2022年ACCA英国注册会计师考试模拟卷含答案第260期

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1、2022年ACCA英国注册会计师考试模拟卷含答案1. 简答题 Briefly discuss the strengths and weaknesses of ROI and Rl as methods of assessing the performance of divisions.考点 Chapter21Performancemeasurement解析 ROI is expressed as a percentage and is more easily understood by non-financial managers.ROI can be used to compare perf

2、ormance between different sized divisions or companies.It is not necessary to know the cost of capital in order to calculate ROI.ROI may lead to dysfunctional decisions. For instance, if a division has a very high ROI of say 40% and is considering a project with an ROI of 30% which is still well abo

3、ve the cost of capital of say 10%, then the project should be accepted as it provides a return well in excess of the cost of capital. The division may quite possibly reject the project, however, as when added to its existing operations it will reduce the ROI from 40%.Using residual income as a perfo

4、rmance measure should ensure that divisions make decisions which are in the best interests of the group as a whole and should eliminate the problem outlined in the previous paragraph.Different divisions can use different rates to reflect different risk when calculating residual income.Residual incom

5、e is not useful for comparing divisions of different sizes.Both residual income and ROI improve as the age of the assets increase and both provide an incentive to hang onto aged possibly inefficient machines.2. 单选题 Which of the following is true regarding the borrowing powers of companies?A All comp

6、anies registered under the Companies Act 2006 have an implied power to borrowB The members of public companies registered under the Companies Act 2006 must authorise thecompany to borrowC The Companies Act 2006 sets a maximum limit on the amount each type of company may borrow考点 Chapter16Loancapital

7、解析 All companies registered under the Companies Act 2006 have an implied power to borrow.3. 填空题 This objective test question 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 t

8、aking. At the end of 20X1, an investment centre has net assets of $1m and annual operatingprofits of $190,000. However, the bookkeeper forgot to account for the following: A machine with a net book value of $40,000 was sold at the start of the year for $50,000,and replaced with a machine costing $25

9、0,000. Both the purchase and sale are cashtransactions. No depreciation is charged in the year of purchase or disposal. The investmentcentre calculates return on investment (ROI) based on closing net assets. Assuming no other changes to profit or net assets, what is the return on investment (ROI)for

10、 the year? 考点 Chapter17Divisionalperformanceandtransferpricing解析 Revised annual profit = $190,000 + $10,000 profit on the sale of the asset = $200,000Revised net assets = $1,000,000 $40,000 NBV + $50,000 cash $250,000 cash +$250,000 asset = $1,010,000 ROI = ($200,000/$1,010,000) 100 = 19.8%4. 单选题 A

11、sample of 10% of ACCA students is required. Which ONE of the following methods will provide the best simple random sample?A Select every tenth ACCA student to arrive at their college/institute on one specific day.B Select randomly, using random number tables, one in ten of every ACCA class.C Select

12、10% of colleges/institutions providing ACCA courses, then from these chooseall students who are registered with ACCA.D Select 10% of all students registered with ACCA, giving each a chance of 0.1 of being picked.考点 Chapter2Sourcesofdata解析 Option A is not random - it is a systematic sample.Option B s

13、elects only those who are in a class - so it is NOT random.Option C, again, is not random as it only selects from 10% of colleges (and therefore does not include home study, or the other 90%).5. 材料题 材料全屏 In 20X5 two newspaper companies, Kudos Ltd and Lux Ltd, entered into an agreement in an attempt

14、tosafeguard their independent positions. Under the agreement, Kudos Ltd purchased 20% of Lux Ltdspreference shares which carry a preferred dividend of 10%. The board of directors of Lux Ltd have recently become disenchanted with their link with Kudos Ltd andwant encourage Kudos Ltd to sell its prefe

15、rence share in the company. To do this, the board of Lux Ltdproposes to reduce the dividend on all preference shares to 5%. 29 【论述题】 State what is meant by the term class rights 考点 考点：Chapter15Sharecapital解析 A companys shares confer certain rights on the members who own them. Where only one type of

16、shareexists the rights are normally the same, however different types of share will often confer different rights.For example preference shares usually entitle the member to a fixed dividend with priority of payment overordinary shares and priority over the repayment of capital (ahead of ordinary sh

17、ares) in the event of aliquidation. Other class rights may attach regarding voting or the right to remove a director. Any share thathas different rights from others is grouped with the other shares carrying identical rights to form a class.6. 单选题 In the context of debentures, which of the following

18、must be created using a debenture trust deed?A Debenture stockB A single debentureC Register of debenture holdersD Series debentures考点 Chapter16Loancapital解析 Out of the options, only debenture stock must be created using a debenture trust deed. Single and series debentures may use a debenture trust

19、deed but this is not compulsory.7. 单选题 What is the effect of a finding of contributory negligence in the law of tort?A It removes the requirement to pay damagesB It reverses the payment of damagesC It decreases the level of damages考点 Chapter7Thelawoftortsandprofessionalnegligence解析 If a claimant is

