Costs and Revenue

Costs and Revenue

10th - 11th Grade

17 Qs

quiz-placeholder

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Costs and Revenue

Costs and Revenue

Assessment

Quiz

Business

10th - 11th Grade

Medium

Created by

Roxana Popa

Used 387+ times

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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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