REVISION QUESTIONS: FEM 2204
Authored by SHARON BTU
Business
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13 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the formula to calculate the break-even sales volume?
Fixed Costs ÷ Selling Price per Unit
(Selling Price - Variable Cost) ÷ Fixed Costs
Fixed Costs ÷ (Selling Price - Variable Cost)
Selling Price × Units Sold
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Given: Selling Price = RM28, Variable Cost = RM9, Fixed Costs = RM180,000. What is the break-even sales volume?
5,000 units
7,000 units
9,474 units
10,588 units
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
If RM40,000 of fixed costs are reclassified as variable costs, making the new variable cost RM13 per unit, what is the new break-even volume?
12,000 units
15,000 units
17,000 units
18,000 units
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the correct formula for profit margin
Net Profit ÷ Sales Revenue
Fixed Cost ÷ Sales Revenue
Net Profit ÷ Initial Investment
Sales Revenue ÷ Variable Cost
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is ROI (Return on Investment) calculated?
Net Profit ÷ Units Sold
Net Profit ÷ Initial Investment × 100%
Sales Revenue ÷ Fixed Costs
Initial Investment ÷ Net Profit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main purpose of a business plan?
To avoid competition
To entertain clients
To guide business operations and attract investors
To spend more money
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Social entrepreneurship aims to:
Maximize government profit
Solve social issues through entrepreneurial activities
Work in government offices
Avoid public scrutiny
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