Accounting Multiple Choice Question – 6 September 2020

Which one of the group of businesses listed below contains only trading businesses?

Select ONE answer:

1. driving school, motor insurance agency, vehicle repair business
2. driving school, motor insurance agency, petrol station
3. motor parts shop, vehicle repair business, car dealership
4. motor parts shop, petrol station, car dealership

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 4

1. Not correct – all service businesses
2. Not correct – mixed service & trading businesses
3. Not correct – mixed service & trading businesses
4. Correct

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