitment and selectionTraining and appraisal methodsOnline recruitment and selectionOnline training and appraisalInduction training: content, benefits and drawbacksOn-the-job training: methods, advantages and drawbacksOff-the-job training: methods, advantages and drawbacksContinuing professional developmentChoosing a training methodInternal and external methods of recruitmentInternal versus external recruitment weighedThe stages of selection, and the methods usedPsychometric testing: what it measures and what it missesPsychometric testingThe purpose of appraisal, and its benefits and drawbacksTechnology in the appraisal processOnline recruitment and selection technologyOnline training and appraisal technologyThe benefits and drawbacks of online HR processes
Motivation
Topic overviewTaylor's scientific management and Maslow's hierarchyHerzberg's two-factor theory, and the limits of each theoryTaylor and Maslow reviewedHerzberg's hygiene factors and motivators in detailMonetary and non-monetary methods of motivationLeadership styles, and choosing a method of motivationThe monetary methods of paymentThe monetary methods weighed, and calculating commissionJob design, empowerment, team working and flexible workingRecognition and development, and how non-monetary methods link to theory
Principles of Management and Leadership
Market Size, Share and Growth
The Degree of Competition in a Market
Market Research
The Marketing Mix
Elasticity of Demand
The Product Life Cycle
Market Planning and Strategy
E-Business and E-Commerce
Sources of Finance
Break-Even Analysis
Cash Flow
Cash Flow Forecasts
Budgeting
Cash Flow Forecasts
- 2 subtopics
- 8 things to know
- Unit AS 2
What Cash Flow Forecasts covers
Cash flow forecasts is examined in Unit AS 2, Growing the Business. It covers the cash inflows and outflows of a forecast and net cash flow, closing balance, and the uses and limits of a forecast.
Where it is assessed
Unit AS 2
Growing the Business, written examination, 20% of A level.
Check the CCEA specification ↗The 2 subtopics
Each one has its own page. CCEA AS Business students sit this topic in the first year.
- The cash inflows and outflows of a forecastCash flow forecast and total cash outflows.Open →
- Net cash flow, closing balance, and the uses and limits of a forecastWorking out net cash flow and the closing balance, why one month's closing figure opens the next, what a forecast lets a business do about a shortfall, and what it cannot foresee.Open →
What you need to know
Answer each one before you reveal it.
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Key term
What do total cash inflows cover, and how are payments to suppliers, to a landlord and against borrowing each classified?
Key term
What does 'net cash flow' represent when used to calculate the closing balance?
Numbers
Calculate the net cash flow when total inflows = £43,500, total outflows = £36,500.
Key term
What is a cash flow forecast?
Key term
Explain how the closing balance of one month relates to the next month in a cash flow forecast.
Key term
Name one type of cash inflow that would appear in a cash flow forecast relating to revenue from customers.
Key term
What action might a business take if its cash flow forecast reveals a future cash shortfall?
Take Cash Flow Forecasts further
The same content, four other ways.
Commonly confused
Pairs that lose marks when they are blurred together.
Cash inflow vs Cash outflow
Cash inflow: money coming in, such as sales receipts and loans received. Cash outflow: money going out, such as purchases, wages and rent.
Net cash flow vs Closing balance
Net cash flow: total money in less total money out over one period. Closing balance: the opening figure adjusted for that period and carried into the next.
Questions from this topic
Each one with the model answer underneath.
- 1
What is a cash flow forecast?
Model answer
A financial document that predicts the expected cash inflows and outflows of a business over a future period, typically month by month.
- 2
Name one type of cash inflow that would appear in a cash flow forecast relating to revenue from customers.
Model answer
Sales receipts (cash received from customers for goods or services sold).
- 3
How would money borrowed from a bank appear in a cash flow forecast?
Model answer
As a cash inflow under loans received.
- 4
What term describes money invested into a business by owners that appears as a cash inflow in a forecast?
Model answer
Capital injections.
- 5
Apart from sales receipts, loans, and capital injections, what other category of cash inflows might appear in a forecast?
Model answer
Other cash receipts (such as interest received, asset sales, or grants).
- 6
What does the term 'total cash inflows' represent in the net cash flow formula?
Model answer
The sum of all cash entering the business during a period, including sales receipts, loans received, capital injections, and other cash receipts.
What is inside Levo
Six ways to work the same material.
Cash Flow Forecasts revision questions
- Is Cash Flow Forecasts examined at AS in CCEA Business?
- Yes. It sits in Unit AS 2, which you take in the first year, so it is on the AS paper as well as counting towards the full A level.
- What does Cash Flow Forecasts cover in CCEA AS-Level Business?
- 2 subtopics: the cash inflows and outflows of a forecast and net cash flow, closing balance, and the uses and limits of a forecast. Each one has its own page with questions and model answers.
- How is Cash Flow Forecasts organised?
- By the CCEA 3210 specification, subtopic by subtopic, so it matches the order you are taught it in.
Every question in Cash Flow Forecasts, on a schedule.
Attempt a question from memory, write the correct version, then attempt it again. Levo records the jump between your first attempt and your last, and brings each question back on the day you are due to forget it.
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