Day: July 26, 2026

Accounting Multiple Choice Question – 26 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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Auditors seek written representations from management to support oral representations made during the audit.

For the following statement in relation to a statutory audit, select whether a written representation is of no relevance, depends on the type of business, required or not required.

  • A material item, subject to management judgement, for which no other evidence could reasonably be expected to exist.

Select ONE answer:

  1. False
  2. No relevance
  3. Depends on the type of business
  4. True

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 – Auditors may ONLY obtain written representations to support other audit evidence (ISA 580)
  2. Not correct
  3. Not correct
  4. Not correct

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