Accounting Multiple Choice Question – 22 November 2025

Which ONE of the following represents an inherent limitation of a system of internal controls?

Select ONE answer:

1. Lack of controls over the purchasing system
2. Lack of staff to ensure segregation of duties
3. Lack of controls over the inventory system
4. Lack of understanding of the purposes of controls

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 => The first three options are incorrect as they are control deficiencies, rather than inherent limitations of an internal control system as such.

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