Break-even Recap

Break-even Recap

6th - 11th Grade

21 Qs

quiz-placeholder

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Break-even Recap

Break-even Recap

Assessment

Quiz

Other

6th - 11th Grade

Medium

Created by

Laura Vaughan

Used 44+ times

FREE Resource

21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Revenue is...

the income earned by a business over a period of time

the income minus expenses

the Gross Profit made

the Net Profit made

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Revenue =

Price - Quantity Sold

Price X Quantity Sold

Price / Quantity Sold

Profit - Expenses

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

the total revenue raised by selling 20 items priced £10 each is...

£200

£20

£30

£220

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Costs are

All expenses involved in making a product.

what the products cost to buy

the expenses

the cost of sales

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Costs that stay the same, no matter how much produced are...

Fixed Costs

Variable Costs

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Costs that change with the amount produced...

Fixed Costs

Variable Costs

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Long term Loan repayment

Fixed Cost

Variable Cost

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