Accounting Multiple Choice Question – 2 April 2026

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

Which ONE of the following best describes the term ‘operational audit’?

Select ONE answer:

  1. Any audit performed by the internal auditor
  2. An audit of the operational processes of the organisation
  3. An audit performed by the operations director
  4. A statutory audit

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 – An operational audit is just one type of work carried out by the internal auditor. Another audit work activity might include, for example, investigation into a suspected fraud. Therefore, the term does not apply to all internal audit work.
  3. Not correct
  4. Not correct

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