Practice tests · Chapter 3

Test on Chapter 3.4, Part 3

A 10-question test on chapter 3.4 “Welche Fragen das Rechnungswesen beantwortet” (pp. 68–70) of the book “Wirtschaft verstehen”, part 3 of 3.

What the test includes
The cash flow statement (operating, financing and investing activities), profit versus liquidity, cost accounting, entrepreneur’s wage and opportunity costs, fixed and variable costs, contribution margin and contribution ratio, calculating break-even turnover using the book’s example. Questions with numbers can be solved with the formulas from the book. Book theory only – no math and no German reading text.

The questions are based on the official book “Wirtschaft verstehen”. The scoring structure is exactly the same as in the exam.

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