GoGreen - VET Green Curriculum using Augmented Reality Technology

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Post-Quiz B This final questionnaire consists of 10 multiple-choice questions about the topic “Basic Economics and Finance”. Please circle ONLY ONE as the right answer to each question, UNLESS otherwise stated Q1. Which of the following affirmations are true? (Choose ALL the correct answers) A. Net profit is the gross profit minus all other expenses – CORRECT B. Net profit is the same as the cash flow C. Net profit is the revenue minus the direct costs D. Net profit is the revenue minus the costs of goods sold and all other expenses – CORRECT

Q2. The bank debt is A. An ASSET B. A LIABILITY – CORRECT C. A COST D. None of the above

Q3. With no other variable changed, if we decrease the energy consumption of a company: (Choose ALL the correct answers) A. The Net operating profit will be higher – CORRECT B. The Net operating profit will be lower C. The turnover will increase D. The taxes on profit will increase – CORRECT

Q4. Which of the following are usually considered fixed costs? (Choose ALL the correct answers) A. Internet costs – CORRECT B. Taxes C. Logistics D. Office rental – CORRECT

Q5. If you invest 100€ in something and after 2 years you get 130€ back, the simple ROI (Return of investment) for a 2-year period would be? A. 15% B. 30% – CORRECT 47


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