Day: December 11, 2023

Accounting Multiple Choice Question – 11 December 2023

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

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Alex Trading Ltd has the information shown below.

  • actual sales for November – £320,000
  • break-even sales for November – £400,000
  • total fixed costs for November – £150,000

What is the margin of safety for November?

Select ONE answer:

  1. £80k negative
  2. £80k positive
  3. £170k negative
  4. £250k positive

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 – £400k – £320k
  2. Not correct
  3. Not correct
  4. Not correct

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