Funding/Financial Aspects of a Business
Flashcard
•
Business
•
10th - 11th Grade
•
Hard
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26 questions
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1.
FLASHCARD QUESTION
Front
The things a business has to pay for in order to start-up and operate on a daily basis.
Back
Costs
2.
FLASHCARD QUESTION
Front
Costs that do not change depending on output
Back
Fixed costs
3.
FLASHCARD QUESTION
Front
These are the costs that change based on output.
Back
Variable costs
4.
FLASHCARD QUESTION
Front
Rent is...
Back
fixed cost
5.
FLASHCARD QUESTION
Front
Groceries for a restaurant are...
Back
variable cost
6.
FLASHCARD QUESTION
Front
Insurance is...
Back
fixed cost
7.
FLASHCARD QUESTION
Front
Salaries are...
Back
fixed cost
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