Tag: A-Level

Accounting Multiple Choice Question – 18 August 2020

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

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What are assets?

Select ONE answer:

  1. items that are bought for long-term use by a business
  2. items that are expected to be turned into cash in the near future
  3. items that are owned by or owed by a business
  4. items that are owned by or owed to 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 – only non-current assets
  2. Not correct – prepayments cannot be turned into cash
  3. Not correct – includes creditors
  4. Correct

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Accounting Multiple Choice Question – 17 August 2020

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

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What is the purpose of book-keeping?

Select ONE answer:

  1. to interpret the double entry records
  2. to prepare financial statements at regular intervals
  3. to record all the financial transactions of the business
  4. to summarise the financial position of the 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 3

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

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Economics Multiple Choice Question – 7 July 2020

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 these factors might influence the ability of the UK economy to GROW?

Select ONE answer:

  1. The number of economists employed by the government
  2. The quality of Michelin-starred London restaurants
  3. The UK climate or weather
  4. The side of the road which we drive on in the UK

 

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

This multiple choice question is suitable for Economics KS4 and KS5 classes.

The answer is 2

 

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Economics Multiple Choice Question – 6 July 2020

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

sacks of coffee beans
Photo by Kelly Lacy on Pexels.com

Which ONE of these factors might influence the ability of the UK economy to GROW?

Select ONE answer:

  1. The number of economists employed by the government
  2. The quantity and quality of raw materials
  3. The quality of Michelin-starred London restaurants
  4. The side of the road which we drive on in the UK

 

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

This multiple choice question is suitable for Economics KS4 and KS5 classes.

The answer is 2

 

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

Economics Multiple Choice Question – 5 July 2020

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

sacks of coffee beans
Photo by Kelly Lacy on Pexels.com

Which ONE of these factors might influence the ability of the UK economy to GROW?

Select ONE answer:

  1. The level of interest rates
  2. The number of economists employed by the government
  3. The quality of Michelin-starred London restaurants
  4. The side of the road which we drive on in the UK

 

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

This multiple choice question is suitable for Economics KS4 and KS5 classes.

The answer is 1

 

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