Revenue Quiz

Louise Crooks
Quiz by Louise Crooks, updated more than 1 year ago
Louise Crooks
Created by Louise Crooks almost 7 years ago
11
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Description

Final quiz for BTEC

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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