Funding/Financial Aspects of a Business

Funding/Financial Aspects of a Business

Assessment

Flashcard

Business

10th - 11th Grade

Hard

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26 questions

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1.

FLASHCARD QUESTION

Front

The things a business has to pay for in order to start-up and operate on a daily basis.

Back

Costs

2.

FLASHCARD QUESTION

Front

Costs that do not change depending on output

Back

Fixed costs

3.

FLASHCARD QUESTION

Front

These are the costs that change based on output.

Back

Variable costs

4.

FLASHCARD QUESTION

Front

Rent is...

Back

fixed cost

5.

FLASHCARD QUESTION

Front

Groceries for a restaurant are...

Back

variable cost

6.

FLASHCARD QUESTION

Front

Insurance is...

Back

fixed cost

7.

FLASHCARD QUESTION

Front

Salaries are...

Back

fixed cost

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