2022年ACCA英国注册会计师考前密押冲刺卷111

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1、2022年ACCA英国注册会计师考前密押冲刺卷1. 单选题 Which costing method is based around a calculation involving a desired profit margin and a competitive market price?A Activity Based CostingB Total Quality ManagementC Target costingD Life cycle costing考点 Chapter13Alternativecostingprinciples解析 Target costing involves s

2、etting a target cost by subtracting a desired profit margin from a competitive market price.2. 单选题 Whichof the following assertions about statement of cash flows is/are correct? 1A statement of cash flows prepared using the direct method produces a different figure foroperating cash flow from that p

3、roduced if the indirect method is used. 2Rights issues of shares do not feature in statements of cash flows. 3A surplus on revaluation of a non-current asset will not appear as an item in a statement of cashflows. 4A profit on the sale of a non-current asset will appear as an item under Cash Flows f

4、rom InvestingActivities in a statement of cash flows. A 1 and 4B 2 and 3C 3 onlyD 2 and 4考点 Chapter22Statementsofcashflows解析 1The direct and indirect methods will give the correct figure.2A rights issue of shares is a cash flow.4 The profit on sale of a non-current asset appears as an adjustment to

5、profit in order to reach net cash flow from operations.3. 单选题 Which of the following statements about IAS 2 Inventories is correct?A Production overheads should be included in cost on the basis of a companys normal level of activity in the period. B In arriving at the net realisable value of invento

6、ries, trade discounts and settlement discounts must be deducted. C In arriving at the cost of inventories, FIFO, LIFO and weighted average cost formulas are acceptable. D It is permitted to value finished goods inventories at materials plus labour cost only, without adding production overheads. 考点 C

7、hapter7Inventory解析 Trade discounts should be deducted but not settlement discounts. IAS 2 does not allow the useof LIFO. Production overheads are part of the costs of conversion part of the valuation.of finished goods and do form 4. 单选题 A company can confirm a pre-incorporation contract by performin

8、g it or obtaining benefits from it.A TrueB False考点 Chapter13Companyformation解析 False. The company must make a new contract on similar terms.5. 单选题 Under which circumstance will a court reduce the award of damages to a claimant?A The claimant intervened in the chain of causalityB A natural event occu

9、rred which caused additional damageC The claimant contributed to the loss they sufferedD The defendant acknowledged they were to blame考点 Chapter7Thelawoftortsandprofessionalnegligence解析 This option is contributory negligence.6. 单选题 In regards to a company changing its articles of association, which

10、of the following statements is correct?A A company must send copies of the amended articles to the Registrar of Companies within 28 days of the amendment taking placeB A company may only change its articles once in a financial yearC A company requires a special or written resolution with a 75% major

11、ity to change its articles考点 Chapter14Constitutionofacompany解析 A special or written resolution with a 75% majority is sufficient to change a companys articles. There is no restriction on the number of times a year the articles may be changed. Copies of the amended articles must be submitted to the R

12、egistrar within 15 days of the amendment taking effect.7. 单选题 Which of the following correctly describes the purpose of current Equal Pay regulations?A To ensure that there is no element of sexual or racial discrimination in determining pay ratesB To provide that job evaluation must be used in deter

13、mining pay ratesC To provide that women have the right to equal pay to work of equal value to that of menD To ensure that women have the right to equal pay to men in the same job考点 Chapter13Diversityandequalopportunities解析 Rationale: The right to equal pay for work of equal value was established by

14、the Equal Pay(Amendment) Regulations 1984.This does not imply that the woman has to be in the same job (option D). Job evaluation is recommended as a way of establishing relative values of jobs, but is not compulsory (option B). Equal Pay deals only with sexual discrimination - not race or other gro

15、unds.8. 单选题 The initial disposal of the proceeds of an illegal activity into apparently legitimate business activity is known as what?A PlacementB LayeringC Integration考点 Chapter10Identifyingandpreventingfraud解析 Rationale: The order is placement, layering and integration9. 论述题 This objective test qu

16、estion contains a question type which will only appear in a computer-based exam, but this question provides valuable practice for all students whichever versionof the exam they are taking. While a drag and drop style question is impossible to fully replicate within a paper basedmedium, some question

17、s of this style have been included for completeness. Which of the following are said to be benefits of lifecycle costing? It provides the true financial cost of a product The length of the lifecycle can be shortened Expensive errors can be avoided in that potentially failing products can be avoided

18、Lower costs can be achieved earlier by designing out costs Better selling prices can be set Decline stages of the lifecycle can be avoided Drag the items selected into the box below: 考点 Chapter2cLifecyclecosting解析 Benefits are: It provides a true financial cost of a product Expensive errors can be a

19、voided in that potentially failing products can be avoided Lower costs can be achieved earlier by designing out costs Better selling prices can be set.Note: Shortening the length of a lifecycle is not desirable and decline (for mostproducts) inevitable.10. 单选题 A company determines its order quantity

20、 for a component using the Economic Order Quantity (EOQ) model. What would be the effects on the EOQ and the total annual ordering cost of an increase in the annual cost of holding one unit of the component in inventory? A EOQ Total annual ordering cost Lower Higher B EOQ Total annual ordering cost

