Accounting Multiple Choice Question – 18 March 2021

Information about a business is given.

What is the prime cost?

Select ONE answer:

1. £69,000
2. £71,000
3. £92,000
4. £94,000

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 1

1. Correct – (£3K + £35K – £2K) + £33K
2. Not correct
3. Not correct
4. Not correct

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