BTEC Formula Quiz
Authored by Gaby Lambert
Business
4th Grade
Used 14+ times
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30 questions
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1.
FILL IN THE BLANKS QUESTION
30 sec • 1 pt
Opening Balance = ? from the period before
(a)
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the formula for net Cash Flow
= Total Cash Outflow - Total Cash Inflow
= Opening Balance - Total Cash Outflows
= Total Cash Inflows - Total Cash Outflows
= Closing Balance + Total Cash Outflows
3.
FILL IN THE BLANKS QUESTION
30 sec • 1 pt
Closing Balance = ? + Opening Balance
(a)
4.
FILL IN THE BLANKS QUESTION
30 sec • 1 pt
Break-Even Point = Fixed Costs ?
(a)
5.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Contribution Per Unit =
Fixed Costs - Variable Costs
Sales Revenue - Total Variable Costs
Selling Price - Variable Costs Per Unit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Variable costs per unit x quantity =
Total Contribution
Total Variable Costs
Break-Even Point
Total Fixed Costs
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Margin of Safety = ? - Break-Even Level of Input
Net Cash Flow
Fixed Costs
Actual Sales/Projected sales
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