Business Studies Multiple Choice Question – 14 July 2020

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

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A business has the following cash flow information for one particular month:

  • Opening balance: £5 000
  • Cash inflow: £7 000
  • Cash outflow: £14 000

What is the net cash flow for the business at the end of this month?

 

Select ONE answer:

  1. – £16 000
  2. – £7 000
  3. £12 000
  4. £26 000

 

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

 

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