Business Studies Multiple Choice Question – 18 January 2020

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

Lucy has a business that designs large fancy new gardens but has sadly recently experienced a fall in sales.

Lucy recorded the following transactions between January and June 2019.

  • Money paid to Lucy by her customers £25,000
  • Money owed to Lucy by her customers £50,000
  • Cash outflow £150,000

Which ONE of the following is the most outcome from the above information?

 

Select ONE answer:

  1. Growth
  2. Franchise
  3. Insolvency
  4. Expansion

 

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

 

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