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BUSINESS IGCSE MULTIPLE CHOICE QUESTIONS - 2020

Michelle Parker 11 questions

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Questions in this quiz (11)

  1. 1Which one of the following could a sole trader pay on its profits?Image for question 1
    1. ASales tax
    2. BIncome tax
    3. CCorporation tax
    4. DIndirect tax
  2. 2Which ONE of the following is a variable cost?Image for question 2
    1. AInsurance
    2. BRent
    3. CSalaries
    4. DPackaging
  3. 3Which one of the following is a method of primary market research?Image for question 3
    1. ANewspaper articles
    2. BGovernment statistics
    3. CFocus Groups
    4. DInternet research
  4. 4Which one of the following is used to calculate net cash flow?Image for question 4
    1. ATotal cash inflow – total cash outflow
    2. BTotal cash inflow + total cash outflow
    3. COpening balance – closing balance
    4. DOpening balance + closing balance
  5. 5TADS (a drumming school) has developed contracts with drumming schools in other countries to teach
    online music lessons.
    An Italian drumming school has agreed that TADS can teach five lessons per week.
    Each lesson costs  15 for half an hour. The exchange rate in January 2019 was
     1 = €1.15.
    What will the Italian drumming school pay in euros (€) for these five lessons?    Image for question 5
    1. A€5.75
    2. B€15.00
    3. C€75.00
    4. D€86.25
  6. 6In May 2019 the exchange rate was  1 = €1.05. TADS (drumming school) continued to provide the
    Italian drumming school with five lessons a week.
    (vi) What effect would this change in the exchange rate have on the Italian
    drumming school?    Image for question 6
    1. AA decrease in cash outflows
    2. BAn increase in import costs
    3. CA decrease in revenue
    4. DAn increase in the internet costs
  7. 7Which one of the following only applies to a public limited company?Image for question 7
    1. AControlled by the government
    2. BShares are traded on the stock exchange
    3. CA maximum of 50 shareholders
    4. DRestriction in the transfer of shares
  8. 8Which one of the following departments would send an invoice to a supplier?Image for question 8
    1. AHuman resources
    2. BMarketing
    3. CFinance
    4. DProduction
  9. 9The picture shows the annual total revenue of  1 200 000 for five businesses.
    Business 1  300 000
    Business 2  150 000
    Business 3  150 000
    Business 4  250 000
    Business 5  350 000
    What is the market share for Business 2?    Image for question 9
    1. A12.5%
    2. B20.8%
    3. C25.0%
    4. D29.2%
  10. 10Which one of the following describes an overdraft?Image for question 10
    1. AA method of borrowing regular amounts
    2. BMore funds taken out than are in the account
    3. CMoney lent by many people to a business
    4. DA loan due for repayment in five years

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BUSINESS IGCSE MULTIPLE CHOICE QUESTIONS
Language
English
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