Tag: A-Level

The information below is an extract from a company’s annual accounts.

• Current assets: £3 million
• Current liabilities: £2.4 million
• Non-current liabilities: £4.2 million
• Capital employed: £12 million

The company’s gearing ratio is?

Select ONE answer:

1. 35%
2. 25%
3. 20%
4. 5%

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 – 4.2 / 12
2. Not correct
3. Not correct
4. Not correct

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

A Staffordshire farmer takes over a local retailer in order to sell its produce.

This is an example of?

Select ONE answer:

1. horizontal integration.
2. backward vertical integration.
3. forward vertical integration.
4. conglomerate integration.

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

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

The diagram below shows an inventory control chart for boxes of strawberries held by a large Staffordshire supermarket.

The lead time for the delivery of inventory of strawberries from a local farm is one day.

What is the re-order level for strawberries?

Select ONE answer:

1. 70 units
2. 60 units
3. 30 units
4. 10 units

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

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

Payables are the value of?

Select ONE answer:

1. a firm’s overdraft from its bank
2. inventory held by a business
3. money owed to a firm by customers
4. money owed to suppliers by a business

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

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

According to Maslow’s hierarchy of needs, which one of the following statements is true?

Select ONE answer:

1. Social needs must be satisfied before security/safety needs can be used to motivate employees.
2. Self-actualisation must be reached before physiological needs can be used to motivate employees.
3. Esteem/ego needs must be satisfied before self-actualization needs can be used to motivate employees.
4. Security/safety needs must be satisfied before physiological needs can be used to motivate employees.

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

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