Accounting Multiple Choice Question – 16 December 2025

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

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Which ONE of the following is a reason why organisations need to have an effective system of control?

To help the organisation in …..

Select ONE answer:

  1. maximising its profitability
  2. managing its assets and liabilities
  3. cutting down the time needed for the audit
  4. complying with laws and regulations

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 => Complying with laws and regulations is a primary reason why organisations need an effective system of control. The other options may result from that effective internal control system.

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