Day: July 11, 2023

Accounting Multiple Choice Question – 11 July 2023

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

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Which of the following will increase gearing?

Select ONE answer:

  1. 1.conversion of a convertible loan into ordinary shares
  2. 2.transfer of a general reserve back to retained earnings
  3. 3.upward revaluation of a freehold premises.
  4. 4.writing off goodwill

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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