21、HigherLower C EOQ Total annual ordering cost LowerNo effect D EOQ Total annual ordering cost HigherNo effect 考点 Chapter6Accountingformaterials解析 The formula for the EOQ has the holding cost as the denominator. If this increases, the EOQ will be lower. A lower EOQ means that more orders will have to

22、be placed each year; therefore, the total annual ordering cost will increase.11. 单选题 Which TWO of the following are examples of content theories of motivation? (1)Maslows hierarchy of needs (2)Vrooms expectancy theory (3)Herzbergs two factor theory (4)Kolbs experiential theory A (1) and (2)B (2) and

23、 (4)C (2) and (3)D (1) and (3)考点 Chapter15Motivatingindividualsandgroups解析 Vroom is a process theory, while Kolbs theory relates to learning and is not a theory on motivation.12. 单选题 In the context of personnel specifications, the Seven Point Plan (Rodger) does not explicitly include which of the fo

24、llowing headings? A Physical make-upB InterestsC MotivationD Circumstances考点 Chapter12Recruitmentandselection解析 Rationale: Motivation is a heading in an alternative method of person specification (the Five Point Pattern of Personality, by J Munro Fraser). Rodgers Seven Points are: physical make-up,

25、attainments (qualifications), general intelligence, special aptitudes, interests, disposition (temperament) and circumstances. 13. 单选题 Which TWO of the following are true regarding public companies? (1) A public company must have a minimum of two members (2) A public company must have a minimum of t

26、wo directors (3) A public company cannot be an unlimited liability company (4) A public company must have ltd at the end of its name A 1 and 2B 2 and 3C 2 and 4D 3 and 4考点 Chapter12Corporationsandlegalpersonality解析 A public company is required to have a minimum of one member and two directors. Publi

27、ccompanies cannot have unlimited liability. Public company names must end with plc.14. 单选题 Wanda Co allows customers to return faulty goods within 14 days of purchase. At 30 November 20X5 a provision of $6,548 was made for sales returns. At 30 November 20X6, the provision was re-calculated and shoul

28、d now be $7,634 What should be reported in Wanda Cos statement of profit or loss for the year to 31 October 20X6 in respect of the provision? A A charge of $7,634B A credit of $7,634C A charge of $1,086D A credit of $1,086考点 Chapter11Provisionsandcontingencies解析 The provision should be increased by

29、$1,086, the double entry is therefore Dr Expenses, CrProvision.15. 材料题 材料全屏 A firm makes special assemblies to customers orders and uses job costing. The data for a period are: Job number Job number Job number AA10 BB15 CC20 $ $ Opening WIP 26,800 42,790 0 Material added in period 17,275 0 18,500 La

30、bour for period14,500 3,500 24,600 The budgeted overheads for the period were $126,000. Job number BB15 was completed on the last day of the period. 50 【单项选择题】 What overhead should be added to job number CC20 for the period? A $65,157B $69,290C $72,761D $126,000考点 考点：Chapter10Job,batchandservicecost

31、ing解析 The most logical basis for absorbing the overhead job costs is to use a percentage of direct labour cost.Overhead = $24,600$/(14,500 + 3,500 + 24,600) X$126,000=$24,600/$42,600X$126.000=$72,76116. 材料题 Explain whether Andy can claim damages from Hazelwood Ltd in respect of: (i) The damage to hi

32、s car (ii) The injury to his leg 考点 考点：Chapter5Contentofcontracts解析 The Unfair Contract Terms Act 1977 applies to commercial contracts such as in this situation. It dividesexclusion clauses into two types; those that are void and those that are valid only as far as they arereasonable. Under s2, liab

33、ility for personal injury or death due to negligence may never be excluded. Anexemption for loss due to negligence in other circumstances will be valid only insofar as it is reasonable.Reasonableness is to be considered with reference to the parties obligations of skill and care.(i) The exclusion cl

34、ause seeking to exempt Hazelwood Ltd from liability for the damage to Andys truckwill only be valid if it is reasonable. Courts will take into account all the circumstances that wereknown, or ought to have been known by the parties when the contract was made and it will be up toHazelwood Ltd to prov

35、e that the clause was reasonable. The company would be unlikely to succeed inavoiding liability for damage to Andys truck since it is reasonable to expect its driver not to benegligent in operating such a tow vehicle. Andy can claim damages.(ii) Taking into account s2 of UCTA 1977, Hazelwood Ltd wou

36、ld not be able to rely on the exclusionclause to avoid liability for the injuries to Andy that arose from its negligence due to the actions of thetowing vehicles driver. Andy can claim damages.17. 单选题 Which TWO of the following are stages that a Bill passes through before becoming legislation? (1) R

37、eport stage (2) Committee stage (3) Fourth reading (4) Approval stage A 1 and 2B 1 and 3C 2 and 3D 2 and 4考点 Chapter2Sourcesoflaw解析 The stages that a Bill passes through before becoming legislation are: First reading, second reading,committee stage, report stage, third reading, pass through same sta

38、ges in the other House and RoyalAssent.18. 简答题 A manufacturing company uses 28,000 components at an even rate during the year. Each order placed with the supplier of the components is for 1,500 components, which is the economic order quantity. The company holds a buffer inventory of 700 components.

