Day: May 22, 2025

Accounting Multiple Choice Question – 22 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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Alex has become aware of theft from his employer, Big Staffie plc, by one of its directors.

Alex wishes to bring this to the attention of the company but is not aware of how to do so in line with the UK Corporate Governance Code.

Who within a company is responsible for reviewing arrangements by which staff may, in confidence, bring matters such as this to the attention of the company?

Select ONE answer:

  1. The company chairman
  2. The board of directors
  3. The non-executive directors
  4. The audit committee

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 == > This is set out in provisions supporting C3 (accountability: audit committee and auditors) of the Code.

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