Month: September 2019

Business Studies Multiple Choice Question – 26 September 2019

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

Which ONE of the following factors would be important for a sole trader when starting up a hairdressing business?

 

Select ONE answer:

  1. Ability to raise share capital
  2. How to finance the business
  3. Able to produce products cheaply
  4. The exchange rate

 

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

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

This multiple choice question is suitable for Business Studies KS4 & KS3 classes

The answer is 2 – the other answers would concern or be important for a sole trading hairdressing start-up

 

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Business Studies Multiple Choice Question – 25 September 2019

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

These are the monthly cash flow figures for a business.

– Opening balance £555 000 Cash inflow £784 000 Cash outflow £872 000

What is the closing balance for the business at the end of the month?

 

Select ONE answer:

  1. -£88,000
  2. £229,000
  3. £467,000
  4. £1,339,000

 

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

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

This multiple choice question is suitable for Business Studies KS4 & KS3 classes

The answer is 3 – Opening £555k + £784k inflow = £1,339k then minus cash outflow of £872k finally equals closing balance of -£33k.

 

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

Business Studies Multiple Choice Question – 24 September 2019

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

These are the monthly cash flow figures for a business.

– Opening balance £25 000 Cash inflow £124 000 Cash outflow £182 000

What is the closing balance for the business at the end of the month?

 

Select ONE answer:

  1. -£33,000
  2. -£17,000
  3. £22,000
  4. £149,000

 

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

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

This multiple choice question is suitable for Business Studies KS4 & KS3 classes

The answer is 1 – Opening £25k + £124k inflow = £149k then minus cash outflow of £182k finally equals closing balance of -£33k.

 

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

Business Studies Multiple Choice Question – 23 September 2019

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

These are the monthly cash flow figures for a business.

– Opening balance  £15 000   Cash inflow £24 000   Cash outflow £22 000

What is the closing balance for the business at the end of the month?

 

Select ONE answer:

  1. -£22,000
  2. -£7,000
  3. £2,000
  4. £17,000

 

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

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

This multiple choice question is suitable for Business Studies KS4 & KS3 classes
The answer is 4 – Opening £15k + £24k inflow = £39k then minus cash outflow of £4k finally equals closing balance of £17k.

 

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

Business Studies Multiple Choice Question – 22 September 2019

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

These are the monthly cash flow figures for a business.

– Opening balance £10 000 Cash inflow £14 000 Cash outflow £28 000

What is the closing balance for the business at the end of the month?

 

Select ONE answer:

  1. -£14,000
  2. -£4,000
  3. £24,000
  4. £38,000

 

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

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

This multiple choice question is suitable for Business Studies KS4 & KS3 classes

The answer is 2 – Opening £10K + £14k inflow = £24k then minus cash outflow of £28k finally equals closing balance of £4k.

 

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