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16789026
Short assessment revenue, cost and profit
Descrição
Short assessment on revenue, cost and profit.
Sem etiquetas
business studies
gcse
Quiz por
sara colaj
, atualizado more than 1 year ago
Mais
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Criado por
sara colaj
quase 6 anos atrás
15
0
0
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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