Accounting Multiple Choice Question – 14 February 2022

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

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Which of these formulae defines the point at which breakeven output is achieved?

Select ONE answer:

  1. Total Costs = Total Contribution
  2. Total Revenue = Total Price
  3. Total Profit = Total Costs
  4. Total Revenue = Total Costs

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 4

  1. Not correct
  2. Not correct
  3. Not correct
  4. Correct

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