Accounting 0452 · IGCSE · Interested parties

Interested parties — practice question

Why might a bank manager want to examine the financial statements of a business?

  • Ato calculate and assess the trade payables turnover
  • Bto check that the correct amount of tax is being paid
  • Cto ensure that employees are being paid the correct hourly rate
  • Dto ensure that funds are sufficient to cover loan interest

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI