NCFE Business & Enterprise · Unit 6
Finance quizzes
9 ready‑made quiz sets for Unit 6: Finance, one for every lesson, in course order. Pick one, put it on the board and host it live — students answer on their own devices.
- Free to host
- 20 questions per lesson
- Students join by code
Finance is about how a business raises money, keeps track of it and judges whether it is doing well. The unit starts with sources of finance, then moves to costs, assets and liabilities, break-even, cash flow forecasts, the income statement, the balance sheet and ratio analysis, ending with practical cash flow management. It matters for the exam because many questions ask you to calculate a figure and then explain what it means for a real firm. The lessons build on each other: terms first, then documents, then interpreting results.
Each set covers one lesson of Unit 6: Finance in the NCFE Level 1/2 Technical Award in Business and Enterprise, with 20 multiple-choice questions on a timed countdown. Open a set to read its revision notes, host it straight away or save it to your library.
9 lesson sets in Unit 6: Finance
- 20Qs questions
6.1.1 Funding Types
This lesson compares the main ways a business can fund itself, from short-term options like overdrafts and…20 questions · by Revision Ninja
- 20Qs questions
6.2.1 Financial Terms and Calculations
This lesson is the toolkit of core financial calculations: gross and net profit, margins, contribution…20 questions · by Revision Ninja
- 20Qs questions
6.2.2 Costs, Liabilities and Assets
This lesson sorts a business's money into categories: start-up and running costs, fixed and variable costs…20 questions · by Revision Ninja
- 20Qs questions
6.2.3 Break-Even Chart
Break-even analysis shows how many units a business must sell before it stops making a loss. This lesson…20 questions · by Revision Ninja
- 20Qs questions
6.2.3 Cash Flow Forecast
A cash flow forecast predicts the money entering and leaving a business month by month. This lesson explains…20 questions · by Revision Ninja
- 20Qs questions
6.2.3 Income Statement (Profit and Loss Account)
The income statement, also called the profit and loss account, shows how a business performed over a trading…20 questions · by Revision Ninja
- 20Qs questions
6.2.3 Statement of Financial Position (Balance Sheet)
The statement of financial position, or balance sheet, is a snapshot of what a business owns, owes and is…20 questions · by Revision Ninja
- 20Qs questions
6.2.4 Ratio Analysis
Ratio analysis turns raw accounts into comparable measures of profitability and liquidity. This lesson…20 questions · by Revision Ninja
- 20Qs questions
6.2.5 Cash Flow Management
Cash flow management is about keeping enough money in the bank at the right moments. This lesson separates…20 questions · by Revision Ninja
Key terms in this unit
- Overdraft — defined in 6.1.1 Funding Types
- Trade credit — defined in 6.1.1 Funding Types
- Debt factoring — defined in 6.1.1 Funding Types
- Leasing — defined in 6.1.1 Funding Types
- Share capital — defined in 6.1.1 Funding Types
- Retained profit — defined in 6.1.1 Funding Types
- Grant — defined in 6.1.1 Funding Types
- Crowdfunding — defined in 6.1.1 Funding Types
- Gross profit — defined in 6.2.1 Financial Terms and Calculations
- Net profit — defined in 6.2.1 Financial Terms and Calculations
- Contribution per unit — defined in 6.2.1 Financial Terms and Calculations
- Break-even output — defined in 6.2.1 Financial Terms and Calculations
- Margin of safety — defined in 6.2.1 Financial Terms and Calculations
- Liability — defined in 6.2.1 Financial Terms and Calculations
- Current asset — defined in 6.2.1 Financial Terms and Calculations
- Start-up cost — defined in 6.2.2 Costs, Liabilities and Assets
- Fixed cost — defined in 6.2.2 Costs, Liabilities and Assets
- Variable cost — defined in 6.2.2 Costs, Liabilities and Assets
- Non-current asset — defined in 6.2.2 Costs, Liabilities and Assets
- Current liability — defined in 6.2.2 Costs, Liabilities and Assets
- Working capital — defined in 6.2.2 Costs, Liabilities and Assets
- Net cash flow — defined in 6.2.2 Costs, Liabilities and Assets
- ROCE — defined in 6.2.2 Costs, Liabilities and Assets
- Break-even point — defined in 6.2.3 Break-Even Chart
- Revenue — defined in 6.2.3 Break-Even Chart
- Profit — defined in 6.2.3 Break-Even Chart
- Loss — defined in 6.2.3 Break-Even Chart
- Fixed cost line — defined in 6.2.3 Break-Even Chart
- Contribution — defined in 6.2.3 Break-Even Chart
- Cash inflow — defined in 6.2.3 Cash Flow Forecast
- Cash outflow — defined in 6.2.3 Cash Flow Forecast
- Opening balance — defined in 6.2.3 Cash Flow Forecast
- Closing balance — defined in 6.2.3 Cash Flow Forecast
- Cash flow forecast — defined in 6.2.3 Cash Flow Forecast
- Cash flow statement — defined in 6.2.3 Cash Flow Forecast
- Income statement — defined in 6.2.3 Income Statement (Profit and Loss Account)
- Profit and loss account — defined in 6.2.3 Income Statement (Profit and Loss Account)
- Sales revenue — defined in 6.2.3 Income Statement (Profit and Loss Account)
- Cost of sales — defined in 6.2.3 Income Statement (Profit and Loss Account)
- Expenses — defined in 6.2.3 Income Statement (Profit and Loss Account)
- Net loss — defined in 6.2.3 Income Statement (Profit and Loss Account)
- Statement of financial position — defined in 6.2.3 Statement of Financial Position (Balance Sheet)
- Current liabilities — defined in 6.2.3 Statement of Financial Position (Balance Sheet)
- Non-current liabilities — defined in 6.2.3 Statement of Financial Position (Balance Sheet)
- Equity — defined in 6.2.3 Statement of Financial Position (Balance Sheet)
- Capital employed — defined in 6.2.3 Statement of Financial Position (Balance Sheet)
- Depreciation — defined in 6.2.3 Statement of Financial Position (Balance Sheet)
- Net book value — defined in 6.2.3 Statement of Financial Position (Balance Sheet)
- Net profit margin — defined in 6.2.4 Ratio Analysis
- Liquidity — defined in 6.2.4 Ratio Analysis
- Current ratio — defined in 6.2.4 Ratio Analysis
- Acid-test ratio — defined in 6.2.4 Ratio Analysis
- Inventory — defined in 6.2.4 Ratio Analysis
- Operating profit — defined in 6.2.4 Ratio Analysis
- Cash flow — defined in 6.2.5 Cash Flow Management
- Cash shortfall — defined in 6.2.5 Cash Flow Management
- Early payment discount — defined in 6.2.5 Cash Flow Management
- Credit terms — defined in 6.2.5 Cash Flow Management
- Receivables — defined in 6.2.5 Cash Flow Management
- Internal cause — defined in 6.2.5 Cash Flow Management