Breakeven Analysis

Breakeven Analysis

University

17 Qs

quiz-placeholder

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Breakeven Analysis

Breakeven Analysis

Assessment

Quiz

Other

University

Medium

Created by

PR Policarpio

Used 9+ times

FREE Resource

17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Fixed costs do not change in total when there is a modest change in sales.

TRUE

FALSE

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

An example of a fixed expense would be a 5% sales commission.

TRUE

FALSE

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Maintenance and rent are often fixed expenses.

TRUE

FALSE

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Variable costs change in total as volume changes.

TRUE

FALSE

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

An example of a variable cost is an office manager's monthly salary.

TRUE

FALSE

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A retailer's cost of goods sold is an example of a variable expense

TRUE

FALSE

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Break-even point is the point where revenues equal the total of all expenses including the cost of goods sold.

TRUE

FALSE

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