Day: November 18, 2023

Accounting Multiple Choice Question – 18 November 2023

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

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Development costs are capitalised by Alex Trading plc

Which accounting principle is being applied?

Select ONE answer:

  1. business entity
  2. historic cost
  3. matching / accruals
  4. materiality

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 3

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

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