Short assessment revenue, cost and profit

Descrição

Short assessment on revenue, cost and profit.
sara colaj
Quiz por sara colaj, atualizado more than 1 year ago
sara colaj
Criado por sara colaj quase 6 anos atrás
15
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Resumo de Recurso

Questão 1

Questão
Income earned by a business over a period of time.https://www.goconqr.com/assets/icons/trash-ellipse.png
Responda
  • Revenue
  • Profit
  • Items
  • Cashflow

Questão 2

Questão
Were do businesses earn most of there income from?
Responda
  • Selling products to customers.
  • Paying employees.

Questão 3

Questão
What is the calculation for revenue (formula)
Responda
  • Revenue= Quantity x Price.
  • Revenue=Fixed cost x Variable cost.
  • Revenue= Quantity / Price.
  • Revenue= Fixed cost / Variable cost.

Questão 4

Questão
Variable costs are costs that will increase as the firm expands.
Responda
  • True
  • False

Questão 5

Questão
Variable costs are costs that will decrease as the firm expands.
Responda
  • True
  • False

Questão 6

Questão
Fixed costs are only fixed over a _____________________ - an expanding firm's fixed costs will go up.
Responda
  • Short period of time.
  • Long period of time.

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