Accounting Multiple Choice Question – 28 December 2022

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

Photo by Olya Kobruseva on Pexels.com

In the books of Y how could a credit entry of £5,000 in customer X’s account have arisen?

Select ONE answer:

  1. X bought goods from Y
  2. X returned goods to Y
  3. Y made a payment to X
  4. Y returned goods to X

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 2

  1. Not correct
  2. Correct
  3. Not correct
  4. Not correct

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Accounting Multiple Choice Question – 27 December 2022

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

Photo by Olya Kobruseva on Pexels.com

What would be treated as part of the capital cost of the purchase of a building?

1 legal costs of the purchase
2 redecoration of the building
3 installation of air conditioning needed for the machinery in the building

Select ONE answer:

  1. 1 only
  2. 1 and 3 only
  3. 2 and 3 only
  4. 1, 2 and 3

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 2

  1. Not correct
  2. Correct
  3. Not correct
  4. Not correct

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

Business Studies Multiple Choice Question – 26 December 2022

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

Photo by Andrea Piacquadio on Pexels.com

In a business each employee has a job with clear rules and procedures.

Which of Handy’s cultures does this description most closely correspond to?

Select ONE answer:

  1. Person culture
  2. Power culture
  3. Role culture
  4. Task culture

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
  4. Not correct

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

Business Studies Multiple Choice Question – 25 December 2022

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

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Read statements 1 and 2 and select the correct option from the following options:

  • Statement 1: ‘Penetration pricing is more likely to be used if demand is price inelastic.’
  • Statement 2: ‘Price skimming is more likely to be used if demand is price elastic.’

Select ONE answer:

  1. Statement 1 is true. Statement 2 is true
  2. Statement 1 is true. Statement 2 is false
  3. Statement 1 is false. Statement 2 is true
  4. Statement 1 is false. Statement 2 is false

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

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

Business Studies Multiple Choice Question – 24 December 2022

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

Photo by Andrea Piacquadio on Pexels.com

According to Lewin’s force field analysis……?

Select ONE answer:

  1. change will occur if driving forces are stronger than restraining forces.
  2. change will occur if negative forces equal positive forces.
  3. a company will grow if its strengths and opportunities outweigh its weaknesses and threats.
  4. a company will grow if horizontal forces and vertical forces are balanced.

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
  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.