1. This is promoting the finished products through the internet, email, and social networking sites.
a. Product Display b. Print Media c. Internet Marketing d. Advertising
2. Finished products can be marketed in print advertisements such as newspaper, magazines, brochure, flyers.
a. Product Display b. Print Media c. Internet Marketing d. Advertising
3. Finished products can be displayed and sold in exhibit, market, bazaar.
a. Product Display b. Print Media c. Internet Marketing d. Advertising
4. Is the amount earned from the sales of products and/or services after operating costs and expenses have been deducted.
a. Sales b. Expenses c. Materials d. Profit 5. Is the amount of money received from the customer in exchange for the product and/or service provided and sold.
a. Expenses b. Profit c. Sales d. Markup 6. Include the amount spent to produce the product or undertake the service
a. Expenses b. Sales c. Markup d. Profit 7. What is the formula for computing profit?
a. Cost of Expenses x Markup b. Cost of Expenses + Markup price c. Selling Price x Number of Items Sold d. Total Sales-Total Cost of Expenses 8. What is the formula to determine the markup price?
a. Total Sales-Total Cost of Expenses b. Cost of Expenses x Markup c. Selling Price x Number of Items Sold d. Cost of Expenses + Markup pprice
8. What is the formula to determine the markup price?
a. Total Sales-Total Cost of Expenses b. Cost of Expenses x Markup c. Selling Price x Number of Items Sold d. Cost of Expenses + Markup price
9. What is the formula to determine the selling price?
a. Total Sales-Total Cost of Expenses b. Cost of Expenses + Markup price c. Selling Price x Number of Items Sold d. Cost of Expenses x Markup 10. What is the formula to determine the total cost of expenses?
a. Cost of Expenses x Number of Items Sold b. Selling Price x Number of Items Sold c. Total Sales-Total Cost of Expenses d. Cost of Expenses x Markup
