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ENT 1 2.10 Objective Quiz

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ENT 1 2.10 Objective Quiz
Chad Collins
Quiz by Chad Collins, updated more than 1 year ago
Chad Collins
Created by Chad Collins almost 8 years ago
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Resource summary

Question 1

Question
Variable expenses increase in direct proportion to the rate of which factor?
Answer
  • Competition
  • Production
  • Automation
  • Motivation

Question 2

Question
The costs of operating a business are often called which expenses?
Answer
  • Fixed
  • Overhead
  • Variable
  • Markdown

Question 3

Question
In order for a business to generate a profit, its operating costs must be identified as which status to the gross margin?
Answer
  • Equal to
  • Greater than
  • Less than
  • Identical to
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