Accounting Multiple Choice Question – 19 November 2025

Which ONE of the following would NOT be a good source of information about a company’s systems?

Select ONE answer:

1. The prior year audit file
2. The company’s procedures manual
3. The internal audit function’s system notes
4. Inquiries made of company staff

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 => While the prior year audit file will be useful, the system may have changed in the intervening period.
2. Not correct
3. Not correct
4. Not correct

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