Accounting Multiple Choice Question – 3 June 2021

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

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A company does not include the value of skills gained by its employees from training programmes in its financial statements. 

Which accounting principle is being applied?

Select ONE answer:

  1. consistency
  2. materiality
  3. money measurement
  4. substance over form

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 3

  1. Not correct
  2. Not correct
  3. Correct
  4. Not correct

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