ACCA F1测试题

　　In the context of work planning and personal development planning,a SMART framework is often used as a checklist of the characteristics of effective goals.

　　What does the'M'in SMART stand for?

　　A.Measurable

　　B.Motivational

　　C.Memorable

　　D.Manageable

　　答案：A

　　解析：SMART is'Specific,Measurable,Attainable,Relevant and Time-bounded',although versions differ.Manageable and Motivational are both very plausible-and also qualities of effective goals-but you wouldn't want to replace'measurable',which is essential(otherwise,how will you know when you've reached your goal?).

　　ACCA F2测试题

　　Which of the following statements is/are correct?1.The data used to prepare financial accounts and management accounts are the same2.Information for decision-making should incorporate uncertainty in some way.

　　A.1 only

　　B.2 only

　　C.Both are false

　　D.Both are true

　　答案：D

　　解析：Statement 1 is true.However,the way the data is analyzed is different.Statement 2 is true and this is why cost accounting is,in general,unsuitable for decision-making.

　　ACCA F3测试题

　　W is registered for sales tax.The managing director has asked four staff in the accounts department why the output tax for the last quarter does not equal 17.5%of sales(17.5%is the rate of tax).

　　Which one of the following four replies she received was not correct?

　　A.The company sold some products to businesses not registered for sales tax

　　B.The company made some sales of exempt products

　　C.The company made some sales of zero-rated products

　　D.The company had some exports that were not liable to sales tax

　　答案：A

　　解析：The other options could all be reasons why the output tax does not equal 17.5%of sales."The company sold some products to businesses not registered for sales tax"is incorrect as it makes no difference whether the customer is registered for sales tax or not.

　　ACCA F4测试题

　　Which of the following is not a statutory duty of a director under the Companies Act 2006?

　　A.Duty to promote the success of the company.

　　B.Duty to exercise independent judgement.

　　C.Duty to act within powers.

　　D.Duty to avoid transactions with the company.

　　答案：D

　　解析：The other options are statutory duties.Duty to act within powers(s171).Duty to promote the success of the company(s172).Duty to exercise independent judgement(s173)

　　ACCA F5测试题

　　VPS Is a large manufacturing business that Is Introducing an activity based costing system into its business.VPS ships components via 1ts own logistics operation to its central manufacturing center In Glasgow from a wide variety of locations.It is attempting to identify the correct cost driver for the cost pool called'component handling'.

　　Which of the following would be the correct figure to use?

　　A.Average components per unit

　　B.Total number of components shipped

　　C.Average distance travelled by a component

　　D.Total components-distance travelled

　　答案：D

　　解析：A total figure is needed and assuming distance travelled increases the costs of handling,then the correct answer is D.

　　ACCA F6测试题

　　Which of the following will be partially subject to tax as property income?

　　A.The grant of a 60 year lease from a freehold.

　　B.The assignment of a 70 year lease.

　　C.The assignment of a 10 year lease.

　　D.The grant of a 10 year lease from a freehold

　　答案：D

　　解析：he premium,less 2%of the premium for each complete year of the lease except the first is assessed as property income on the grant of a short lease(a lease of 50 years or less).There are no property income implications on the assignment of a lease,nor on the grant of a lease of more than 50 years.

　　ACCA F7测试题

　　A manufacturing entity receives a grant of$1m to purchase a machine on 1 January 20X3.The grant will be repayable if the company sells the asset within 4 years,which it does not intend to do.The asset has a useful life of 5 years.

　　What is the deferred income liability balance at 30 June 20X3?

　　A.$900,000

　　B.$800,000

　　C.$875,000

　　D.$750,000

　　答案：A

　　解析：The grant should be released over the useful life,not based on the possibility of the item being repaid.Therefore the$1m should be released over 5 years,being a release of$200,000 a year.At 30 June 20X1,6 months should be released,meaning$100,000 has been released.This leaves$900,000 in deferred income.If you selected B you have released a full year of the grant.If you selected C or D,you have released the grant over the potential repayment period rather than the useful life.

　　ACCA F8测试题

　　Which of the following best describes a'value for money'audit?

　　A.The audit of the environmental,economic and sustainability policies and procedures of a company.

　　B.The audit of the treasury function within government departments.

　　C.The audit of payroll software in the private sector.

　　D.An audit of the economy,efficiency and effectiveness of a department,function or other business unit.

　　答案：D

　　解析：An audit of the economy,efficiency and effectiveness of a department,function or other business unit(often in the public sector),is the best deion of a value for money audit.Such audits are now commonly conducted in the public sector.

　　ACCA F9测试题

　　Which of the following is an example of a financial objective that a company might choose to pursue?

　　A.Dealing honestly and fairly with customers on all occasions

　　B.Provision of good working conditions and industrial relations

　　C.Producing environmentally friendly products

　　D.Restricting the level of gearing to below a specified target level

　　答案：D

　　解析：This is a financial objective that relates to the level of financial risk that the company is prepared to accept.The other objectives are non-financial.