Day: January 19, 2025

Accounting Multiple Choice Question – 19 January 2025

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

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Alex plc’s finance and accounting function wants to provide information to management on the company’s balanced scorecard.

This role would be undertaken as part of Alex plc’s?

Select ONE answer:

  1. Statutory audit requirement
  2. Financial reporting function
  3. Treasury management process
  4. Performance measurement system

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 4

  1. Not correct
  2. Not correct
  3. Not correct
  4. Correct == > The balanced scorecard is a performance measurement tool focused on a variety of performance measures important to a business, rather than purely financial ones.

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