Costs & Revenue

The various sources from which a business earns money. This can be active or passive income for the business.

• Fixed Costs

• Variable Costs

• Revenue Streams

_____________the businesses income or earnings over a period of time.

• Revenue

• Variable Costs

• Fixed Costs

What is this formula " Price per unit x quantity" ?

• Total Expense

• Total Revenue

• Total Income

These are needed for the general functioning of the business. Also called overhead costs.

• Indirect Cost

• Direct Cost

• Total Revenue

Finance that comes from within a business using its own resources, personal funds, retained profit, & the sale of assets

• External

• Internal

• Revenue

Funds usually provided by a govt., foundation, trust, or other agency to businesses that do not need to be repaid.

• Loans

• Grants

• Leasing

Expenses that change in proportion to business output

• Variable Costs

• Fixed Costs

• Income

______________________ is financial security pledged for repayment of a particular source of finance such as bank loans.

• Capital Expenditure

• Collateral

• Revenue Expenditure

Revenue and profit are the same.

• True

• False

The term ____________ refers to where a business gets its money from.

• Sources of Sales

• Sources of Finance

• Sources of Direct DEposit