Accounting Multiple Choice Question – 4 September 2026

Lucy, an audit junior, has been asked to test the completeness of certain items in the income statement.

She has carried out the following tests.

For each test carried out, select whether that test proves the assertion of completeness, does NOT prove the assertion of completeness, it depends on the size of the business, or needs to be referred to a senior colleague for approval.

• Analytical procedures on revenue figures, budget v actual and actual current year v actual previous year

Select ONE answer:

1. Consult a senior colleague
2. Depends on the size of the business
3. Does not prove completeness
4. Proves completeness

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 4

1. Not correct
2. Not correct
3. Not correct
4. Correct – Analytical procedures are useful for detecting incomplete figures (i.e., the auditor can calculate what figure he expects and then compare the actual to it).

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