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Quizz 2 3A2

Total questions: 10

Worksheet time: 10mins

Name
Class
Date
1.

What is the break-even point?

a)

it is when the company's turnover equals total expenses

b)

it is when the company's turnover is less than its total expenses

c)

it is when the company's turnover exceeds its total expenses

2.

What is turnover for a company?

a)

it is the total amount of sales

b)

what remains for the company after expenses have been paid

3.

What is a variable charge?

a)

An expense that is not regular

b)

An expense that varies constantly

c)

An exceptional expense

d)

An expense proportional to turnover

4.

Indicate which of these definitions corresponds to the break-even point:

a)

The number of products sold required to reach the break-even point

b)

The date on which turnover is zero

c)

The date on which the break-even point is reached

5.

An industrial company manufactures and sells a product called “FN.” It incurs a variable cost per unit of 9 dinars and annual fixed costs of 60 000 dinars. Given that the break-even point in terms of quantity is 10 000 units.

Its margin on variable cost per unit will be equal to:

a)

5 dinars

b)

6 dinars

c)

7 dinars

d)

no response

6.

For a company with a break-even point of 150 000 DT, achieved after 5 months,

determine the sales revenue (turnover) achieved.

a)

350 000 D

b)

360 000 D

c)

355 000 D

d)

no response

7.

The company is profitable when:

a)

Turnover = Break-even point

b)

Turnover < Break-even point

c)

Turnover > Break-even point

d)

no response

8.

The consumption of raw materials is considered:

a)

A fixed charge

b)

A variable charge

c)

An exceptional charge

d)

No response

9.

Loan interest must be classified as an expense:

a)

Fixed

b)

Variable

10.

If a company has a variable cost margin of 6 D and incurs a unit variable cost of 9 D, the selling price will be equal to:

a)

14 dinars


b)

15 dinars


c)

16 dinars


d)

No response