Quick fire Finance
Authored by Claire Birkenshaw
Business
10th Grade
Used 1+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the total cost formula?
Total cost / Total revenue
Total cost - Total revenue
Total fixed cost - Total variable cost
Total fixed cost + Total variable cost
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the formula for calculating total revenue in finance for business?
Price + Quantity sold
Price - Quantity sold
Price / Quantity sold
Price x Quantity sold
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an advantage of accessing immediate money through a loan?
The money has to be applied for
The loan will incur interest
The money needs to be paid back every month
Repayments would be known in advance
4.
DROPDOWN QUESTION
1 min • 1 pt
An example of a cash inflow is (a)
5.
CATEGORIZE QUESTION
3 mins • 2 pts
Organise these costs into the right categories
Groups:
(a) Fixed Cost
,
(b) Variable Cost
Hourly Wage
Rent
Packaging
Buying Premises
Utility Bills
Purchasing Equipment
Marketing
Fuel
Salaries
Insurance
Stock
6.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
Money in from sales of goods and services is known as (a)
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is net profit calculated in business finance?
Total revenue / Total expenses
Total revenue x Total expenses
Total revenue + Total expenses
Total revenue - Total expenses
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Microsoft
or continue with
%20(1).png)
Apple
Others
Already have an account?
