Other questions in this quiz

2. The business sell books for £12 each. They cost £5 to make. The fixed costs are £735. Calulate the break even

  • £795
  • £105
  • 105 books
  • 795 books

3. Explain what a cash deficit is

  • When the money going out equals the money coming in
  • When there is more money going out than coming in
  • When there is more money going out than coming in

4. Which of the following best describes the margin of safety?

  • Revenue plus expenditure
  • Actual sales plus break even units
  • Actual sales minus break even units
  • Revenue equals expenditure

5. Define Variable cost

  • A cost which stays the same every month
  • A cost which changes directly with output
  • A cost which the business pays to set up the business

Comments

emily_jade

It does not actually give you your score or answers!!

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