Day: October 24, 2026

Accounting Multiple Choice Question – 24 October 2026

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

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Which ONE of the following is NOT a reason why the accounting profession needs ethical codes?

Select ONE answer:

  1. The law requires it
  2. Accountants have access to confidential information
  3. Assurance providers claim to give an independent view
  4. The financial community relies on accountants

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 – There is no CURRENT legal requirement for ethical codes.
  2. Not correct
  3. Not correct
  4. Not correct

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