
Operating Costs Quiz
Quiz
•
Computers
•
11th Grade
•
Practice Problem
•
Medium
Kaylan Dudley
Used 1+ times
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18 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is another name for operating costs?
Overhead
Capital expenditures
Fixed expenses
Variable expenses
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a true statement regarding operating costs?
They are fixed expenses.
They are not directly related to production.
They occur once or twice a year.
Only some businesses have them.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Operating costs are the opposite of
utilities.
variable expenses.
fixed expenses.
capital expenditures.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Operating costs that do not increase or decrease with changes in production are called ________ expenses.
mixed
semi-variable
variable
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business’s rent or mortgage is a ________ expense.
variable
semi-variable
mixed
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Operating costs that fluctuate with changes in production are called ________ expenses.
semi-variable
fixed
mixed
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sales commissions are a ________ expense.
one-time
capital
fixed
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