Day: March 3, 2026

Accounting Multiple Choice Question – 3 March 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 statement below about the internal controls over payroll, select whether the statement is True, False, No Significant or Material Impact, or No Impact.

  • The payroll should be checked back to individual employee personnel records regularly.

Select ONE answer:

  1. True
  2. False
  3. No Significant or Material Impact
  4. No Impact

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 1

  1. Correct
  2. Not correct
  3. Not correct
  4. Not correct

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