Accounting Multiple Choice Question – 28 October 2025

The following options are types of tests that might be carried out by an assurance provider.

For the example given, select the financial statement assertion that is being tested.

• Tracing non-current assets which have been observed in use back to the non-current asset register

Select ONE answer:

1. Existence
2. Classification
3. Completeness
4. Tests of controls only

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 3

1. Not correct
2. Not correct
3. Correct – Tracing non-current assets back to the non-current asset register ensures that this balance is recorded accurately.
4. Not correct

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