WorksheetsEntrepreneurship II: Objective 2.01 Vocabulary Test
Total questions: 10
Worksheet time: 5mins
Expenses an organization incurs that are not directly tied to a specific function such as manufacturing, production or sales.
Administrative Costs
Sales and Marketing Costs
Technology Costs
Cost of Production
Advantages or payments employees receive in addition to their wages (e.g., sick time, holiday pay, health insurance).
Start-Up Costs
Benefits
Sales and Marketing Costs
Administrative Costs
The total amount of money spent on costs of materials, labor, taxes, etc., to manufacture economic goods and services.
Cost of Production
Technology Costs
Start-Up Costs
Administrative Costs
The amount of money a business has paid for the product (good or service) it has sold.
Start-Up Costs
Professional Fees
Cost of Sales
Cost of Production
The expenses involved with manufacturing, promoting, and distributing a product.
Costs
Administrative Costs
Sales and Marketing Costs
Start-Up Costs
Prices charged by individuals specially trained in specific fields of arts and sciences, such as doctors, architects, lawyers, and accountants.
Technology Costs
Administrative Costs
Start-Up Costs
Professional Fees
All reasonable costs and expenses (including labor) that are attributable to the distribution, sale, promotion and marketing of a Product (including all pre-launch activities), calculated on a fully burdened basis, including Allocable Overhead attributable thereto.
Administrative Costs
Cost of Sales
Sales and Marketing Costs
Cost of Production
All of the expenses involved in setting up a new business or introducing a new product to the market.
Cost of Sales
Administrative Costs
Start-Up Costs
Cost of Production
Expenses associated with acquisition or development, implementation, deployment, and maintenance of technology assets, including depreciation of R&D equipment and amortization of know how.
Professional Fees
Sales and Marketing Costs
Administrative Costs
Technology Costs
Money payments for labor on an hourly, daily, or weekly basis.
Benefits
Administrative Costs
Wages
Professional Fees
