aat
Q2022
Business Environment
PRACTICE QUESTIONS
,AA T: BUSINESS ENVIRONMENT
We are grateful to the Association of Accounting Technicians for permission to reproduce past
assessment materials. The solutions have been prepared by Kaplan Publishing.
Published by
Kaplan Publishing UK
Unit 2 The Business Centre
Molly Millars Lane
Wokingham
RG41 2QZ
The text in this material and any others made available by any Kaplan Group company does not
amount to advice on a particular matter and should not be taken as such. No reliance should be
placed on the content as the basis for any investment or other decision or in connection with any
advice given to third parties. Please consult your appropriate professional adviser as necessary.
Kaplan Publishing Limited and all other Kaplan group companies expressly disclaim all liability to
any person in respect of any losses or other claims, whether direct, indirect, incidental,
consequential or otherwise arising in relation to the use of such materials.
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or
transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or
otherwise, other than for the sole purpose of making this publication available to the students of
the college, to whom this publication has been sent by Kaplan Publishing, who have purchased the
relevant Kaplan Publishing Textbook/Workbook for this unit.
© Kaplan Financial Limited, 2022
P.2 K A P LA N P UB L I S H I N G
, CONTENTS
Page
Index to questions and answers 4
Practice questions 1
Answers to practice questions 27
This set of practice questions is designed for use by Kaplan and external colleges who have adopted
Kaplan Publishing’s study material for this assessment.
We respectfully draw your attention to the copyright page of this publication and would remind
you that you should take every reasonable care to observe the restrictions placed on you and your
students’ use of this material.
The index to questions lists the topics which these practice questions cover. These topics broadly
correspond with the order of the topics in the study text.
The following icons accompany some questions.
Icon Title Explanation
Foundation These are questions to help ground your knowledge and
question consolidate your understanding on areas you’re finding tricky.
Extension These questions are for if you’re feeling confident or wish to
question develop your higher level skills.
You will find a wealth of other resources to help you with your studies on the AAT website:
www.aat.org.uk/
Quality and accuracy are of the utmost importance to us so if you spot an error in any of our
products, please send an email to with full details, or follow the
link to the feedback form in MyKaplan.
Our Quality Co-ordinator will work with our technical team to verify the error and take action to
ensure it is corrected in future editions.
KAPLAN P UBLI S H I N G P.3
Q2022
Business Environment
PRACTICE QUESTIONS
,AA T: BUSINESS ENVIRONMENT
We are grateful to the Association of Accounting Technicians for permission to reproduce past
assessment materials. The solutions have been prepared by Kaplan Publishing.
Published by
Kaplan Publishing UK
Unit 2 The Business Centre
Molly Millars Lane
Wokingham
RG41 2QZ
The text in this material and any others made available by any Kaplan Group company does not
amount to advice on a particular matter and should not be taken as such. No reliance should be
placed on the content as the basis for any investment or other decision or in connection with any
advice given to third parties. Please consult your appropriate professional adviser as necessary.
Kaplan Publishing Limited and all other Kaplan group companies expressly disclaim all liability to
any person in respect of any losses or other claims, whether direct, indirect, incidental,
consequential or otherwise arising in relation to the use of such materials.
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or
transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or
otherwise, other than for the sole purpose of making this publication available to the students of
the college, to whom this publication has been sent by Kaplan Publishing, who have purchased the
relevant Kaplan Publishing Textbook/Workbook for this unit.
© Kaplan Financial Limited, 2022
P.2 K A P LA N P UB L I S H I N G
, CONTENTS
Page
Index to questions and answers 4
Practice questions 1
Answers to practice questions 27
This set of practice questions is designed for use by Kaplan and external colleges who have adopted
Kaplan Publishing’s study material for this assessment.
We respectfully draw your attention to the copyright page of this publication and would remind
you that you should take every reasonable care to observe the restrictions placed on you and your
students’ use of this material.
The index to questions lists the topics which these practice questions cover. These topics broadly
correspond with the order of the topics in the study text.
The following icons accompany some questions.
Icon Title Explanation
Foundation These are questions to help ground your knowledge and
question consolidate your understanding on areas you’re finding tricky.
Extension These questions are for if you’re feeling confident or wish to
question develop your higher level skills.
You will find a wealth of other resources to help you with your studies on the AAT website:
www.aat.org.uk/
Quality and accuracy are of the utmost importance to us so if you spot an error in any of our
products, please send an email to with full details, or follow the
link to the feedback form in MyKaplan.
Our Quality Co-ordinator will work with our technical team to verify the error and take action to
ensure it is corrected in future editions.
KAPLAN P UBLI S H I N G P.3
