Break-even Y9 Business

Descrição

Quiz on Break even , created by Christina Situ on 26/02/2019.
Christina Situ
Quiz por Christina Situ, atualizado more than 1 year ago
Christina Situ
Criado por Christina Situ mais de 5 anos atrás
68
1

Resumo de Recurso

Questão 1

Questão
What is break-even (choose all options)
Responda
  • 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

Questão 2

Questão
Contribution is the sum of selling price and variable costs
Responda
  • True
  • False

Questão 3

Questão
The point at which a business goes from loss into profit can be seen on:
Responda
  • a pie chart
  • a break-even chart
  • a bar chart
  • an organisation chart

Questão 4

Questão
A fixed cost is one that [blank_start]does not change as output changes[blank_end]
Responda
  • does not change as output changes
  • does change as output changes
  • does change as profit changes
  • does not change as profit changes

Questão 5

Questão
The difference between the break-even output level and the expected output is the [blank_start]break even revenue[blank_end]
Responda
  • break even revenue
  • area of loss
  • total fixed costs
  • margin of safety

Questão 6

Questão
Contribution in the break-even analysis is the difference between [blank_start]sales and variable costs[blank_end]
Responda
  • sales and variable costs
  • fixed costs and variable costs
  • fixed costs and sales
  • profit and loss

Questão 7

Questão
Total costs in break-even analysis are shown by [blank_start]fixed costs plus variable costs[blank_end]
Responda
  • fixed costs plus variable costs
  • fixed costs plus direct costs
  • sales less fixed costs
  • sales less variable costs

Questão 8

Questão
the formula for margin of safety= [blank_start]actual sales- break even[blank_end]
Responda
  • actual sales- break even

Questão 9

Questão
What is this?
Responda
  • Break even point

Questão 10

Questão
Break-even level of output also means the contribution
Responda
  • True
  • False

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