Accounting Multiple Choice Question – 12 February 2026

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

Accounting

The following process describes aspects of the purchase system in operation at Alex plc:

For the process, select whether it represents a significant strength, a significant deficiency, a minor impact or no impact on the system.

  • When goods are subsequently received, the buyer is solely responsible for checking the quantity received against the record of telephone orders.

Select ONE answer:

  1. a minor impact
  2. a significant deficiency
  3. no impact
  4. a significant strength

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 – Deficiency – The buyer only checks the goods received to ensure that the quantities are the same as was ordered.
  3. Not correct
  4. Not correct

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