Accounting Multiple Choice Question – 21 February 2022

If cash outflows are £5,000 and net cash flow is £2,000, calculate the value of cash inflows?

Select ONE answer:

1. £7,000
2. £3,000
3. (£3,000)
4. (£7,000)

Show your workings to arrive at your answer, and explain and justify your reasons:

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This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 1

1. Correct ==> £Xk – £5k = +£2k thus £Xk is £7k
2. Not correct
3. Not correct
4. Not correct

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