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Card 6

Front

What is a cost within an organisation?

Back

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Card 7

Front

What are the 4 types of organisational cost? (FVDI) (******* VDI)

Back

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Card 8

Front

What is a fixed cost? & Give examples.

Back

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Card 9

Front

What is a variable cost? & Give examples.

Back

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Card 10

Front

Fixed and Variable Costs make up the total costs of the organisation.

Back

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Card 11

Front

What is a Direct Cost?

Back

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Card 12

Front

What is an Indirect Cost?

Back

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Card 13

Front

Summarise the following; Fixed Costs Variable Costs Direct Costs Indirect Costs

Back

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Card 14

Front

Idenitfy 5 costs that are typical for an organisation.

Back

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Card 15

Front

What will a procurement professional typically do when undertaking a captial purhcase?

Back

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