Budgeting Quiz 2 - <= Budgeting Quiz 2 Quiz Show...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Budgeting Quiz 2 Quiz Show questions one by one 1. Which of the following is NOT correct? A. ? Superannuation is an accumulation of funds paid by the employer and sometimes the employee to provide for the employee in their retirement. B. ? Superannuation is a cost of the employee only, however the employer deducts the cost from the employees salary and remits it to the superannuation fund. C. ? Superannuation is an extra cost of employment and must be added to the gross salary to obtain the full cost of employment. D. ? Superannuation is a cost of the employer, butemployees cannot contribute out of their pay as well. 2. Which of the following is NOT an example of an overhead expense in a retail business? A. ? Newspaper advertising costs B. ? The purchase cost of goods sold C. ? The leasing cost of the shop D. ? Public liability insurance for the shop 3. Which of the following would most likely NOT be classified as Variable Costs if you were staging a sporting event? A.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 3

Budgeting Quiz 2 - <= Budgeting Quiz 2 Quiz Show...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online