Day: July 4, 2026

Accounting Multiple Choice Question – 4 July 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 statement below, select whether it is true, false, of no importance, or it depends on the size of the company with respect to test data.

  • Test data can be used to help calculate ratios.

Select ONE answer:

  1. True
  2. Of no importance
  3. False
  4. It depends on the size of the company

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 – Audit software (not test data) can be used to help in the calculation of ratios.
  4. Not correct

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