Business GCSE
Financial control and record keeping
What Financial control and record keeping means in Business GCSE, as defined for AQA.
Definition of Financial control and record keeping
Check what you remember
Read the wording for your board, then hide it and explain Financial control and record keeping in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Recording income and expenditure and providing financial information for decisions.
Topics that use Financial control and record keeping
- Finance (AQA GCSE)
Related terms
- Business objectives
- Clear links
- Finance influencing other functions
- Functional plans
- Interdependence
- Budgeting and cash-flow management
- Finance supporting business decisions
Using Financial control and record keeping in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
Practise Business questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
Start free
All Business GCSE termsA week of Premium from your first lesson · Then the free plan continues · No card, no charge