Business GCSE
Selecting relevant financial data
What Selecting relevant financial data means in Business GCSE, as defined for AQA.
Definition of Selecting relevant financial data
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Read the wording for your board, then hide it and explain Selecting relevant financial data in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Choosing relevant figures from the income statement or statement of financial position rather than quoting the whole statement.
Topics that use Selecting relevant financial data
Related terms
- Asset and liability classification
- Assets
- Average Rate of Return (ARR)
- Business decision making
- Calculating and comparing ratios and totals
- Cash Flow Forecast
- Causes and consequences of financial change
- Financial interpretation and comparison
Using Selecting relevant financial data in the exam
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