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1916671
Revenue Quiz
Description
Final quiz for BTEC
No tags specified
start up
running
fixed
2
Quiz by
Louise Crooks
, updated more than 1 year ago
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Created by
Louise Crooks
over 9 years ago
13
0
0
Resource summary
Question 1
Question
The fixed costs of a convenience store would NOT include
Answer
Council tax on the store
Payments for stocks of fruit and vegetables
Lighting and heating costs
Wages of the shop staff
Question 2
Question
Property items rent and rates are typically considered to be fixed costs. True or False?
Answer
True
False
Question 3
Question
The revenue a firm earns in a period depends on...
Answer
Quantity sold only
Selling price and cost
Selling price and quantity sold
Selling price only
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