Business > MARK SCHEMES > Mark Scheme (Results) Summer 2022 Pearson Edexcel International GCSE In Business (4BS1) Paper 02 Inv (All)

Mark Scheme (Results) Summer 2022 Pearson Edexcel International GCSE In Business (4BS1) Paper 02 Investigating large businesses

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Question Number Which one of the following shows money coming in and money going out of a business? Answer Mark 1 (a) (i) AO1 - 1 mark C Cash flow A – a mortgage is a loan B – break-even ... does not show money in and out of a business – it is the point at which total costs and revenue are the same D – Profit and loss – profit is money left after sales and loss is when there is less money made than it cost (1) Question Number Which one of the following could a person complete when applying for a job? Answer Mark 1 (a)(ii) AO1 - 1 mark A Application form B – Shortlisting is the process of deciding which applicants to interview C – Job description gives of the job for which applicants can apply D Person specification gives details of the type of person required for the job (1) Question Number Which one of the following is the correct statement? Answer Mark 1 (a) (iii) AO2 - 1 mark C Loss of 550 000 A – Total costs has incorrectly been calculated using revenue + variable costs + fixed costs B – Cash inflow has incorrectly been calculated by doing variable costs minus fixed costs D – Profit is incorrect as this calculates revenue minus variable costs (1)Question Number Which one of the following is a benefit of being a franchisee? Answer Mark 1 (a)(iv) AO1 - 1 mark B Selling an established brand A – You cannot choose your own suppliers as a franchise C – You would still have to pay interest on any bank loans whether a franchisee or not D – You do not have complete control of the business if you are a franchisee the franchisor does (1) [Show More]

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