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AS & A Level Business 9609 · Finance and accounting (AS Level) · 5.1.1

The need for business finance: past paper questions

13 real questionsasked in 4 of the last 10 exam series2019–2025usually: Define, Explain, Calculate

Real questions on the need for business finance

The newest 13 of 13 written questions. Open one to see it on the real paper.

  1. 9609/11 · October/November 2025 · Q2a[2]

    Define the term liquidation.

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  2. 9609/22 · October/November 2024 · Q1a(ii)[3]

    Explain the term capital expenditure (line 16).

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  3. 9609/22 · February/March 2024 · Q2a(ii)[3]

    Explain the term leasing.

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  4. 9609/23 · October/November 2023 · Q1b(i)[3]

    Refer to Table 1.1. Calculate the forecast closing balance in March 2024.

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  5. 9609/23 · October/November 2022 · Q1a(i)[2]

    Define the term ‘revenue’ (line 10).

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  6. 9609/13 · October/November 2021 · Q4a[2]

    Define the term ‘published accounts’.

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  7. 9609/13 · October/November 2021 · Q4b[3]

    Explain two limitations of published accounts. Section B (Essay) Answer one question only

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  8. 9609/22 · October/November 2021 · Q2a(ii)[3]

    Explain the term ‘private limited company’ (line 1).

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  9. 9609/22 · October/November 2021 · Q2b(i)[3]

    Calculate the profit made from selling standard and advanced services in April.

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  10. 9609/33 · October/November 2019 · Q2a(ii)[4]

    the dividend yield for 2018.

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  11. 9609/11 · May/June 2019 · Q2a[2]

    Define the term ‘retained earnings’.

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  12. 9609/12 · February/March 2019 · Q4a[2]

    Define the term ‘statement of financial position’.

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  13. 9609/12 · February/March 2019 · Q4b[3]

    Briefly explain two uses an investor might make of a statement of financial position. Section B (Essay) Answer one question only.

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What examiners said

The vast majority of candidates who knew the calculation scored full marks, showing the importance of remembering basic formulae. It is also important to stress the need for the calculation and working out as this can gain valuable marks if the final answer is incorrect.

— Examiner report, October/November 2023, 9609/23 Q1(b)(i) (Cambridge)

The correct formula for revenue would automatically gain full marks, however a significant number of candidates failed to mention revenue came from selling goods or services and focused only on the fact revenue is income to a business.

— Examiner report, October/November 2022, 9609/23 Q1(a)(i) (Cambridge)

Define the term ‘published accounts’. A significant minority of candidates were unable to accurately define the term ‘published accounts’. General answers were given rather than specific reference to financial statements issued annually by limited companies. Strong answers made these references and provided examples such as income statements and statements of financial position.

— Examiner report, October/November 2021, 9609/13 Q4(a) (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.

The need for business finance — AS & A Level Business 9609 past paper questions | AssessPro