18. Which statement is related to a cash flow statement? A Reports on the liquidity of business assets B Shows the cash outflow and inflow of the business C Shows the ability of the business to pay its debts D Help businesses expand their business overseas (1 Mark) 19. Miss Barakah is the owner of Mini Market Barakah. She has prepared financial statements for the year ending 31 December 2022. Why does she need to prepare financial statements? A Ensure that the investment was used optimally B Attracting new investors to invest C Determine the amount of taxable income D Allow bonus claims and salary increments to be made (1 Mark) 20. Information below relates to Mr. Azrex who needs a financial statement. Who is Mr. Azrex? A Competitor B Investor C Owner D Supplier (1 Mark) 21. Adrian Sdn. Bhd. supplies shirts to boutiques across the country. This company incurs fixed costs amounting to RM300,000. The selling price of a shirt is RM180 and the variable cost of a shirt is RM95. How many shirts should be sold to ensure that the company does not incur losses? A 1,091 B 1,667 C 3,158 D 3,530 (1 Mark) 22. Mr. Zul is the owner of MZB Enterprise. In the financial year ending 31 December 2022, MZB Enterprise's total sales amounted to RM1,250,000. The costs incurred by MZB Enterprise are as follows: What is the gross profit of MZB Enterprise? A RM 765,000 B RM 780,000 C RM800,000 D RM1,215,000 (1 Mark) 23. Which statement relates to a business plan? A A document that describes the direction and strategy of the business B A document that explains the steps to be taken to develop a business C A document that compares current and future business performance D A document that is the master plan of the business to be carried out (1 Mark) 24. Which statement is the importance of preparing a business plan? A Ensure that the business can achieve the set sales target B Take care of the risks that arise when doing business C Increase business competitiveness in the market D Ensure that the business can achieve the set profit target (1 Mark) 25. Which of the following are stakeholders who need a business plan? I Government agencies II Trade unions III Funders IV Creditors A I and II B I and IV C II and III D III and IV (1 Mark)