
The Financial Reporting Council consists of?
Select ONE answer:
- Two divisions – the Conduct Division and the Codes a n d Standards Division
- Two divisions – the Accountancy Division and the Actuarial Division
- Three divisions – the Audit Regulation Division, the Accountancy Oversight Division and the Professional Discipline Division
- Three divisions – the Conduct Division, the Codes Division and the Standards Division
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
- Correct == > The FRC consists of Conduct Division and the Codes and Standards Division.
- Not correct
- Not correct
- Not correct

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