Accounting Multiple Choice Question – 13 May 2026

Which ONE of the following statements is NOT correct?

When using analytical procedures, assurance providers should ……

Select ONE answer:

1. consider whether the information they might require will be available
2. consider the knowledge gained during previous assurance engagements
3. consider NOT using information that has been internally generated at the entity
4. consider the source of the information and whether it is reliable

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 3

1. Not correct
2. Not correct
3. Correct – the assurance provider may use information that has been internally generated at the entity, provided he is satisfied that information has been properly prepared.
4. Not correct

This work is licensed under a Creative Commons Attribution 4.0 International License.