Money Out

Each week you purchase a box of mangoes. What type of cost is this?

• Operational

• Administrative

What would you consider the purchase of Almond milk from Price Mart to be?

• Administrative

• Operational

How would you treat the cost of tumeric that you picked from a neighbour 's kitchen garden?

• Administrative

• Operational

What is the monthly cost of your blender considered to be?

• Operational

• Administrative

If you pay two percent of your sales as rent to the Landlord. What would the cost of the rent be considered?

• Administrative

• Operational

You have hired a student part-time to prepare the fruits and vegetables. What type of cost is this?

• Operational

• Administrative

How would you classify the accounting fees?

• Operational

• Administrative

How would you classify VAT?

• Administrative

• Operational

How would you classify your house rent if you operate from home?

• Operational

• Administrative

What would you do to reduce your administrative costs during a shut-down?

• Nothing. I have no choice but to keep these costs.

• Operate from home if possible

• Take my business online if possible

• Stop operating during the shut-down.