Month: July 2025

Accounting Multiple Choice Question – 1 July 2025

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

Photo by Pixabay on Pexels.com

Which of the following is the correct sequence in a business cycle?

Select ONE answer:

  1. Boom, Recession, Depression, Recovery
  2. Recession, Recovery, Boom, Depression
  3. Boom, Recovery, Recession, Depression
  4. Recovery, Recession, Depression, Boom

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 == > When an economy booms, it reaches a turning point and goes into recession. The recession deepens into a depression. Eventually, there is another turning point in the economy, and the business cycle goes into recovery and then back into boom, and so on.
  2. Not correct
  3. Not correct
  4. Not correct

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.