Month: June 2018

Business Studies Multiple Choice Question – 10 June 2018

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Which ONE of the following are examples of resources organised by an entrepreneur?

Select ONE answer only:

  1. People
  2. Competitors
  3. Weather
  4. Taxation
  5. Non-tariff barriers

Give one example of a non-financial objective

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This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 1 – This is a resource that can be organised by an entrepreneur, the rest are not capable of being organised in this way.

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Business Studies Multiple Choice Question – 9 June 2018

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Which ONE of the following are possible rewards for business activity?

Select ONE answer only:

  1. Lack of security
  2. Financial loss
  3. Fear of failure
  4. Independence
  5. Working 24/7

State ONE possible method a business could use to differentiate its product?

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 4 – This is a reward, the rest are not rewards but possible “penalties” of engaging in business activity.

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Business Studies Multiple Choice Question – 8 June 2018

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Which ONE of the following are possible rewards for business activity?

Select ONE answer only:

  1. Lack of security
  2. Financial loss
  3. Fear of failure
  4. Working 24/7
  5. Profit

Explain ONE reason why a business may choose to segment its market?

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 5 – This is a reward, the rest are not rewards but possible “penalties” of engaging in business activity.

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Business Studies Multiple Choice Question – 7 June 2018

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Which ONE of the following are possible rewards for business activity?

Select ONE answer only:

  1. Business success
  2. Lack of security
  3. Financial loss
  4. Fear of failure
  5. Working 24/7

Define the term market segment?

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 1 – This is a reward, the rest are not rewards but possible “penalties” of engaging in business activity.

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This work is licensed under a Creative Commons Attribution 4.0 International License.

Accounting Multiple Choice Question – 6 June 2018

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Wood Dragon Ltd has provided a list of its assets and liabilities as at 31 December 2017 as follows:

  • Long-Term Assets £1.8M
  • Inventory £1.7M
  • Accounts Receivables £1.5M
  • Bank Account £1.4M
  • Cash £0.1M
  • Accounts Payable £1.9M
  • Long-term Bank Loan £4M
  • Reserves  £0.5M
  • Share Capital £1.0M
  • Revenue  £20.8M
  • Cost-of-Sales  £17.0M
  • Net Profit Margin  £1.5M
  • Purchases  £10.1M

What is Wood Dragon’s Capital Gearing percentage ratio?

Select ONE answer:

  1. 10.00
  2. 26.32
  3. 68.66
  4. 36.5
  5. 72.72

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Accounting KS5 classes.

The answer is 5 – £4M / (£4M + £0.5M + £1.0M) * 100 = 72.72%

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