Accounting Multiple Choice Question – 7 February 2018

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

Wood Pigeon Ltd has provided a list of its assets and liabilities as at 31 December 2017 as follows:

  • Long-Term Assets £400k
  • Inventory £185k
  • Accounts Receivables £140k
  • Bank Account £110k
  • Cash £50K
  • Accounts Payable £165k
  • Long-term Bank Loan £800k
  • Reserves £250k
  • Share Capital £200k
  • Revenue £4,800k
  • Cost-of-Sales £3,400k
  • Net Profit Margin £600k
  • Purchases £1,800k

What is Wood Pigeon’s ROCE percentage?

Select ONE answer:

  1. 16.67
  2. 29.17
  3. 48.00
  4. 41.18
  5. 12.50

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Accounting KS5 classes.

The answer is 3 – Return on Capital Employed. Return on capital employed or ROCE is a profitability ratio that measures how efficiently a company can generate profits from its capital employed by comparing net operating profit to capital employed. £600k / (£800k + £250k + £200k) * 100 = 48.00%

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Accounting Multiple Choice Question – 6 February 2018

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

Wood Pigeon Ltd has provided a list of its assets and liabilities as at 31 December 2017 as follows:

  • Long-Term Assets £400k
  • Inventory £185k
  • Accounts Receivables £140k
  • Bank Account £110k
  • Cash £50K
  • Accounts Payable £165k
  • Long-term Bank Loan £800k
  • Reserves £250k
  • Share Capital £200k
  • Revenue £4,800k
  • Cost-of-Sales £3,400k
  • Net Profit Margin £600k
  • Purchases £1,800k

What is Wood Pigeon’s Net Margin Percentage?

Select ONE answer:

  1. 16.67
  2. 29.17
  3. 48.00
  4. 41.18
  5. 12.50

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Accounting KS5 classes.

The answer is 5 – £600k / £4,800k * 100 = 12.50%

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Accounting Multiple Choice Question – 5 February 2018

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

Wood Pigeon Ltd has provided a list of its assets and liabilities as at 31 December 2017 as follows:

  • Long-Term Assets £400k
  • Inventory £185k
  • Accounts Receivables £140k
  • Bank Account £110k
  • Cash £50K
  • Accounts Payable £165k
  • Long-term Bank Loan £800k
  • Reserves £250k
  • Share Capital £200k
  • Revenue £4,800k
  • Cost-of-Sales £3,400k
  • Net Profit Margin £600k
  • Purchases £1,800k

What is Wood Pigeon’s Expenses in relation to revenue Percentage?

Select ONE answer:

  1. 16.67
  2. 29.17
  3. 48.00
  4. 41.18
  5. 12.50

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Accounting KS5 classes.

The answer is 1 – £4,800k – £3,400k = £1,400k – £600k = £800k / £4,800k * 100 = 16.67%

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Accounting Multiple Choice Question – 4 February 2018

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

Wood Pigeon Ltd has provided a list of its assets and liabilities as at 31 December 2017 as follows:

  • Long-Term Assets £400k
  • Inventory £185k
  • Accounts Receivables £140k
  • Bank Account £110k
  • Cash £50K
  • Accounts Payable £165k
  • Long-term Bank Loan £800k
  • Reserves £250k
  • Share Capital £200k
  • Revenue £4,800k
  • Cost-of-Sales £3,400k
  • Net Profit Margin £600k
  • Purchases £1,800k

What is Wood Pigeon’s Gross Profit Mark-up Percentage?

Select ONE answer:

  1. 16.67
  2. 29.17
  3. 48.00
  4. 41.18
  5. 12.50

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Accounting KS5 classes.

The answer is 4 – £4,800 – £3,400k = £1,400k / £3,400k * 100 = 41.18%

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Accounting Multiple Choice Question – 3 February 2018

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

Wood Pigeon Ltd has provided a list of its assets and liabilities as at 31 December 2017 as follows:

  • Long-Term Assets £400k
  • Inventory £185k
  • Accounts Receivables £140k
  • Bank Account £110k
  • Cash £50K
  • Accounts Payable £165k
  • Long-term Bank Loan £800k
  • Reserves £250k
  • Share Capital £200k
  • Revenue £4,800k
  • Cost-of-Sales £3,400k
  • Net Profit Margin £600k
  • Purchases £1,800k

What is Wood Pigeon’s Gross Profit Margin Percentage?

Select ONE answer:

  1. 16.67
  2. 29.17
  3. 48.00
  4. 41.18
  5. 12.50

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Accounting KS5 classes.

The answer is 2 – £4,800k – £3,400k = £1,400k / £4,800k * 100 = 29.17%

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Business Studies Multiple Choice Question – 2 February 2018

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

Which ONE of the following is the correct definition of inflation

Select ONE answer only:

  1. The price of one currency in relation to another
  2. The cost of borrowing and the reward for saving
  3. The continuous and sustained rise in the general level of prices
  4. A fee on income, property or goods, payable to the government
  5. High investment in local events

What is a likely objective of a business’s suppliers?

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 3 – Option 1 is a definition of exchange rates.  Option 2 defines interest rates.  Option 3 is a definition of inflation.  Option 4 is the definition of taxation.

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Business Studies Multiple Choice Question – 1 February 2018

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

Which ONE of the following is the correct definition of interest rates?

Select ONE answer only:

  1. The price of one currency in relation to another
  2. The cost of borrowing and the reward for saving
  3. The continuous and sustained rise in the general level of prices
  4. A fee on income, property or goods, payable to the government
  5. High investment in local events

What is a likely objective of a business’s pressure groups?

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Business Studies KS4 classes.

The answer is 2 – Option 1 is a definition of exchange rates.  Option 2 defines interest rates.  Option 3 is a definition of inflation.  Option 4 is the definition of taxation.

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