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Business Costs

Authored by Мария Иванова

English

University

Used 23+ times

Business Costs
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Families and companies can use reserves or … to survive temporary difficulties.

products

assets

goods

salaries

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

During the crisis, many of the companies that they had invested in went … .

partners

competing

bankrupt

abroad

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Most family payments, like the house, energy bills and telephone bills are … .

fixed

variable

total

marginal

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

... is a point in a business venture when the profits are equal to the costs.

5.

MATCH QUESTION

1 min • 1 pt

Match the synonyms.

reserve

variable costs

COGS

profit

revenue

fixed costs

operating expenses

resource

overtime

extra hours

6.

REORDER QUESTION

1 min • 1 pt

Reorder the following.

Cost of goods sold

is the total of all costs

used to create

which has been sold.

a product or service

7.

DROPDOWN QUESTION

1 min • 1 pt

​ (a)   include expenses that remain constant for a period of time irrespective of the level of outputs, while ​ (b)   are expenses that change directly and proportionally to the changes in business activity.

Fixed costs
Variable costs

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