Accounting Online Program Certification Practice Test

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Prepare for the Accounting Online Program Certification Test. Use flashcards and multiple choice questions with detailed explanations. Ace your accounting certification exam with confidence!

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How many units did Mickey Ltd sell at £20 each on 21 June?

  1. 75

  2. 60

  3. 50

  4. 40

The correct answer is: 75

To determine how many units Mickey Ltd sold at £20 each on 21 June, one would typically refer to relevant sales records or transaction logs for that specific date. In this case, the answer indicates that 75 units were sold, which implies that the company had a robust sales performance on that particular day. The figure of 75 units sold could be supported by various factors such as promotional activity, seasonal demand, or cultivated customer relationships leading to increased sales. By analyzing sales data and historical trends, one could conclude that the company has successfully engaged its customer base, especially on that date, driving a high volume of sales. In contrast, the other options presented suggest lower sales figures. For instance, if the company sold 60, 50, or 40 units, it would suggest lesser demand or other underlying issues preventing maximum sales potential. However, the data confirming the sale of 75 units highlights the company's successful transaction frequency and effectiveness in reaching its market, showcasing a strong operational performance on that specific day. Therefore, the correct answer of 75 units reflects a significant achievement for Mickey Ltd in terms of sales volume for that date.