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Lawn and Order Financial Quiz

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

What is the revenue of Lawn and Order for 2016?

a)

£1,500,000

b)

£230,000

c)

£75,000

d)

£250,000

2.

What is the cost of sales for Lawn and Order in 2016?

a)

£230,000

b)

£1,500,000

c)

£75,000

d)

£98,000

3.

How much are the expenses for Lawn and Order in 2016?

a)

£75,000

b)

£250,000

c)

£98,000

d)

£1,500,000

4.

What is the amount of trade receivables for Lawn and Order in 2016?

a)

£250,000

b)

£98,000

c)

£230,000

d)

£75,000

5.

What is the amount of trade payables for Lawn and Order in 2016?

a)

£98,000

b)

£250,000

c)

£1,500,000

d)

£230,000

6.

Who did Lawn and Order hire to investigate their cash flow position?

a)

Cook, Books and Hyde

b)

Smith, Jones and Brown

c)

Taylor, Green and White

d)

Johnson, Black and Gray

7.

What is the credit period granted to each customer by Lawn and Order?

a)

45 days

b)

30 days

c)

60 days

d)

90 days

8.

What is the main concern of Lawn and Order regarding their customers?

a)

Compliance with payment terms

b)

Quality of service

c)

Cost of sales

d)

Revenue growth

9.

What type of service does Lawn and Order provide?

a)

Gardening service

b)

Financial consulting

c)

Catering service

d)

Cleaning service

10.

For which year does the table show extracts from the statement of financial position?

a)

2016

b)

2015

c)

2017

d)

2018

11.

What is the topic of the worksheet?

a)

Measuring Efficiency

b)

Financial Planning

c)

Cost Management

d)

Revenue Analysis

12.

What is the total of expenses and cost of sales for Lawn and Order in 2016?

a)

£305,000

b)

£1,500,000

c)

£250,000

d)

£98,000

13.

What is the purpose of the activity mentioned in the document?

a)

Advise on customer payment concerns

b)

Increase revenue

c)

Reduce expenses

d)

Expand services

14.

What is the total of trade receivables and trade payables for Lawn and Order in 2016?

a)

£348,000

b)

£250,000

c)

£98,000

d)

£305,000

15.

What is the main focus of the cash flow investigation for Lawn and Order?

a)

Trade receivables

b)

Revenue

c)

Expenses

d)

Cost of sales