Other questions in this quiz

2. Margin of Safety is what?

  • The difference between the 'break-even point' and the 'current level of output'
  • How safe you can be with your business

3. Give a definition of Closing stock?

  • The stock you have left at the end of the year.
  • The stock you have brought during the year.

4. What is gross profit?

  • The money you have made from selling your goods.
  • the money going up in a business

5. What is Capital?

  • Wealth in money, or property, owned or employed in a business or by an individual.
  • Where your business is placed.
  • Who owns the business


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