Accounting Multiple Choice Question – 30 December 2025

Which ONE of the following controls does not prevent misappropriation of customers’ remittances?

Select ONE answer:

1. Segregation of duties between cash handling and recording
2. Investigation of differences between till records and cash collected
3. Post opening by two people
4. Regular banking

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 => Investigation of differences between the till records and cash collected is not a preventative control activity but a detective activity, i.e., it happens after the fact.
3. Not correct
4. Not correct

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