pass session 9

total sales - total variable costs =

• contribution margin

• fixed costs

• breakeven

• cost volume profit

fixed costs ÷ unit contribution margin =

which of the following is not an indirect cost?

• supervisor salaries

• factory rent

• raw materials

• auditor checks

when preparing the income statement, how do you write the date?

• for the period ending...

• as at...

how is accounts payable classified?

• expense

• asset

• liability

• income

how is interest received classified?

• asset

• other income

• liability

• expense

which area of BSNS115 covered thus far are you feeling the mot confident with?

• financial accounting

• cost accounting

what does BPMN stand for? (info systems)

• business practical model and notation

• background process model and notation

• business process model and notation

• background practical model and notation

what is information?

• raw facts

• contextualised data