February 2025

Fixed costs, variable costs, direct costs and indirect cost

By |2025-02-12T09:16:19+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: Fixed costs, variable costs, direct costs and indirect cost

  • Cost accounting is the accounting function concerned with calculating costs
  • Cost is an amount that has to be paid or given up in order to get something
  • In business costs are expressed in monetary terms
  • In this discussion costs include:
      […]
Read More
Comments Off on Fixed costs, variable costs, direct costs and indirect cost

Introduction to break even analysis

By |2025-02-12T09:17:47+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: Introduction to break even analysis

  • It is a simple decision making aid used to discover the level of output/activity that is required before profits are made
  • It can also be used to discover the level of activity/output required to achieve a set level of profits
  • Break even analysis is […]
Read More
Comments Off on Introduction to break even analysis

Business Studies: Break even analysis the graphical method example

By |2025-02-12T09:19:21+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: Break even analysis the graphical method example

  • As has been pointed out there are two approaches to break even analysis
  • In this post we will look at the graphical method
  • To help make matters clear we will make extensive use of an example below

Shona runs a take-away pizza […]

Read More
Comments Off on Business Studies: Break even analysis the graphical method example

Cash flow introduction

By |2025-02-12T09:36:29+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: Cash Flow Introduction

  • Cash flow is defined as the movement of cash into and out of the business
  • Cash flowing into the business is called cash inflow
  • Conversely cash flowing out is called cash out flow
  • In accounting terms cash flow is viewed as the difference between the amount […]
Read More
Comments Off on Cash flow introduction

Business Studies: Break even analysis using calculations example

By |2025-02-12T09:23:32+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: Break even analysis using calculations example

  • In this topic we will make Break Even related calculations using formula
  • This approach can be used in conjunction or instead of the graphical method
  • To aid the discussion we will use the example below from a past examination paper:

Shona runs a […]

Read More
Comments Off on Business Studies: Break even analysis using calculations example

Importance of cash flow to the business

By |2025-02-12T09:38:51+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: Importance of cash flow to the business

  • It is important for a business to manage its cash flow carefully
  • As pointed out in the introduction there is a difference between cash flow and profitability
  • It is quite possible for a business to be profitable and still have cash flow […]
Read More
Comments Off on Importance of cash flow to the business

Business Studies: The uses and limitations/weaknesses of break even analysis

By |2025-02-12T09:26:59+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: Break even analysis: The uses and limitations/weaknesses of break even analysis

  • Break even analysis has it’s strengths and weaknesses

Advantages/Uses/Strengths of Break even analysis

  • Break even analysis is an important investment appraisal option as it allows management to quickly asses the viability of a proposition
  • Margin of safety calculations are […]
Read More
Comments Off on Business Studies: The uses and limitations/weaknesses of break even analysis

The role and importance of the accounting function

By |2025-02-12T09:40:19+02:00February 12th, 2025|Notes, O Level Business Studies Notes, Ordinary Level Notes|

ZIMSEC O Level Business Studies Notes: Business Finance and Accounting: The role and importance of the accounting function

  • Accounting is the organisational function that is primarily concerned with:
    1. devising methods for recording transactions, and actually recording those transactions
    2. keeping financial records,
    3. performing internal audits,
    4. reporting and analyzing financial information to the management,
    5. and advising on taxation matters
  • It is […]
Read More
Comments Off on The role and importance of the accounting function
Toggle Sliding Bar Area
Go to Top