Day: January 21, 2026

Accounting Multiple Choice Question – 21 January 2026

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

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For the following example, select the type of internal control activity it represents?

– Monthly management accounts are compared to budget and differences investigated.

Select ONE answer:

  1. Authorisation
  2. Information processing
  3. Matching
  4. Performance review

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 – Analysis of actual performance against budget is performance review.

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