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AS & A Level Business 9609 · Finance and accounting (AS Level) · 5.2.1

Business ownership and sources of finance: past paper questions

22 real questionsasked in 8 of the last 10 exam series2019–2026usually: Explain, Analyse, Define, Identify, Evaluate

Real questions on business ownership and sources of finance

The newest 20 of 22 written questions. Open one to see it on the real paper.

  1. 9609/23 · May/June 2026 · Q2a(i)[1]

    Identify one feature of a private limited company.

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  2. 9609/12 · October/November 2025 · Q5a[8]

    Analyse two benefits to a business of using an internal source of finance for business growth.

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  3. 9609/22 · October/November 2025 · Q2d[12]

    Evaluate the most important responsibility that Drake has as the owner of LAF.

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  4. 9609/21 · May/June 2025 · Q1a(i)[1]

    Identify one feature of a private limited company.

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  5. 9609/22 · October/November 2024 · Q2a(ii)[3]

    Explain the term limited liability (line 1).

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  6. 9609/22 · May/June 2024 · Q1a(i)[1]

    Identify one feature of a private limited company.

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  7. 9609/12 · February/March 2024 · Q3b[3]

    Explain one reason why a business may need finance.

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  8. 9609/33 · October/November 2023 · Q4b[12]

    Evaluate whether the financial data provided will enable HP to decide how to finance the factory modernisation.

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  9. 9609/23 · May/June 2023 · Q2b(ii)[3]

    Explain one disadvantage to GD’s employees of it being a co-operative.

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  10. 9609/11 · October/November 2022 · Q3[5]

    Explain the internal sources of finance a business could use to support its growth and development.

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  11. 9609/23 · May/June 2022 · Q2a(i)[2]

    Define the term ‘capital’ (line 3).

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  12. 9609/12 · February/March 2022 · Q5a[8]

    Analyse the benefits of using internal sources of finance for business growth.

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  13. 9609/22 · October/November 2020 · Q1c[8]

    Analyse one internal source of finance and one external source of finance that ES could use to purchase a fracking licence.

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  14. 9609/23 · October/November 2020 · Q1a(i)[2]

    Define the term ‘shareholder’ (line 3).

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  15. 9609/13 · May/June 2020 · Q2a[2]

    Define the term ‘limited liability’.

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  16. 9609/13 · May/June 2020 · Q2b[3]

    Explain two disadvantages to a private limited company of changing to a public limited company.

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  17. 9609/22 · February/March 2020 · Q2a(ii)[3]

    Explain the term ‘start up capital’ (lines 6–7).

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  18. 9609/22 · February/March 2020 · Q2d[11]

    Discuss sources of finance Joe could use to start up his business.

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  19. 9609/32 · February/March 2020 · Q1[10]

    Analyse the likely impact of changes in interest rates on FE.

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  20. 9609/22 · October/November 2019 · Q2c[8]

    Analyse one internal source of finance and one external source of finance which CP could use for the new machinery.

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What examiners said

This was a challenging question requiring candidates to focus on how the financial data could be used by HP in its decision on the method of financing the factory modernisation. Weaker answers discussed whether HP should proceed with the factory modernisation instead of linking the financial data to sources of finance. Other incomplete answers only discussed the link between the data and the perfo...

— Examiner report, October/November 2023, 9609/33 Q4(b) (Cambridge)

Many candidates were able to identify a disadvantage of being a co-operative, but very few put this into the context of the case study. There was some confusion in that some candidates seemed to think that there is a difference between the owners and the employees. For example, there were quite a few answers which suggested that the employees may not be happy with the owners, which shows a lack of...

— Examiner report, May/June 2023, 9609/23 Q2(b)(ii) (Cambridge)

Explain the internal sources of finance a business could use to support its growth and development. Most candidates were able to achieve some marks on this question because they identified that appropriate internal sources of finance are retained profits, sale of assets, sale and leaseback of assets, leasing assets out to other businesses, using the savings of owners (sole traders or partners) an...

— Examiner report, October/November 2022, 9609/11 Q3 (Cambridge)

Past papers, syllabus and examiner reports © UCLES (Cambridge University Press & Assessment). Questions are matched to topics from the official syllabus. AssessPro is independent and not endorsed by Cambridge.

Business ownership and sources of finance — AS & A Level Business 9609 past paper questions | AssessPro