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

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<= 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?
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