Accounting Multiple Choice Question – 13 August 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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In any assurance engagement, there are a number of parties involved.

Select which party prepares the subject matter?

Select ONE answer:

  1. Responsible party
  2. Practitioner
  3. User
  4. The public

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 == > It is the responsible party that prepares the subject matter. The practitioner is responsible for gathering evidence. The user is the party who receives the final report.
  2. Not correct
  3. Not correct
  4. Not correct

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