Accounting Multiple Choice Question – 10 December 2024

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

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Alex who is the information systems manager of Lucy plc is very keen that all data input into the company’s databases should be complete and accurate.

As part of his information management role, Alex makes use of range checks.

The use of range checks should help to deliver?

Select ONE answer:

  1. Completeness only
  2. Accuracy only
  3. Both accuracy and completeness
  4. Neither accuracy nor completeness

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 2

  1. Not correct
  2. Correct == > A range check can give some assurance that a value is accurate (for example, months in a date should be from 1 to 12). A range check can give no assurance that all transactions have been accounted for.
  3. Not correct
  4. Not correct

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