Business Studies Multiple Choice Question – 21 April 2022

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

• Opening balance: £15 000
• Cash inflow: £17 000
• Cash outflow: £34 000

What is the closing balance at the end of this month?

Select ONE answer

1. – £12 000
2. – £2 000
3. £9 000
4. £16 000

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

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Business Studies KS4 & KS5 classes

The answer is 2

1. Not correct
2. Correct
3. Not correct
4. Not correct

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

Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor View all posts by stuart001uk2014