Accounting Multiple Choice Question – 11 December 2024

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

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

As part of his information management role, he uses control totals.

Using control totals should help to deliver what type of comfort to Alex?

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 3

  1. Not correct
  2. Not correct
  3. Correct == > A pre-established control total will reconcile if data is subsequently entered inaccurately, or not all data is entered. The control total, therefore, addresses both completeness and accuracy.
  4. Not correct

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Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor

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