
Unit 1 - Paper B
Authored by Matthew Pugh
Business
11th Grade
Used 127+ times

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26 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Money has to be hard-wearing because:
banks need to move it around a lot.
it changes hands many times.
it must be acceptable by shops.
shops keep it in tills.
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which of the following is not a security feature used on bank notes?
Coloured ink.
Metallic thread.
Special paper.
Watermark.
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
In the UK, what is the maximum amount, if any, in £2 coins that a shop is legally obliged to accept in payment from a customer?
£10.
£50.
£100.
Any amount.
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Jobseeker's Allowance cannot be claimed by someone who is:
over state pension age.
over the age of 18.
under state pension age.
under the age of 21.
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which of the following most commonly describes somebody who works for themselves?
An apprentice.
An employee.
Self-employed.
Self-funded.
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The amount of income tax that a person pays depends on their:
credit rating.
dependents.
earnings.
mortgage.
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
During the 2016/17 tax year, John's earnings are £4,670. How much income tax, if any, will John pay?
£0.
£467.
£934.
£1,100.
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