plumiStatement of financial position: OCR A‑Level Business questions
Every OCR A-Level Business exam question on Statement of financial position, 2021–2025, with its mark scheme and examiner’s report.
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All 8 questions on Statement of financial position, as a list
- June 2025, Paper 2, Q7 (4 marks): A business buys a new vehicle for £35 000. The Finance Director is considering which method of depreciation to use. Option 1: Straight line method The vehicle w
- June 2024, Paper 1, Q14 (1 mark): What would be shown on a statement of financial position? (a) Bad debts, cost of sales, retained profit (b) Expenses, non-current assets, trade receivables (c)
- June 2023, AS Paper 1, Q9 (1 mark): A statement of financial position is shown below. Statement of financial position as at 30 April 2022 £000 Non-current assets 500 Current assets 650 Total asset
- June 2023, Paper 1, Q18(a) (5 marks): Three years ago, Ben bought a new key-cutting machine at a cost of £1100. He expects it to last for eight years and estimates it will have a residual value of £
- June 2023, Paper 1, Q18(b) (9 marks): Analyse two possible effects on BBB of depreciating its fixed assets. [9]
- June 2022, AS Paper 2, Q1 (2 marks): Identify two non-current assets that a business might include on its statement of financial position. 1 2 [2]
- November 2021, Paper 2, Q8(b) (2 marks): KKL’s accountants need to include Stadium Crayons’ non-current assets in KKL’s accounts for the year ended 31 March 2020. No assets have been sold off. Calculat
- November 2021, Paper 2, Q8(c) (9 marks): KKL’s accountants have decided that, in the future, the business will use the ‘straight line’ method of depreciation. Evaluate the impact of this change on KKL.
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