Day: November 23, 2025

Accounting Multiple Choice Question – 23 November 2025

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

Photo by Pixabay on Pexels.com

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

Select ONE answer:

  1. The possibility that staff members will collude in fraud 
  2. Lack of controls over the purchasing system
  3. Lack of staff to ensure segregation of duties
  4. Lack of controls over the inventory system

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 => The last three options are incorrect as they are control deficiencies, rather than inherent limitations of an internal control system as such.
  2. Not correct
  3. Not correct
  4. Not correct

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.