20、found to have contributed to their loss then damages will be reduced accordingly.8. 论述题 Fill in the blanks. The shadow price of a scarce resource indicates the amount by which contribution would. if an organisation were deprived of one unit of the resource. The shadowprice only applies while the ext

21、ra unit of resource can be obtained at its . cost. 考点 Chapter4Limitingfactoranalysis解析 The shadow price of a scarce resource indicates the amount by which contribution wouldfall if an organisation were deprived of one unit of the resource. The shadowprice only applies while the extra unit of resourc

22、e can be obtained at its normal variable cost.9. 单选题 An organisation restores its petty cash balance to $250 at the end of each month. During October, the total expenditure column in the petty cash book was calculated as being $210, and the imprest was restored by this amount. The analysis columns p

23、osted to the nominal ledger totalled only $200.Which one of the following would this error cause? A The trial balance being $10 higher on the debit sideB The trial balance being $10 higher on the credit sideC No imbalance in the trial balanceD The petty cash balance being $10 lower than it should be

24、考点 Chapter16Correctionoferrors解析 The cash book was credited with $210 reimbursement of petty cash. However, the nominal ledger was posted with only $200 of expenditure (debits). Therefore the credits are $10 higher than the debits.10. 材料题 材料全屏 Mick has operated a house building business as a sole tr

25、ader for a number of years. The business is growingand in recent times, Mick has taken out a loan to buy business assets. Mick is considering tendering for acouple of very large contracts that should earn the business substantial sums, but also increases hispotential liability if he is in breach of

26、contract. Now his accountant has recommended that he should consider registering as a company in order to gain thebenefits of separate corporate personality. 22 【论述题】 State what is meant by separate corporate personality 考点 考点：Chapter13Companyformation解析 Separate corporate personality means that com

27、pany is distinct as a separate legal person from its owners ormembers and hence a veil of incorporation exists between them. The distinction between a company andits members was clearly set out in Salomon v Salomon & Co Ltd 1897.11. 单选题 A company has established a marginal costing profit of $72,300.

28、 Opening inventory was 300 units and closing inventory is 750 units. The fixed production overhead absorption rate has been calculated as $5/unit. What was the profit under absorption costing? A $67,050B $70,050C $74,550D $77,550考点 Chapter9AbsorptionandmarginalCosting解析 There was an increase in inve

29、ntory in the period； therefore the absorption costing profit is higher than the marginal costing profit (because a larger amount of fixed overhead is carried forward in the closing inventory value). $Marginal costing profit 72,300Less: fixed costs in opening inventory (300 units x $5) (1,500)Add: fi

30、xed costs in closing inventory (750 units x $5) 3,750Absorption costing profit 74,55012. 单选题 A firm which bottles shampoo selects some filled bottles for examination.The procedure used is to select a random starting point x(xth bottle filled) and every bottle at an interval of y is then chosen for e

31、xamination.What is this type of sampling known as?A Multi-stageB RandomC SystematicD Stratified考点 Chapter2Sourcesofdata解析 This is the definition of systematic sampling.13. 单选题 Which of the following is true regarding privity of contract?A Third parties to a contract generally have enforceable rights

32、 under itB Only parties to a contract generally have enforceable rights under itC Privity of contract only relates to rights under a contract, not obligations考点 Chapter4FormationofcontractII解析 Privity of contract means that only parties to a contract have enforceable rights under it. The conceptappl

33、ies to both rights and obligations under a contract. Generally, third parties do not haveenforceable rights under a contract.14. 单选题 It is the LLP itself, rather than the partners personally, that enjoys the benefit of limited liability.A TrueB False考点 Chapter11Partnerships解析 False. It is the partne

34、rs of an LLP that enjoy limited liability.15. 单选题 Which of the following individuals can be considered an employee?A David who invoices his employer and is paid grossB Sally who may delegate her work to othersC Rob who is provided with his work tools by his employerD Jane who chooses the hours that

35、she works考点 Chapter8Contractofemployment解析 The provision of work tools by an employer is a sign that the person is an employee. The otheroptions indicate the person is self-employed.16. 单选题 Within how many months following the commencement of employment must the employer provide anemployee with a wr

36、itten statement of prescribed particulars?A 1 monthB 2 monthsC 3 monthsD 6 months考点 Chapter8Contractofemployment解析 The written statement of prescribed particulars must be provided within two months following thecommencement of employment.17. 单选题 The net present value of an investment at 12% is $24,0

37、00, and at 20% is -$8,000. What is the internal rate of return of this investment?A 6%B 12%C 16%D 18%考点 Chapter19Methodsofprojectappraisal解析 The internal rate of return (IRR) of the investment can be calculated using the following formula. IRR=a%+（A/A-BX(b-a)% where a= first interest rate =12% b=sec

38、ond interest rate =20% A =first NPV =$24,000 B =seconded NPV=$(8,000)IRR= 12% +(24,000/24,000+8,000x（20-12）%=12%+6%=18%18. 单选题 Which of the following leadership styles gives the most discretion or decision-making power to subordinates?A AutocraticB ConsultativeC DemocraticD Persuasive考点 Chapter11Lea

