Business 9609 · AS & A Level · Costs

Costs — practice question

Part 1[3]

Explain one method by which PS could use cost information to raise business performance.

Worked solution & mark scheme

This 3-mark question has a full step-by-step worked solution and mark scheme. One marking point: Knowledge: A way of using cost information (for example, to set prices / spot avoidable costs / predict profit / strengthen cash flow / aid investment choices or loan applications)

  • Full mark scheme, point by point
  • Step-by-step worked solution
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