Day: May 2, 2025

Accounting Multiple Choice Question – 2 May 2025

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

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A financial system comprises which ONE of the following?

Select ONE answer:

  1. Governance structures
  2. Regulators
  3. Fair mindedness
  4. Intermediaries

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 == > Intermediaries, Securities and Markets all relate to a generic financial system. Governance structures, Regulators and Fair Mindedness may or may not exist within a particular system, but they are by no means basic elements of it.

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