6th semester 1st evaluation

Select an example of "Fixed costs" in a company

• Administration

• Advertising

• The house

• Buying a TV

Select an example of "Variable costs" in a company

• Administration

• Advertising

• The house

• Buying a TV

Select an example of "Fixed costs" in a house

• Administration

• Advertising

• The house

• Buying a TV

Select an example of "Variable costs" in a house

• Administration

• Advertising

• The house

• Buying a TV

"Savings" is an example of reserves

• True

• False

"Office" is an example of reserves.

• True

• False

The sum of all direct costs associated with making a product...

• Cost of goods sold

• Gross margin

• Operating expenses

• Profit margin

Measures a company's gross profit compared to its revenues as a percentage...

• Cost of goods sold

• Gross margin

• Operating expenses

• Profit margin

The costs that a business incurs through its normal business operations...

• Cost of goods sold

• Gross margin

• Operating expenses

• Profit margin

The difference between the selling price of a product and the cost of producing and marketing it...

• Cost of goods sold

• Gross margin

• Operating expenses

• Profit margin