Accounting Multiple Choice Question – 24 August 2021

The following information has been extracted from the final accounts of Company A for the last two years.

What will be the amount appearing on the cash flow statement for year 2 with respect to taxation paid? 

Select ONE answer:

1. £48,000
2. £50,000
3. £52,000
4. £55,000

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 – £50,000 + £55,000 – £57,000 ==> £48,000
2. Not correct
3. Not correct
4. Not correct

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