39、The annual cost of holding one component in inventory is $B. What is the total annual cost of holding inventory of the component? $ O 考点 Chapter6Accountingformaterials解析 Buffer Inventory + (EOQ -r2) x Annual holding cost per component =f700 units + (1500 units + 2) x $3.00 = $4,35019. 单选题 Misty Cos

40、budgetary control report for last month is as follows： Fixed budget Flexed budget Actual results $ $ $ Direct costs 61,100 64,155 67,130 Production overhead55,000 56,700 54,950 Other overhead10,00010,000 11,500 126,100130,855 133,580 What was the volume variance for last month? A $4,755 (A)B $2,725

41、(A)C $4,755 (F)D $2,725 (F)考点 Chapter15Budgeting解析 The volume variance for last month was $4,755 AdverseThe volume variance is the increase in cost resulting from a change in the volume of activity, ie the difference between the original budget and the flexed budget. Volume variance = $126,100 - $13

42、0,855=$4,755 (A)20. 材料题 Explain how the companys debts will be paid out of its liquidated assets考点 考点：Chapter21Insolvencyandadministration解析 Company assets:Land valued at 20,000Other assets 10,000 (7,750 plus 2,250 raised from the shareholders)Companys liabilities:Secured loan 20,000Business credito

43、rs 10,000Bank overdraft 10,000The sale of the land will be used to repay the secured loan and this will leave assets of 10,000 to paycreditors of 20,000. The business creditors and the bank will therefore receive half their money back. Thiswould leave the business creditors and the bank owed 5,000 e

44、ach.21. 单选题 Which of the following is an interpersonal role of management, in Mintzbergs classification of ninemanagerial roles?A SpokespersonB FigureheadC NegotiatorD Resource allocator考点 Chapter11Leadingandmanagingpeople解析 Rationale: Interpersonal roles are based on the managers formal authority:

45、they include the roles of figurehead, leader and liaison. Informational roles are based on the managers position in internal and external information networks: they include monitor, spokesperson and disseminator. Decisional roles relate to the work of the managers department: entrepreneur, disturban

46、ce handler, resource allocator and negotiator.22. 单选题 The term secondary stakeholders describes which group of stakeholders?A Stakeholders who conduct transactions with the organisationB Stakeholders who have a contractual relationship with the organisationC Stakeholders who do not have a contractua

47、l relationship with the organisation考点 Chapter1Businessorganisationsandtheirstakeholders解析 Rationale: Secondary stakeholders are stakeholders who do not have a contractual relationshipwith the organisation.Primary stakeholders are stakeholders who do have a contractual relationship with the organisa

48、tion.23. 单选题 To whom should the internal audit department of an organisation report?A The Finance DirectorB The audit committee of the board of directorsC The shareholders考点 Chapter8Theroleofaccounting解析 Rationale: In order to control the risks of fraud and error, the internal audit department shoul

49、d be separate from the financedepartment24. 单选题 Which of the following is subject to the least direct regulation?A Employment protectionB Corporate social responsibilityC Corporate governance考点 Chapter7Corporategovernanceandsocialresponsibility解析 Rationale: Employment protection is just one example

50、of an area which is subject to law.Corporate governance is an areawhich is subject to codes of best practice (and law in some countries). CSR is therefore the area subject to least regulationand most managerial discretion.25. 单选题 A one-year investment yields a return of 15%. The cash returned from t

51、he investment, including principal and interest, is $2,070. What is the interest?A $250B $270C $300D $310.50考点 Chapter19Methodsofprojectappraisal解析 $2,070 = 115% of the original investment. Original investment = 1050/115x $2,070=$1,800.Interest= $2,070 - $1,800=$270Option D is calculated (incorrectl

52、y) as follows. x/$2,070=15%.x = 0.15 x $2,070 =$310.50Make sure that you always tackle this type of question by establishing what the original investment was first.26. 单选题 In which of the following circumstances will a director be personally liable for the debts of the company?A Where the companys A

53、rticles of Association state that they are liableB Where a creditor has told them they are liableC Where they have breached their fiduciary duties考点 Chapter18Companydirectors解析 Directors will be liable for a companys debts if the Articles of Association say that they are. Theremay be financial penal

54、ties for a director who breaches their fiduciary duties, but taking over personalresponsibility for the companys debts is unlikely to be one of them.27. 简答题 Gilbert pic is a furniture manufacturer. How would he classify the following costs? Cost Fixed Variable Semi-variable Directors salary Wood Ren

55、t of factory Phone bill - includes a line rental Factory workers wage 考点 Chapter4Costclassification解析 Cost Fixed Variable Semi-varbleDirectors salary对Wood 对Rent of factory 对Phone bill - includes a line rental 对Factory workers wage 对28. 单选题 The following, with one exception, are protectionist measures in international trade. Which is the exception?A Import quotasB Subsidies f