A-LevelAccountingAnalysis and communication of accounting information9706/12 · May/June 2016 · Q151 Mark
A company's profit from operations has increased by 10% in a year, whilst its gross profit has only increased by 5%. Which factors could explain this? 1 a decrease in finance costs 2 a decrease in distribution costs 3 an increase in rent received 4 an increase in selling prices
A1 and 2
B1 and 4
C2 and 3
D3 and 4
✓ Correct answer
C: 2 and 3
Practise more questions on this topic
Oracle Prep sorts past-paper questions by topic, so you can drill Analysis and communication of accounting information and see which topics are most likely to come up next.
Sign up free →