Day: June 22, 2023

Accounting Multiple Choice Question – 22 June 2023

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

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The accounts of Alex plc show that it has increased its sales revenue by 50 % in one year, whilst its cost of sales has increased by 60 % over the same period.

What is the explanation for the change in the gross profit margin?

Select ONE answer:

  1. an increase in marketing expenses
  2. an increase in sales price
  3. an increase in sales volume
  4. an increase in supplier price

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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