Day: December 3, 2025

One of the five elements of internal control is “monitoring of controls”.

• Which ONE of the following is an activity which would be used to monitor controls?

Select ONE answer:

1. Authorisation of purchase invoices before they are paid
2. Authorisation of purchase orders by the department manager
3. Management’s review of whether bank reconciliations are being prepared on a timely basis
4. Authorisation of sales invoices before being issued to the client for accuracy and completeness

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 3

1. Not correct
2. Not correct
3. Correct => All the other options are specific control activities (relating to authorisation).
4. Not correct

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