Business - Terms 1

Benefit in kind

Net Pay

Non-Statutory Deductions

Fixed Expenditure

False Economies

Opportunity Cost

Impulse Buying

Guarantee

Ombudsman

Trade Association

Gross Pay

Statutory Deductions

Standing Order

Discretionary Expenditure

Direct debit (DD)

Surplus

Deficit

Breakeven

Opening Cash

What are the 5 requirements regarding goods and services under the Sale of Goods and Supply of services 1980?