Break-even Y9 Business

Question 1 of 10

1

What is break-even
(choose all options)

Select one of the following:

The break-even point for a business is where total revenue is the same as total costs.
Break even is when the business is making neither a profit or a loss
Break even is when you have positive cash flow
Break even is when the income and selling price is the same as total costs
Break-even is when your companies cash flow and revenue is the same
Break-even is when your costs and profit is the same

Explanation

Question 2 of 10

1

Contribution is the sum of selling price and variable costs

Select one of the following:

True
False

Explanation

Question 3 of 10

1

The point at which a business goes from loss into profit can be seen on:

Select one or more of the following:

a pie chart
a break-even chart
a bar chart
an organisation chart

Explanation

Question 4 of 10

1

Select from the dropdown list to complete the text.

A fixed cost is one that ( does not change as output changes, does change as output changes, does change as profit changes, does not change as profit changes )

Explanation

Question 5 of 10

1

The difference between the break-even output level and the expected output is the ❌

Select option below to complete the highlighted text

break even revenue

area of loss

total fixed costs

margin of safety

Explanation

Question 6 of 10

1

Select from the dropdown list to complete the text.

Contribution in the break-even analysis is the difference between ( sales and variable costs, fixed costs and variable costs, fixed costs and sales, profit and loss )

Explanation

Question 7 of 10

1

Total costs in break-even analysis are shown by ❌

Select option below to complete the highlighted text

fixed costs plus variable costs

fixed costs plus direct costs

sales less fixed costs

sales less variable costs

Explanation

Question 8 of 10

1

Fill the blank space to complete the text.

the formula for margin of safety=

Explanation

Question 9 of 10

1

	Created by Christina Situ over 5 years ago

Quiz on Break even , created by Christina Situ on 26/02/2019.

Break-even Y9 Business

Question 1 of 10

What is break-even (choose all options)

Select one of the following:

Explanation

Question 2 of 10

Contribution is the sum of selling price and variable costs

Select one of the following:

Explanation

Question 3 of 10

The point at which a business goes from loss into profit can be seen on:

Select one or more of the following:

Explanation

Question 4 of 10

Select from the dropdown list to complete the text.

A fixed cost is one that does not change as output changes does change as output changes does change as profit changes does not change as profit changes( does not change as output changes, does change as output changes, does change as profit changes, does not change as profit changes )

Explanation

Question 5 of 10

The difference between the break-even output level and the expected output is the ❌

Select option below to complete the highlighted text

Explanation

Question 6 of 10

Select from the dropdown list to complete the text.

Contribution in the break-even analysis is the difference between sales and variable costs fixed costs and variable costs fixed costs and sales profit and loss( sales and variable costs, fixed costs and variable costs, fixed costs and sales, profit and loss )

Explanation

Question 7 of 10

Total costs in break-even analysis are shown by ❌

Select option below to complete the highlighted text

Explanation

Question 8 of 10

Fill the blank space to complete the text.

the formula for margin of safety=

Explanation

Question 9 of 10

Click on the orange point and write the correct answer.

What is this?

Explanation

Question 10 of 10

Break-even level of output also means the contribution

Select one of the following:

Explanation

What is break-even
(choose all options)

A fixed cost is one that ( does not change as output changes, does change as output changes, does change as profit changes, does not change as profit changes )

Contribution in the break-even analysis is the difference between ( sales and variable costs, fixed costs and variable costs, fixed costs and sales, profit and loss )