Day: March 31, 2025

Accounting Multiple Choice Question – 31 March 2025

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

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ICAEW’s Investigation Committee has recently investigated a complaint brought by a client against Bash and Co, a firm of chartered accountants.

The Investigation Committee has found that there is a case to answer and has offered an unpublicised caution to the firm.

The firm does not, however, agree that there is a case to answer.

In such circumstances, Bash and Co have a right to ask that the case be considered by the ……?

Select ONE answer:

  1. Appeal Committee
  2. Disciplinary Committee
  3. Financial Reporting Council
  4. Prudential Regulation Authority

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 == > If members disagree with a decision of the Disciplinary Committee (rather than the Investigation Committee) then cases might be referred to the Appeal Committee. Neither the Financial Reporting Council nor the Prudential Regulation Authority is relevant in this context.
  3. Not correct
  4. Not correct

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