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17018188
Break-even Y9 Business
Descripción
Quiz on Break even , created by Christina Situ on 26/02/2019.
Sin etiquetas
gcse
gsce
business studies
business
m
marketing
year 9 gsce
year 9
year 9 business
yr 9
yr 9 business
yr 9 gcse
exam
business studies
gcse
Test por
Christina Situ
, actualizado hace más de 1 año
Más
Menos
Creado por
Christina Situ
hace más de 5 años
68
1
0
Resumen del Recurso
Pregunta 1
Pregunta
What is break-even (choose all options)
Respuesta
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
Pregunta 2
Pregunta
Contribution is the sum of selling price and variable costs
Respuesta
True
False
Pregunta 3
Pregunta
The point at which a business goes from loss into profit can be seen on:
Respuesta
a pie chart
a break-even chart
a bar chart
an organisation chart
Pregunta 4
Pregunta
A fixed cost is one that [blank_start]does not change as output changes[blank_end]
Respuesta
does not change as output changes
does change as output changes
does change as profit changes
does not change as profit changes
Pregunta 5
Pregunta
The difference between the break-even output level and the expected output is the [blank_start]break even revenue[blank_end]
Respuesta
break even revenue
area of loss
total fixed costs
margin of safety
Pregunta 6
Pregunta
Contribution in the break-even analysis is the difference between [blank_start]sales and variable costs[blank_end]
Respuesta
sales and variable costs
fixed costs and variable costs
fixed costs and sales
profit and loss
Pregunta 7
Pregunta
Total costs in break-even analysis are shown by [blank_start]fixed costs plus variable costs[blank_end]
Respuesta
fixed costs plus variable costs
fixed costs plus direct costs
sales less fixed costs
sales less variable costs
Pregunta 8
Pregunta
the formula for margin of safety= [blank_start]actual sales- break even[blank_end]
Respuesta
actual sales- break even
Pregunta 9
Pregunta
What is this?
Image:
Break+Even (binary/octet-stream)
Respuesta
Break even point
Pregunta 10
Pregunta
Break-even level of output also means the contribution
Respuesta
True
False
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