Business Studies Multiple Choice Question – 21 April 2022

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Business Studies
woman draw a light bulb in white board
Photo by Andrea Piacquadio on Pexels.com

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

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Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor

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