BTEC Component 3

BTEC Component 3

10th - 11th Grade

26 Qs

quiz-placeholder

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BTEC Component 3

BTEC Component 3

Assessment

Quiz

Business

10th - 11th Grade

Practice Problem

Hard

Created by

Conor Sutton

Used 260+ times

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26 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sales revenue is a ???

Opening balance

Cash outflow

Net cash flow

Cash inflow

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Paying a salary to employees = ???

Cash outflow

Net cash flow

Cash inflow

Closing balance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where do you get your opening balance from ??

The cash inflow from the previous month

The net cash flow from the previous month

The closing balance from the next month

The closing balance from the previous month

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one if not a type of market segmentation?

Demographic

Psychographic

Geographical

Public Relations

Behavioural

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Gross profit = ???

Sales revenue x cost of sales

Sales revenue - cost of sales

Sales revenue + cost of sales

Sales revenue / cost of sales

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the break even formula???

Fixed costs + (selling price per unit - variable costs per unit)

Fixed costs x (selling price per unit - variable costs per unit)

Fixed costs / (selling price per unit + variable costs per unit)

Fixed costs / (selling price per unit - variable costs per unit)

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Things that an enterprise owns for more than 1 year = ???

Long term liabilities

Current assets

Current liabilities

Fixed assets

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