finance quiz

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1. Fixed costs

  • Costs which do not vary with the output produced such as rent, business rates, advertising costs, administration costs and salaries.
  • TC = FC + VC Total Costs = Fixed Costs + Variable Costs
  • All the costs of a business; it is equal to fixed costs plus variable costs.
  • The number of items or products or services sold by a business over a period of time.
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2. what is cash flow?

  • victory royale.
  • the flow of cash in a bussiness.
  • the total amount of money being transferred into and out of a business, especially as affecting liquidity.
  • DAB.

3. what is qaulitive data?

  • Data that can be expressed as numbers and can be statistically analysed.
  • Information about opinions, judgements and attitudes.
  • data from sales in a business

4. you tought you did good

  • Yes
  • no
  • yes
  • No

5. what is a Entrepreneur

  • someone who has a bussiness and sells it
  • A person who owns and runs their own business and takes risks.
  • tai lopez

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