Accounting Multiple Choice Question – 7 April 2025

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

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Kevin is a management consultant, and he has made the following statements concerning methods of regulating the accountancy profession.

  • Statement 1 ICAEW has direct responsibility for dealing with professional misconduct by its members
  • Statement 2 ICAEW has direct responsibility for acting as adviser to the government on necessary legislative changes
  • Statement 3 ICAEW has direct responsibility for confirming eligibility for the performance of reserved activities under statutory powers delegated by the government

Which of the statements that Kevin made above are true?

Select ONE answer:

  1. 1 and 2 only
  2. 2 and 3 only
  3. 1 and 3 only
  4. 1,2 and 3

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 == > True False True
  4. Not correct

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