Day: December 22, 2025

Accounting Multiple Choice Question – 22 December 2025

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

The following is an example of an internal control which operates at Big Staffie plc.

In each example, select which control activity is illustrated:

– The financial accountant signs the bank reconciliation, which was prepared by a member of his staff.

Select ONE answer:

  1. Information processing
  2. Authorisation
  3. Performance review
  4. Segregation of duties

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 2

  1. Not correct
  2. Correct =>   Authorisation showing that the accountant has reviewed the reconciliation.
  3. Not correct
  4. Not correct

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