Business 2: Operations, finance and influences on business
Authored by Arron Smith
Business
11th Grade
Used 74+ times
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100 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Calculate the revenue:
A business sells 420 products.
Selling price: £5
£420
£2,100
£5
£1,550
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Calculate the revenue:
A business sells 800 products.
Selling price: £50
£4,000
£40,000
£50
£750
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Calculate the revenue:
A business sells 250 products.
Selling price: £1.75
£437.50
£250
£453.75
£251.75
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Rent is an example of a:
Fixed cost
Variable cost
Insurance payment
Gross profit
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Stock is an example of a:
Fixed cost
Variable cost
Premium cost
Non-essential cost
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Utility bills are an example of a:
Fixed cost
Variable cost
Premium cost
Unavoidable payment
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Quantity sold x variable cost per unit =
Total variable cost
Revenue
Profit
Total cost
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