Day: November 12, 2025

Accounting Multiple Choice Question – 12 November 2025

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

For each of the two statements about the information system in a company, select whether they are true or false.

Example 1 – The information system comprises only the IT system of a company.

Example 2 – The information system includes the process of preparing the financial statements, such as the production of journals.

Select ONE answer:

  1. Example 1. False and Example 2. False
  2. Example 1. False and Example 2. True
  3. Example 1. True and Example 2. False
  4. Example 1. True and Example 2. True

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 =>  The information system comprises all the information (be it in hardcopy or electronic form) that flows into the financial statements and includes the whole process of financial statement preparation.
  3. Not correct
  4. Not correct

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