Accounting Multiple Choice Question – 5 June 2024

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

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To establish whether a particular organisation should be classified as a business or not, it would be necessary to understand the nature of its…?

Select ONE answer:

  1. Primary objective
  2. Mission
  3. Vision
  4. Secondary objective

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 –> Organisations whose primary objective is to make profits for their owners, are classified as businesses.
  2. Not correct
  3. Not correct
  4. Not correct

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