BTEC Formula Quiz

BTEC Formula Quiz

4th Grade

30 Qs

quiz-placeholder

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BTEC Formula Quiz

BTEC Formula Quiz

Assessment

Quiz

Business

4th Grade

Medium

Created by

Gaby Lambert

Used 14+ times

FREE Resource

30 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Opening Balance = ? from the period before

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the formula for net Cash Flow

= Total Cash Outflow - Total Cash Inflow

= Opening Balance - Total Cash Outflows

= Total Cash Inflows - Total Cash Outflows

= Closing Balance + Total Cash Outflows

3.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Closing Balance = ? + Opening Balance

4.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Break-Even Point = Fixed Costs  ÷\div  ? 

5.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Contribution Per Unit =

Fixed Costs - Variable Costs

Sales Revenue - Total Variable Costs

Selling Price - Variable Costs Per Unit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Variable costs per unit x quantity =

Total Contribution

Total Variable Costs

Break-Even Point

Total Fixed Costs

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Margin of Safety = ? - Break-Even Level of Input

Net Cash Flow

Fixed Costs

Actual Sales/Projected sales

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