Business 0450 · IGCSE · Analysis of accounts

Analysis of accounts — practice question

(a)[8]

Explain four advantages to employees of being members of a trade union.

(b)[12]

Using Appendix 3 and other information, consider how the financial statements may be useful to the following three stakeholder groups. Which stakeholder group will find the financial information most useful? Justify your answer. • NM’s shareholders • CC’s managers • CC’s bank manager

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: Higher pay as a result of trade union negotiations

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