Tag: Business Studies

Business Studies Multiple Choice Question – 14 December 2022

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

man welding round window frame
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A ‘hard’ approach to human resource management would…?

Select ONE answer

  1. focus on the most efficient use of capital equipment
  2. treat employees as a resource to be used as efficiently as possible
  3. view workers as a valuable asset to be developed
  4. focus solely on better recruitment methods to improve employee engagement.

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

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

This multiple-choice question is suitable for Business Studies KS4 & KS5 classes

The answer is 2

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

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

Business Studies Multiple Choice Question – 13 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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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

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

Business Studies Multiple Choice Question – 12 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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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

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

Business Studies Multiple Choice Question – 11 December 2022

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

man welding round window frame
Photo by Kateryna Babaieva on Pexels.com

Public limited companies usually pay ordinary shareholders their share of the profits in the form of?

Select ONE answer

  1. inventory
  2. dividends
  3. fixed interest payments
  4. retained profits

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

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

This multiple-choice question is suitable for Business Studies KS4 & 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 – 10 December 2022

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

man welding round window frame
Photo by Kateryna Babaieva on Pexels.com

The data below refers to a deluxe pencil known as the Staffordshire:

  • output = 200 units
  • selling price = £7.25
  • fixed costs = £500
  • contribution per unit = £3

The variable cost per unit is therefore?

Select ONE answer

  1. £4.00
  2. £4.25
  3. £4.50
  4. £4.75

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

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

This multiple-choice question is suitable for Business Studies KS4 & KS5 classes

The answer is 2

  1. Not correct
  2. Correct – £7.25 – £3 = £4.25
  3. Not correct
  4. Not correct

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