Day: October 25, 2026

Accounting Multiple Choice Question – 25 October 2026

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

ICAEW qualified auditors acting in the UK are subject to which ONE of the following sets of rules, regulations or standards?

Select ONE answer:

  1. IESBA Code of Ethics
  2. ICAEW Code of Ethics
  3. The Law Society’s Ethical Standard
  4. The Code of Ethics set by the Government

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 2

  1. Not correct
  2. Correct – ICAEW qualified auditors acting in the UK are subject to the ICAEW Code and the FRC Ethical Standard.
  3. Not correct
  4. Not correct

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