Day: November 15, 2025

Accounting Multiple Choice Question – 15 November 2025

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

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The following are examples of internal controls which operate at Alex plc.

For the example below, select the type of control activity which it illustrates.

The financial controller (Lucy) reconciles the receivables ledger to the receivables ledger control account monthly.

Select ONE answer:

  1. Information processing
  2. Segregation of duties
  3. Performance review
  4. Physical control

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 – Reconciliations are information processing activities undertaken to verify the completeness and accuracy of information.
  2. Not correct
  3. Not correct
  4. Not correct

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