Accounting Multiple Choice Question – 21 January 2026

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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