Quiz - Revenue & Cost Planning - Futures First Academy

1. What is revenue?

The profit your business makes after expenses

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All the money your business earns before expenses

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The money left over after paying fixed costs

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Only money from product sales

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2. Which of the following is an example of a fixed cost?

Rent

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Coffee beans

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Sales commission

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Packaging

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3. Variable costs change depending on…

The season of the year

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How much you sell

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The location of your business

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Your marketing budget

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4. Fill in the blank: Having multiple revenue streams creates __________ for your business.

More stability

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Higher expenses

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Greater confusion

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Increased risk

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5. Why is it important to understand revenue and costs?

This response will be awarded full points automatically, but it can be reviewed and adjusted after submission.

Quiz – Revenue & Cost Planning

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