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

For my appointee I have been asked to demonstrate compentence in handling key business calculation and basicly demonstrate my understandings of the revelant financial 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 avouch business, provided with information emergencyed. For my chosen businessI need to do the followingTask 1I have been asked to let off how business may attend overstep even inorder to indicate profitable activity levels, to adapt break-evencalculations for selected business in the light of changing cost andsale damage data, then to recommend appropriate coursers of action fora selected loss making business.Task 2In task 2 I have been asked to explain the meaning of fundsflow withreference to a spreadsheet containing at least six sets of monthlydata, to explain how a profitable business could go bank rupt due tocash flow problems and to recommend ways in which a selected businessmight control its cash flow most effectively.Task 3I this division I have been asked to explain how a cipher midht be usedto monitor expenditure for one cost 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 simple ways of recordingtransactions for my selected business, to explain how fraud sens takeplace 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 calculation of profit and loss inthe year. Break even is very important for any type of company,because all the types of companies need to found out where theirincomes and losings 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 around100,000 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 variable costs. Fixed cost is a cost of my phone bills, gasbills, electricity bills, if I would be schisming the property the rentcost would also be included in the fixed cost and also the tax to the