AQA Business Year 1

Google wants to ‘organise the world’s information and make it accessible & useful.’ This is a

• form
• mission
• venture
• objective

‘Revenue’ or ‘sales’ is also known as:

• capitalisation
• volume
• turnover
• profit

Dream Cakes is a business that makes and sells wedding cakes and birthday cakes.

• £65,995
• £659,950
• £108,700
• £480,625

Profit is calculated by:

• deducting both fixed and variable costs from revenue
• adding variable costs to sales
• adding total costs to turnover
• deducting fixed costs from total costs

Business costs that do not change when the quantity of output changes are known as

• fixed costs
• variable costs
• head costs
• total costs

What is the variable cost per delivery?

• £72.37
• £30.53
• £35.37
• £36.00

What is the average weekly revenue?

• £1,995
• £13,200
• £3,465
• £3,975

How much are the fixed costs?

• £110,000
• £173,333
• £86,000
• £193,333

Which of the following is not a ‘public sector organisation’?

• Job Centre Plus
• HM Revenue & Customs
• UK Border Agency
• British Gas

See image

• limited
• non profit
• public sector
• private sector