Day: October 29, 2025

Accounting Multiple Choice Question – 29 October 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 is not an assertion used by the auditor about account balances at the period end?

Select ONE answer:

  1. Existence
  2. Accuracy, valuation and allocation
  3. Completeness
  4. Cut-Off

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 – is incorrect because cut-off relates to classes of transactions (ISA (UK) 315)

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