BUSINESS IGCSE MULTIPLE CHOICE QUESTIONS - 2020

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BUSINESS IGCSE MULTIPLE CHOICE QUESTIONS
Michelle Parker
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Michelle Parker
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Resumen del Recurso

Pregunta 1

Pregunta
Which one of the following could a sole trader pay on its profits?
Respuesta
  • Sales tax
  • Income tax
  • Corporation tax
  • Indirect tax

Pregunta 2

Pregunta
Which ONE of the following is a variable cost?
Respuesta
  • Insurance
  • Rent
  • Salaries
  • Packaging

Pregunta 3

Pregunta
Which one of the following is a method of primary market research?
Respuesta
  • Newspaper articles
  • Government statistics
  • Focus Groups
  • Internet research

Pregunta 4

Pregunta
Which one of the following is used to calculate net cash flow?
Respuesta
  • Total cash inflow – total cash outflow
  • Total cash inflow + total cash outflow
  • Opening balance – closing balance
  • Opening balance + closing balance

Pregunta 5

Pregunta
TADS (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?
Respuesta
  • €5.75
  • €15.00
  • €75.00
  • €86.25

Pregunta 6

Pregunta
In 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?
Respuesta
  • A decrease in cash outflows
  • An increase in import costs
  • A decrease in revenue
  • An increase in the internet costs

Pregunta 7

Pregunta
Which one of the following only applies to a public limited company?
Respuesta
  • Controlled by the government
  • Shares are traded on the stock exchange
  • A maximum of 50 shareholders
  • Restriction in the transfer of shares

Pregunta 8

Pregunta
Which one of the following departments would send an invoice to a supplier?
Respuesta
  • Human resources
  • Marketing
  • Finance
  • Production

Pregunta 9

Pregunta
The 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?
Respuesta
  • 12.5%
  • 20.8%
  • 25.0%
  • 29.2%

Pregunta 10

Pregunta
Which one of the following describes an overdraft?
Respuesta
  • A method of borrowing regular amounts
  • More funds taken out than are in the account
  • Money lent by many people to a business
  • A loan due for repayment in five years

Pregunta 11

Pregunta
Which one of the following would be part of recruiting a new employee?
Respuesta
  • Business plan
  • Induction training
  • Job description
  • Job enrichment
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