1. What is the business condition when the Total Revenue (TR) is greater than
Total Cost (TC)?
There is a business loss
b. There is a profit
There is no gain and no loss
C.
2. In a laundry shop, when do you give a discount of 10%
5 to 12 kilos of laundry
b. 10 to 13 kilos of laundry
13 kilos of laundry and above
C.
3. It refers to the value set for rendering a service or product for sale or the
amount paid for commodities,
a. cost
b. price
c. profit
4. How much is the price of a bottle of perfume when the cost is P250.00 with
38% Target Profit in Percent (TPP).
a. P299.00
b. P345.00
c. P380.00
5. A method of setting a price according to the values of the products or
services offered to the clients that usually increases when there are evident
results.
a. cost-plus-pricing method
b. return on investment pricing
c. value-based pricing
6. This describes a method of setting up price to target profit from
specific product or service.
a. cost-plus-pricing method
b. return on investment pricing
c. value-based pricing​