Accounting Multiple Choice Question – 2 November 2026

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

Which ONE of the following bodies does NOT issue ethical guidance?

Select ONE answer:

  1. ICAEW
  2. IAASB
  3. IESBA
  4. FRC

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 – The IAASB issues ISAs but does NOT currently issue ethical guidance.
  3. Not correct
  4. Not correct

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