Financial Terms, Statements and Calculations Quiz

Financial Terms, Statements and Calculations Quiz

9th - 11th Grade

33 Qs

quiz-placeholder

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Financial Terms, Statements and Calculations Quiz

Financial Terms, Statements and Calculations Quiz

Assessment

Quiz

Computers

9th - 11th Grade

Practice Problem

Medium

CCSS
HSF-LE.A.1B, 8.EE.C.7B, 6.NS.C.7C

+1

Standards-aligned

Created by

Mr Massett

Used 19+ times

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33 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Is the income from selling products.

Revenue

Price

Sales

Costs

Tags

CCSS.HSF-LE.A.1B

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Amount a business asks a customer to pay for a single product.

Revenue

Price

Sales

Costs

Tags

CCSS.HSF-LE.A.1B

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Number of products sold by a business over a period of time.

Revenue

Price

Sales

Costs

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

spending that is necessary to set up and/or run a business.

Revenue

Price

Sales

Costs

Tags

CCSS.8.EE.C.7B

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Costs that vary depending on a businesses output.

Variable Costs

Fixed Costs

Total Costs

Expansive Costs

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Costs that do not change when a business changes it output.

Variable Costs

Fixed Costs

Total Costs

Expansive Costs

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Fixed + Variable Costs =

Total Revenue

Total Profit/Loss

Total Costs

Net Costs

Tags

CCSS.HSF-LE.A.1B

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