Other questions in this quiz

2. What is an example of revenue

  • Advertising for shop
  • Rent or Interest
  • Staff wages

3. What is expenditure

  • Money the business pays out.
  • Money that comes into the business
  • Sales of goods

4. What is variable costs

  • Costs that change depending on the number of products made or sold.
  • Costs that stay the same no matter how much products the business makes or sells.

5. Define the term breakeven

  • Breakeven is when revenue and expenditure costs are the same
  • Breakeven is when total and expenditure costs are the different
  • Breakeven is when revenue and expenditure costs are the different
  • Breakeven is when revenue and profit costs are the same

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