Accounting Multiple Choice Question – 8 April 2025

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

Accounting
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The Financial Reporting Council consists of?

Select ONE answer:

  1. Two divisions – the Conduct Division and the Codes a n d Standards Division
  2. Two divisions – the Accountancy Division and the Actuarial Division
  3. Three divisions – the Audit Regulation Division, the Accountancy Oversight Division and the Professional Discipline Division
  4. 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

  1. Correct == > The FRC consists of Conduct Division and the Codes and Standards Division.
  2. Not correct
  3. Not correct
  4. Not correct

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