Accounting Multiple Choice Question – 1 September 2019

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

The abbreviation ‘VAT’ means . . .

Select ONE answer:

  1. Variable Agricultural Tax.
  2. Value Associated Tax.
  3. Value Added Tax.
  4. None of the above.

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

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

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

The answer is 3

  1. Incorrect
  2. Incorrect
  3. Correct
  4. Incorrect

 

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