16767425
Beschreibung
Quiz von Carina Storm, aktualisiert more than 1 year ago
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Erstellt von Carina Storm
vor mehr als 5 Jahre
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Frage 1
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TRUE or FALSE: The break-even point for a business is where total revenue is the same as total costs. At this point the business is making neither a profit or a loss.
Antworten
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TRUE
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FALSE
Frage 2
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The normal method used to calculate the break-even point is:
Break-even = total fixed costs / ___________
Antworten
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unit contribution (the difference between selling price and variable costs)
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variable cost
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fixed cost
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revenue
Frage 3
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TRUE or FALSE: Variable costs do not always change in proportion to output (e.g. bulk-buying discounts, or overtime paid to manufacturing employees)
Antworten
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TRUE
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FALSE
Frage 4
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Break-even analysis is difficult to use if the business makes .......
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The same product
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Makes more than one product
Frage 5
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The point at which a business goes from loss into profit can be seen on:
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a pie chart
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a break-even chart
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a bar chart
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an organization chart
Frage 6
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A fixed cost is one that:
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does change as output changes
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does not change as output changes
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does change as profit changes
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does not change as profit changes
Frage 7
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Contribution in break-even analysis is the difference between:
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fixed costs and variable costs
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fixed costs and sales
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sales and variable costs
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profit and loss
Frage 8
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The difference between the break-even output level and the expected output is the:
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margin of safety
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area of loss
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total fixed costs
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break-even revenue
Frage 9
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Total costs in break-even analysis are shown by:
Antworten
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fixed costs plus direct costs
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fixed costs plus variable costs
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sales less fixed costs
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sales less variable costs
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