Month: August 2025

Accounting Multiple Choice Question – 1 August 2025

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

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Which ONE of the following statements best describes the evidence obtained and the opinion given in a reasonable assurance engagement?

Select ONE answer:

  1. Sufficient appropriate evidence and a negative opinion
  2. Sufficient appropriate evidence and a positive opinion
  3. A lower level of evidence and a negative opinion
  4. A lower level of evidence and a positive opinion

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 2

  1. Not correct
  2. Correct == > Sufficient appropriate audit evidence is gathered and a positive opinion issued in a reasonable assurance engagement. A lower level of evidence coupled with a negative opinion applies to a limited assurance engagement.
  3. Not correct
  4. Not correct

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