<p>This resource introduces students to the SOCI and key terminology (Gross, net and retained profit) and helping them understand how to construct a SOCI.</p> <p>It also covers how to calculate margins and includes exam based questions that are calculation based and also written answers as well.</p> <p>This resource would last 2 lessons.</p>

<p>This assessment should be used to check the understanding of cash flow forecasting and sources of finance for component 3.</p>

<p>This resource introduces break even and its importance to a business.</p> <p>It includes a mixture of tasks looking at the key terms associated with break even along with calculating contribution and then break even itself.</p> <p>There are tasks that help students construct a break even chart, lebel it correctly and then analyse the impacts of changing variables (variable costs, fixed costs and revenue).</p> <p>This would cover between 3-4 lessons depending on length of lessons you have.</p>

<p>This resource introduces students to the topic of cash flow and the difference between inflows and outflows. Analysis looking at the impacts of inflows and outflows changing is also covered.</p> <p>The 2nd resource starts to look at building a cash flow forecast and the key formula required for that.</p> <p>Exam style questions are also included.</p>

<p>This resource tests students knowledge of the promotion topics from component 3 (exam unit).<br /> There are 2 assessments in this pack and it goes alongside the promotion lesson resources I have added as well.</p>

<p>This resource introduces students to the key terminology related to SOFP (assets vs. liabilities), formulas to do the calculations and guided tasks helping students to build confidence in constructing this document.</p> <p>This resource will last 2 lessons.</p>

<p>This resource looks at assessing understanding of break even looking at calculations of contribution and break even as well as constructing a break even chart.</p> <p>This is for component 3.</p>

<p>This resources introduces students to the differentce between costs and revenues for a business whilst also covering examples and defiinitions.</p> <p>Exam style questions are built into this resource to test students understanding.</p>

<p>This resources gives students the base content for this element of the exam unit whilstb also incoporating some fun activities and assessment linked to it.</p>

<p>This lesson resource covers content looking at the financial documents for component 3.</p> <p>This is a mix of lesson content, fun classroom activities and exam based assessment.</p>

<p>This resource covers the content for component 3 looking at methods of payment and reasons for choosing each method.</p> <p>It includes content, fun activities and assessments to monitor student understanding throughout the lesson.</p>