If revenue is higher than total costs, what financial result does the business make?
It makes a profit.
It makes a break-even result.
It makes a loss.
It makes a cash-flow surplus.
Flashcards for Edexcel GCSE Business Costs, revenue, break even, margin of safety and interest formulae, covering the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2. 24 cards, matched to the Edexcel GCSE Business (1BS0) specification. Recall questions account for roughly 35% of marks at GCSE Business, so these target the marks you can secure before the paper starts.