Let's check to see what you have learnt so far in Finance!
Questions and Answers
1.
Building blocks in the construction industry is an example of which type of cost?
A. 
Variable
B. 
Fixed
C. 
Sunk
2.
Profits kept back in the company for reinvestment is called _____________ profit. (1 word)
3.
The opposite of a cash surplus is a cash _ _ _ _ _ _ _ .
A. 
Loss
B. 
Deficit
C. 
Excess
D. 
Bankruptcy
4.
A store sells a box of candy for $18 after buying it for $14.50.If fixed costs per month is $4,560.50, At least how many boxes must be sold for the store to say it is profitable?
5.
The suppliers of goods to a retail store may offer the retailer goods on credit with an arrangement for payment at a later date. This method of financing is called: