Quiz
Break-even Y9 Business
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Questions in this quiz (10)
1What is break-even
(choose all options)- AThe break-even point for a business is where total revenue is the same as total costs.
- BBreak even is when the business is making neither a profit or a loss
- CBreak even is when you have positive cash flow
- DBreak even is when the income and selling price is the same as total costs
- EBreak-even is when your companies cash flow and revenue is the same
- FBreak-even is when your costs and profit is the same
2Contribution is the sum of selling price and variable costs
- ATrue
- BFalse
3The point at which a business goes from loss into profit can be seen on:
- Aa pie chart
- Ba break-even chart
- Ca bar chart
- Dan organisation chart
4A fixed cost is one that [blank_start]does not change as output changes[blank_end]
- Adoes not change as output changes
- Bdoes change as output changes
- Cdoes change as profit changes
- Ddoes not change as profit changes
5The difference between the break-even output level and the expected output is the [blank_start]break even revenue[blank_end]
- Abreak even revenue
- Barea of loss
- Ctotal fixed costs
- Dmargin of safety
6Contribution in the break-even analysis is the difference between [blank_start]sales and variable costs[blank_end]
- Asales and variable costs
- Bfixed costs and variable costs
- Cfixed costs and sales
- Dprofit and loss
7Total costs in break-even analysis are shown by [blank_start]fixed costs plus variable costs[blank_end]
- Afixed costs plus variable costs
- Bfixed costs plus direct costs
- Csales less fixed costs
- Dsales less variable costs
8the formula for margin of safety= [blank_start]actual sales- break even[blank_end]
- Aactual sales- break even
9What is this?
- ABreak even point
10Break-even level of output also means the contribution
- ATrue
- BFalse
Information
- Description
- Quiz on Break even , created by Christina Situ on 26/02/2019.
- Author
- Christina Situ
- Language
- English
- Views
- 497
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- Rating
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