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Finance - Costs & Revenue

Business

10th Grade

Used 461+ times

Finance - Costs & Revenue
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13 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is a cost?

Something the company receives

The price of a product

Something the company must pay

Something the company sells

2.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Which 3 of these are costs?

Fixed

Variable

Operating

Revenue

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is an operating cost?

Something a business pays before the company starts

Something the company receives

Something the company pays for their day to day running

Something the company cant afford

4.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Which 2 of these are examples of start up costs for a small supermarket?

Stock

Buy a shop

Pay wages

Pay a recruitment agency to recruit staff

5.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Which 2 of these are examples of operating costs for a transport company?

Buy a Lorry

Diesel

Utilities

Buy a printer

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How are operating costs broken down?

Fixed & Total

Total & Variable

Total & Indirect

Fixed & Variable

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which cost is Fixed?

Sandwiches

Ingredients

Utilities

Stock

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