Accounting Multiple Choice Question – 30 March 2025

Keith, a chartered accountant, has recently been the subject of a complaint by one of his clients, Alex Ltd.

The initial stage of ICAEW’s complaints and disciplinary procedure will involve trying to find a practical solution such as giving an explanation or providing information to solve the problem.

This stage of the process is referred to as?

Select ONE answer:

1. Consideration
2. Arbitration
3. Investigation
4. Conciliation

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 == > Conciliation means trying to find a practical solution to a problem and will always precede other measures such as investigation and disciplinary proceedings.

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