Louise Crooks
Quiz by , created more than 1 year ago

Final quiz for BTEC

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Louise Crooks
Created by Louise Crooks almost 10 years ago
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Revenue Quiz

Revenue Quiz

Question 1 of 3

1

The fixed costs of a convenience store would NOT include

Select one or more of the following:

  • Council tax on the store

  • Payments for stocks of fruit and vegetables

  • Lighting and heating costs

  • Wages of the shop staff

Explanation

Question 2 of 3

1

Property items rent and rates are typically considered to be fixed costs. True or False?

Select one of the following:

  • True
  • False

Explanation

Question 3 of 3

1

The revenue a firm earns in a period depends on...

Select one of the following:

  • Quantity sold only

  • Selling price and cost

  • Selling price and quantity sold

  • Selling price only

Explanation

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