Lesson 2.4.2a

2.4.2a Using quantitative business data: graphs, charts, financial and market data Quiz: Pearson Edexcel Business, Unit 9

20 questions

Written by Revision Ninja · Last reviewed 11 October 2026

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Lesson 2.4.2a, Using quantitative business data: graphs, charts, financial and market data: 20 multiple choice questions for the Pearson Edexcel GCSE Business (1BS0), Unit 9: Making financial decisions, written with Revision Ninja.

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The 20 questions

  1. Which type of chart is best for showing how a business's sales changed over twelve months?

    • A line graph
    • A pictogram of staff photographs
    • A pie chart
    • A flow diagram of the sales process

  2. Which type of chart is best for showing each region's share of total sales in one year?

    • A pie chart
    • A line graph showing monthly trends
    • A table of individual staff wages
    • A scatter graph of price against cost

  3. A bar chart shows sales of £40,000 in Q1, £55,000 in Q2, £30,000 in Q3 and £75,000 in Q4. Which quarter had the highest sales?

    • Quarter 4
    • Quarter 1
    • Quarter 3
    • Quarter 2

  4. Sales rose from £40,000 to £55,000 between Q1 and Q2. What is the percentage increase?

    • 27.3%
    • 37.5%
    • 55%
    • 15%

  5. Which of these is quantitative market data?

    • A written description of a company's logo and brand values
    • The number of customers in a town who bought a product last year
    • A photograph of a product displayed in a shop window
    • A customer's opinion of the staff in a shop they visited once

  6. A business's market share is 12% of a market worth £5 million. What is its sales value?

    • £6,000,000
    • £600,000
    • £60,000
    • £417,000

  7. Which data source is most useful for understanding a competitor's financial performance?

    • A rumour heard from a customer in the local shop
    • Published annual accounts filed by the competitor
    • Personal opinions of the business's own managers
    • The price of one product bought once in a supermarket

  8. A line graph shows a business's cash balance falling for four months. What should the manager consider?

    • That the graph must be wrong because cash cannot fall in a business
    • Whether cash outflows exceed inflows and what action is needed
    • That the business has no need to check the graph again
    • That the graph shows only profit, not cash, so it can be ignored

  9. Which of these is a marketing data figure?

    • The amount of corporation tax paid on the business's profit for the financial year
    • The number of shares issued by the business to its investors in the latest year
    • The percentage of customers who recognised a brand after an advertising campaign
    • The total cost of raw materials bought from suppliers during the course of the year

  10. A pie chart shows 25% of sales are online. Sales in the year were £800,000. What were online sales?

    • £25,000
    • £200,000
    • £32,000
    • £800,000

  11. What is a limitation of using a bar chart to show a business's stock levels?

    • It cannot display any numerical information for the business at all
    • It must always show stock in units rather than values in pounds
    • It can only show one month of data at a time with no comparison
    • It does not explain why stock levels changed or what caused the change

  12. A business's sales rose by 20% in one year. Sales were £250,000 at the start. What were sales at the end?

    • £300,000
    • £350,000
    • £270,000
    • £200,000

  13. Which is the best reason to compare a business's figures with industry averages?

    • To calculate the taxes that the business must pay to the government each year
    • To find out the exact number of staff employed by each of the rival businesses
    • To judge whether performance is better or worse than typical for the sector
    • To decide which products should be removed from the shop window display each month

  14. Which of these is a qualitative data source?

    • The average monthly rent paid for each shop premises
    • The number of units sold in each store last month
    • The total revenue recorded in the accounts for the year
    • Customer comments collected in a feedback survey

  15. A business's expenses are £90,000 and revenue is £150,000. Expenses are shown as a share of revenue in a pie chart. What percentage should the expenses slice show?

    • 60%
    • 90%
    • 40%
    • 150%

  16. Why might a manager use a scatter graph?

    • To show the total of each department's costs as a single figure for the year
    • To list the names of employees who have worked for the business over the years
    • To show the physical layout of the warehouse and the storage areas for next year
    • To see whether two variables, such as advertising spend and sales, are related

  17. A market report shows a market growing by 4% a year. Market size is £10 million now. What is the size after one year?

    • £14 million
    • £9.6 million
    • £10.04 million
    • £10.4 million

  18. Which of these would most likely be an example of market data?

    • The business's profit for last year after tax was paid
    • The number of hours worked by each member of the sales team
    • The amount of money owed to suppliers at the end of the year
    • The proportion of households in a region that own a smartphone

  19. A business uses a bar chart to compare sales of three products. Product A sells 900 units, B sells 1,200 and C sells 600. How many more units did B sell than C?

    • 900 units
    • 600 units
    • 1,800 units
    • 300 units

  20. Explain why a business should use quantitative data alongside qualitative data when making a decision.

    • Numbers show what is happening while opinions help explain why and how customers feel
    • Qualitative data gives exact figures that replace the need for any charts
    • Quantitative data is always wrong, so qualitative data is the only reliable source
    • Quantitative data shows customer feelings more clearly than any survey could

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