Financial information and decisions: past paper questions
Real questions on financial information and decisions
The newest 20 of 170 written questions. Open one to see it on the real paper.
- 7115/11 · October/November 2025 · Q2a[2]
Define ‘import tariff’.
See it on the paper → - 7115/11 · October/November 2025 · Q2b[2]
Identify one non-current asset and one current liability. Non-current asset: Current liability:
See it on the paper → - 7115/11 · October/November 2025 · Q2c[4]
Outline two ways the information in Table 2.1 might be useful to CPW. Way 1: Way 2:
See it on the paper → - 7115/11 · October/November 2025 · Q2d[6]
Explain two factors CPW should consider when deciding on a source of finance for the new vehicles. Factor 1: Explanation: Factor 2: Explanation:
See it on the paper → - 7115/11 · October/November 2025 · Q2e[6]
Explain two objectives a private sector business might have. Which objective is likely to be the most important? Justify your answer.
See it on the paper → - 7115/12 · October/November 2025 · Q2a[2]
Define ‘cash flow forecast’.
See it on the paper → - 7115/12 · October/November 2025 · Q2b[2]
Identify two reasons why cash is important for a business. Reason 1: Reason 2:
See it on the paper → - 7115/12 · October/November 2025 · Q2d[6]
Explain two ways OTK could overcome a short-term cash flow problem. Way 1: Explanation: Way 2: Explanation:
See it on the paper → - 7115/12 · October/November 2025 · Q4c[4]
Outline two ways lower interest rates might affect DJU. Way 1: Way 2:
See it on the paper → - 7115/21 · October/November 2025 · Q3a[8]
Explain two reasons why working capital is important to LB. Reason 1: Explanation: Reason 2: Explanation:
See it on the paper → - 7115/22 · October/November 2025 · Q1a[8]
Explain four ways a business plan could help Kathryn. Way 1: Way 2: Way 3: Way 4:
See it on the paper → - 7115/22 · October/November 2025 · Q3b[12]
Consider the following two sources of finance which could be used for working capital when FF’s new shop opens. Which would be the best source for Kathryn to use? Justify your answer. • • Bank overdraft Trade credit Bank overdraft: Trade credit: Recommendation:
See it on the paper → - 7115/11 · May/June 2025 · Q3b[2]
Calculate the value of X and Y. X: Y:
See it on the paper → - 7115/11 · May/June 2025 · Q3c[4]
Identify four reasons why a cash flow forecast might be useful to a business. Reason 1: Reason 2: Reason 3: Reason 4:
See it on the paper → - 7115/11 · May/June 2025 · Q4e[6]
Do you think the advantages of using retained profits to fund business expansion are greater than the disadvantages? Justify your answer.
See it on the paper → - 7115/12 · May/June 2025 · Q2a[2]
Define ‘profit’.
See it on the paper → - 7115/12 · May/June 2025 · Q2b[2]
Identify two expenses a business might have. Expense 1: Expense 2:
See it on the paper → - 7115/12 · May/June 2025 · Q2c[4]
Outline two possible reasons why FLD’s gross profit is decreasing. Reason 1: Reason 2:
See it on the paper → - 7115/12 · May/June 2025 · Q3e[6]
Do you think a bank loan is the best source of start-up capital for a new business? Justify your answer.
See it on the paper → - 7115/21 · May/June 2025 · Q3a[8]
Explain two advantages and two disadvantages to a business of using a bank loan as a source of finance. Advantage 1: Advantage 2: Disadvantage 1: Disadvantage 2:
See it on the paper →
What examiners said
The strongest answers for this question recognised that owner`s savings may not be sufficient for a successful start-up but has the advantage of no interest being paid. A mistake made by many candidates was to state it saves time with no elaboration. Such answers were too vague to be credited. Very few candidates attempted an effective evaluation for this question.
— Examiner report, October/November 2023, 7115/11 Q1(e) (Cambridge)
The strongest candidates illustrated how they had achieved their correct answer by providing their workings. Some candidates did not carefully read the information in the question and calculated profit at a different level of output. Such responses were able to gain one mark if a method of calculation was outlined. A significant number of candidates were unclear on this calculation.
— Examiner report, October/November 2023, 7115/11 Q2(b) (Cambridge)
This topic was generally well understood with many candidates gaining both marks. An error made by some candidates was to identify internal users such as managers or workers.
— Examiner report, October/November 2023, 7115/11 Q3(a) (Cambridge)
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