Day: July 30, 2023

Accounting Multiple Choice Question – 30 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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The table gives information relating to the fixed assets of a business.

  • net book value at the end of the year – £25k
  • net book value at the beginning of the year – £16k
  • depreciation charge for the year – £5k
  • additions at cost during the year – £22k

What is the net book value of disposals during the year?

Select ONE answer:

  1. £8k
  2. £11k
  3. £18k
  4. £22k

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 1

  1. Correct – £25k + £5K – £22k
  2. Not correct
  3. Not correct
  4. Not correct

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