Accounting Multiple Choice Question – 15 January 2025

Ken is an accountant with Alex plc.

Ken was recently asked to join a project team looking into Alex plc’s compliance with both FRC and IASB standards.

It appears, therefore, that Ken has been recruited into this project team in order to exploit his expertise in?

Select ONE answer:

1. Financial reporting
2. Performance measurement
3. Capital budgeting
4. Strategic management accounting

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 1

1. Correct == > Financial reporting involves preparing financial information including the financial statements, tax and regulatory reporting.
2. Not correct
3. Not correct
4. Not correct

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