Accounting Multiple Choice Question – 18 April 2026

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

Many auditors use two types of audit files: a current audit file and a permanent audit file.

For the following document, select whether it is most likely to be included in the current audit file, permanent audit file, both or neither.

  • Engagement Letter

Select ONE answer:

  1. Current audit file
  2. Permanent audit file
  3. Both
  4. Neither

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 – The engagement letter will be held on the permanent audit file
  3. Not correct
  4. Not correct

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