Accounting Multiple Choice Question – 28 December 2023

In relation to the business of a sole trader, which two of the following items does the government and its agencies need to be able to most do?

• A  Establish levels of tax revenue
• B  Assess whether the business will continue in existence
• C  Produce national statistics
• D  Assess the owner’s stewardship
• E  Take decisions about their investment

Select ONE answer:

1. A and B
2. B and C
3. C and D
4. A and C

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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