Costs and Revenue
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Costs and Revenue
Quiz
•
Business
•
10th - 11th Grade
•
Medium
Roxana Popa
Used 384+ times
FREE Resource
17 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This is the term given to how many products/services a business produces.
Output
Cost
Fixed Cost
Variable cost
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The things a business has to pay for in order to start-up and operate on a daily basis.
Output
Costs
Profit
Revenue
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Costs that do not change depending on output
Variable costs
Fixed costs
Total costs
Output
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
These are the costs that change based on output.
Fixed costs
Variable costs
Output
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Rent is...
variable cost
fixed cost
total cost
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Advertising is...
output
fixed cost
variable cost
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Raw materials are...
fixed cost
variable cost
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