Accounting Multiple Choice Question – 4 June 2025

Big Staffie plc operates its own internal audit function, choosing not to make use of an external supplier for these services.

Considering this policy, it is vital that arrangements are established within the company to ensure that there is no compromise of the?

Select ONE answer:

1. Independence of the internal auditors
2. Integrity of information security systems
3. Stewardship of directors
4. Rigour of financial reporting processes

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 == > An effective internal audit function has, as a fundamental requirement, to always maintain its independence
2. Not correct
3. Not correct
4. Not correct

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