Who wants to be a Student Millionaire

1
Who wants to be a Student Millionaire?

• Hosted by Miss Reed

2
Confident?
3
The Prizes
8 - 16,000 9 - 32,000 10 - 64,000 11 -
125,000 12 - 250,000 13 - 500,000 14 -
1,000,000

• 1 - 100
• 2 - 200
• 3 - 500
• 4 - 1,000
• 5 - 2,000
• 6 - 4,000
• 7 - 8,000

4
Lifelines

• Phone a friend
• Ask the audience

5
100
which of these is a start up cost
A - wages
B - rent
C market research
c market research
D electricity bills
6
200
What does VAT stand for?
A varied added tax
B value alternative tax
C various angry taxes
D value added tax
D value added tax
7
500
Which of these is not a source of finance?
A credit card
B - overdraft
C - cheque
C - cheque
D - loan
8
1,000
Which of these is a method of payment?
A debit card
A debit card
B - overdraft
C owners funds
D bank loan
9
2,000
Which of these does the customer send to the
supplier to get some supplies?
A - Cheque
B Purchase order
B Purchase order
C - invoice
D delivery note
10
4,000
What does the customer send to the supplier with
their payment?
A - invoice
B - cheque
C postal order
D remittance advice slip
D remittance advice slip
11
8,000
Breakeven point is -
A variable costs/contribution per unit
B contribution per unit/fixed costs
C fixed costs/contribution per unit
C fixed costs/contribution per unit
D contribution per unit/variable costs
12
16,000

• If fixed costs increase the break even point will
  -

A - increase
A - increase
B - decrease
C stay the same
D it could be any of these
13
32,000
A direct debit
A is always the same each month
B can be used to borrow money
C is good to pay bills
C is good to pay bills
D is a good way to pay for clothes
14
64,000
This is given to customers if they have been
wrongly charged for example -
A credit note
A credit note
B - cheque
C - invoice
D - receipt
15
125,000
the following details your assets and liabilities
A profit and loss account
B cash flow forecast
C Bank statement
D Balance sheet
D Balance sheet
16
250,000
where will you find expenses, net profit before
tax and cost of sales?
A balance sheet
B - budget
C cash flow
D profit and loss account
D profit and loss account
17
500,000
Net current assets are -
A current liabilities current assets
B current assets current liabilities
B current assets current liabilities
C fixed assets current assets
D current assets fixed assets
18
1,000,000
When did Chip and Pin become compulsory?
A New years day 2006
B May bank holiday 2006
C Valentines day 2006
C Valentines day 2006
D August Bank holiday 2006
19
Winner!
Winner!
Winner!
Winner!
Winner!
Winner!
Winner!
Winner!
Winner!