Business Studies Multiple Choice Question – 12 December 2022

Payables are the value of?

Select ONE answer:

1. a firm’s overdraft from its bank
2. inventory held by a business
3. money owed to a firm by customers
4. money owed to suppliers by a business

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 4

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

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