Progress Check - Finance

Progress Check - Finance

11th Grade

9 Qs

quiz-placeholder

Similar activities

Winter Marketing Fundamentals

Winter Marketing Fundamentals

9th - 12th Grade

10 Qs

FIVE MAJOR TYPES OF ACCOUNTS

FIVE MAJOR TYPES OF ACCOUNTS

11th - 12th Grade

10 Qs

FM-W2&3

FM-W2&3

1st Grade - University

10 Qs

Customer Service

Customer Service

9th - 12th Grade

10 Qs

Marketing Concepts Quiz

Marketing Concepts Quiz

9th - 12th Grade

12 Qs

Unit 5 - Accounting!

Unit 5 - Accounting!

9th - 12th Grade

11 Qs

Economics-REVISION FOR FIRST TERM

Economics-REVISION FOR FIRST TERM

9th - 11th Grade

10 Qs

Market Equilibrium NCEA Level 1 Revision

Market Equilibrium NCEA Level 1 Revision

11th Grade

10 Qs

Progress Check - Finance

Progress Check - Finance

Assessment

Quiz

Business

11th Grade

Practice Problem

Medium

Created by

Daniel Pratlett

Used 2+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total cost formula?

Total cost / Total revenue

Total cost - Total revenue

Total fixed cost - Total variable cost

Total fixed cost + Total variable cost

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the formula for calculating total revenue in finance for business?

Price + Quantity sold

Price - Quantity sold

Price / Quantity sold

Price x Quantity sold

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason for a business to get external finance or a loan?

To plan for surpluses of cash

To make sure they can pay their expenses

To predict cash outflows

To increase profits

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an advantage of accessing immediate money through a loan?

The money has to be applied for

The loan will incur interest

The money needs to be paid back every month

Repayments would be known in advance

5.

MATH RESPONSE QUESTION

2 mins • 1 pt

Jasmine has a sweet shop, her total costs are £87,927, her total revenue was £134,259. What was her gross profit?

Mathematical Equivalence

OFF

6.

DROPDOWN QUESTION

1 min • 1 pt

An example of a cash inflow is​ (a)  

Selling unused machinery
Buying Promotional Materials
Paying electricity bills
Purchasing stock

7.

REORDER QUESTION

1 min • 1 pt

Order the following in terms of their size

Revenue

Net Profit

Gross Profit

Drawings

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?