39、dingandmanagingpeople解析 Rationale: Democratic is a joins style: decision is more or less by vote or consensus. Consultative means that the leader takes subordinate views into account, but still makes the decision. Autocratic is basically a tells style and persuasive is a sells style.19. 单选题 Which of

40、 the following are on the job training methods? (i) Day-release (ii) Job rotation (iii) Coaching (iv) Temporary promotion A Method (iii) onlyB Methods (i) and (iii) onlyC Methods (ii), (iii) and (iv) onlyD Methods (i), (ii), (iii)and (iv) (2)考点 Chapter16Traininganddevelopment解析 Rationale: Day releas

41、e is off-the-job, because the learning comes from the employees attending a college or trainingcentre one day per week. The other methods are all on the job. Pitfalls: Note the variety of on the job methods: dont forget to include job rotation (which you might otherwise connect with job design and H

42、erzberg) and temporary promotion (which you might not think of as training). 20. 单选题 Which rule of statutory interpretation states that words in a statute should be given their plain, ordinarymeaning unless this would give rise to a manifest absurdity or inconsistency with the rest of the statute?A

43、Golden ruleB Mischief ruleC Contextual rule考点 Chapter2Sourcesoflaw解析 The golden rule states that words in a statute should be given their plain, ordinary meaning unlessthis would give rise to a manifest absurdity or inconsistency with the rest of the statute. The mischiefrule states that judges shou

44、ld consider what mischief the Act was trying to prevent. The contextualrule states that a word should be construed in its context.21. 单选题 BCD Co is a large trading company. Steve is the administration manager and is also responsible for legal andcompliancefunctions. Sheila is responsible for after s

45、ales service and has responsibility for ensuring that customers who have purchased goods from BCD Co are fully satisfied. Sunny deals with suppliers and negotiates on the price and quality of inventory. He is also responsible for identifying the most appropriate suppliers of plant and machinery for

46、the factory. Sam is the information technology manager and is responsible for all information systems within the company. According to Porters value chain, which of the managers is involved in a primary activity as opposed to a support activity? A SteveB SheilaC SunnyD Sam考点 Chapter2Thebusinessenvir

47、onment解析 Examiners comments: The examiners commented that only 31% of students chose the correct option. Steve, Sam, andSunny all have support roles and the words administration and information technology should have immediately indicateda support role for Steve and Sam. Sunnys procurement role was

48、not so clear cut but the responsibilities for dealing with thesuppliers are sufficient to conclude that Sunny also has a support role.22. 单选题 To establish a case of passing-off, what must the claimant prove?A The consumer purchased fake goodsB The defendant is using a similar business model to the c

49、laimantC The name of the defendants business is similar enough to the claimants to mislead the consumerD There is some similarity between the name of the defendants business and that of the claimant考点 Chapter7Thelawoftortsandprofessionalnegligence解析 Passing-off involves the use of a business name, t

50、rademark or description that is similar enough toanother business so that the consumer is misled to believe that one business is that of another.23. 简答题 Bytes Limited operates an IT consultancy business and uses a coding system for its elements of cost (materials, labour or overheads) and then furth

51、er classifies each element by nature (direct or indirect cost): Element of cost Code Nature of cost Code Materials A Direct 100 Indirect 200 Labour BDirect 100 Indirect 200 Overheads CDirect 100 Indirect200 What would the codes be for the following costs? Cost Code Salary of trainee IT consultant Pl

52、anning costs to renew lease of the office Wages of the office manager Cleaning materials used by cleaner 考点 Chapter4Costclassification解析 Cost CodeSalary of trainee IT consultant B 100Planning costs to renew lease of the office C 200Wages of the office manager B 200Cleaning materials used by cleaner

53、A 20024. 单选题 Sales (including sales tax) amounted to $27,612.50, and purchases (excluding sales tax) amounted to $18,000. What is the balance on the sales tax account, assuming all items are subject to sales tax at 17.5%? A $962.50 debitB $962.50 creditC $1,682.10 debitD $1,682.10 credit考点 Chapter13

54、Salestax解析 Output sales tax $27,612.50 x17.5/117.5 $4,112.50Input sales tax $18,000 x100 $3,150.00.Balance on sales tax a/c (credit) $962.5025. 材料题 Production and sales for Period 2 was as follows: Period 2 Units Sales 400 Production 500 There was no opening inventory in Period 2. Calculate the prof

55、it for Period 2 based on absorptioncosting principles. 考点 考点：Chapter1Costing解析 In period 2, closing inventory is 100 units higher than opening inventory. This means thatabsorption costing will report higher profits than marginal costing. The difference in profits is 100units OAR = 100 units $12 = $1

56、,200. So absorption profit = marginal profit + $1,200 = $4,000+ $1,200 = $5,200.Absorption costing operating statementInventory is valued at $30 + $12 = $42 per unit* 100 units at $42 per unit = $4,20026. 单选题 The following information is available for a hotel company for the latest thirty day period.Number of rooms available per night 40Percentage occupancy achieved 65%Room servicing cost incurred $3,900What was the room servicing cost per occupied room-night last period, to the nearest cent?A $3.25B $5.00C