Day: December 27, 2025

Accounting Multiple Choice Question – 27 December 2025

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

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Which ONE of the following is a risk associated with the sales system?

Select ONE answer:

  1. Orders may be taken from customers who are not able to pay
  2. Goods may be dispatched but not invoiced
  3. The whole credit period offered might not be taken
  4. Money might be received at the premises, but not banked

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 – It is not accurate, as it is in the company’s interest for its customers to take the whole credit period and pay sooner. This would pose a risk to the purchasing system, as it would benefit the company to take the entire credit period granted by its suppliers.
  4. Not correct

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