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.

Business Studies

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

 

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Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor

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