Day: March 15, 2026

Accounting Multiple Choice Question – 15 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 internal controls over payroll, select whether they are true, false, of no importance and/or of no material importance.

  • Agreeing gross earnings and total tax deducted with taxation returns helps to ensure that employees are being paid the correct amounts.

Select ONE answer:

  1. False
  2. True
  3. Of no importance
  4. Of no material importance

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 – This helps ensure that the correct amounts are paid to HMRC, rather than employees.Not correct
  2. Not correct
  3. Not correct
  4. Not correct

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