Business Studies Multiple Choice Question – 3 November 2018

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

Williams is a small pottery business specialising in manufacturing ceramic plates. The table below contains the financial information for February.

Table 31

 

Calculate the Total Revenues for Williams during the month of February.  Select ONE answer only:

  1. £600
  2. £1,200
  3. £1,800
  4. £3,000

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

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

This multiple choice question is suitable for Business Studies KS4 & KS3 classes

The answer is 4 – Units Sold * Sales Price = 300 * £10 = £3,000

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Business Studies Multiple Choice Question – 2 November 2018

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

Williams is a small pottery business specialising in manufacturing ceramic plates. The table below contains the financial information for February.

Table 31

 

Calculate the Total Costs for Williams during the month of February.  Select ONE answer only:

  1. £600
  2. £1,200
  3. £1,800
  4. £3,000

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

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

This multiple choice question is suitable for Business Studies KS4 & KS3 classes

The answer is 3 – FC + Total VC = £600 + (£4 * 300) = £1,800

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

Business Studies Multiple Choice Question – 1 November 2018

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

Williams is a small pottery business specialising in manufacturing ceramic plates. The table below contains the financial information for January.

Table 30

Calculate the Total Revenues for Williams during the month of January.  Select ONE answer only:

  1. £600
  2. £1,200
  3. £1,800
  4. £2,400

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

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

This multiple choice question is suitable for Business Studies KS4 & KS3 classes

The answer is 4 – Units Sold * Sales Price = 200 * £12 = £2,400

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

Business Studies Multiple Choice Question – 31 October 2018

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

Williams is a small pottery business specialising in manufacturing ceramic plates. The table below contains the financial information for January.

Table 30

Calculate the Total Costs for Williams during the month of January.  Select ONE answer only:

  1. £600
  2. £1,200
  3. £1,800
  4. £2,400

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

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

This multiple choice question is suitable for Business Studies KS4 & KS3 classes

The answer is 2 – FC + Total VC = £600 + (£3 * 200) = £1,200

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

Business Studies Multiple Choice Question – 5 August 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 a result of being a sole trader?

Select ONE answer only:

  1. The owner is only liable for the money that they invest in the business
  2. The business owner is likely to face a greater risk
  3. The business owner can take all the profits of the business
  4. The business owner can sell shares to raise money
  5. The business owner has to pay an accountant to do audit their accounts

Discuss the reasons why customers may trust a private limited company more than a sole trader

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

This multiple choice question is suitable for Business Studies KS4 & KS3 classes

The answer is 3 – The others are not true or apply to limited liability companies only.

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