Day: January 23, 2026

Accounting Multiple Choice Question – 23 January 2026

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

Bash and Co, the auditor of Alex Manufacturing Ltd has identified the following deficiency within that business’s
accounting system.

For the deficiency identified below, select the MOST likely consequence which might arise because of this deficiency.

  • Goods inwards are not checked.

Select ONE answer:

  1. False invoices could be paid
  2. Accepting inferior quality goods
  3. Services received are not accurately recorded
  4. The Supplier Will become unhappy with Alex Manufacturing Ltd

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 – 1 is incorrect as it does not relate to the goods inwards stage of the purchase system. 3 is also erroneous, as the question refers to goods and not services.
  3. Not correct
  4. Not correct

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