2022年ACCA英国注册会计师考前难点冲刺押题卷带答案209

2022年ACCA英国注册会计师考前难点冲刺押题卷带答案1. 材料题 材料全屏 Katch Ltd is a small private company. Although there are three members of its board of directors, the actual day-to-day running of the business is left to one of them, Len, who simply reports back to the board on the business he has transacted. Len refers to himself as the Chief Executive Officer of Katch Ltd, although he has never been officially appointed as such.  Six months ago Len entered into a contract on Katch Ltd's behalf with Mo to produce some advertising material for the company. However Katch Ltd did not wish to proceed with the advertising campaign and the board of directors have refused to pay Mo, claiming that Len did not have the necessary authority to enter into the contract with him.  25 【论述题】 Explain a director's express authority  考点 考点：Chapter18Companydirectors解析  A director's express authority to enter into a particular contract is granted formally by the board of directors. Where such express authority is given, the company will be bound by the agreement. 2. 单选题 In a selection interview, the interviewer asks: 'Surely you'd agree that objectivity is a key requirement for an auditor?' What sort of question is this? A OpenB ClosedC Problem-solving D Leading考点 Chapter12Recruitmentandselection解析 Rationale: A leading question pushes the interviewee to give a certain answer. (In this case, it isobvious that the interviewerexpects the interviewee to agree.) An open question requires self-expression； a closed question invites a one word either/or answer, and a problem-solving question presents candidates with a situation and asks them to say how they would deal with it.Pitfalls: This is an easy aspect of interviewing technique to set questions on: make sure you can identify all types of questions.3. 单选题 Which type of law is concerned with the function and operation of local authorities?A Public Law B  Private Law C  Common Law D  Equity 考点 Chapter1Lawandthelegalsystem解析 Public law is concerned with the operation of the Government and public organisations such as Councils and Local Authorities.4. 单选题 Which of the following statements is correct?A The operating standards set for production should be the most ideal possibleB The operating standards set for production should be the minimal levelC The operating standards set for production should be the attainable levelD The operating standards set for production should be the maximum level考点 Chapter20Standardcosting解析 It is generally accepted that the use of attainable standards has the optimum motivational impact on employees. Some allowance is made for unavoidable wastage and inefficiencies, but the attainable level can be reached if production is carried out efficiently.5. 单选题 A purchase return of $48 has been wrongly posted to the debit of the sales returns account, but has been correctly entered in the supplier's account.Which of the following statements about the trial balance would be correct? A The credit side to be $48 more than the debit sideB The debit side to be $48 more than the credit sideC The credit side to be $96 more than the debit sideD The debit side to be $96 more than the credit side考点 Chapter16Correctionoferrors解析 Debits will exceed credits by 2 x $48 = $966. 单选题 In which of the following circumstances would an employer be vicariously liable for the acts of an employee? A  Where the loss or damage was caused by the employee when performing the duties they were employed to do B  Where the loss or damage was caused by the employee, but they were not on company business at the time of the incident C  Where the employee has a valid defence to liability and the injured party has no other course of action available to them 考点 Chapter7Thelawoftortsandprofessionalnegligence解析 Employers are only vicariously liable where the loss or damage was caused by the employee when performing the duties they were employed to do.7. 单选题 From the following information regarding the year to 31 August 20X6, what is the accounts payable payment period? You should calculate the ratio using purchases as the denominator. $ Sales 43,000 Cost of sales 32,500 Opening inventory 6,000 Closing inventory 3,800 Trade accounts payable at 31 August 20X6 4,750 A 40 daysB 50 daysC  53 daysD  57 days考点 Chapter26Interpretationoffinancialstatements解析 Purchases = $(32,500 - 6,000 + 3,800)=$30,3008. 单选题 In which of the following circumstances must a public company re-register as a private company? A  If the market value of its shares falls below the nominal value of the shares B  If it has makes trading losses for three consecutive years C  If it fails to pay its corporation tax liability D  If its share capital falls below £50,000 考点 Chapter13Companyformation解析 A public company must re-register as a public company if its share capital falls below £50,000.9. 单选题 The trainee accountant at Judd Co has forgotten to make an accrual for rent for December in thefinancial statements for the year ended 31 December 20X2. Rent is charged in arrears at the end of February, May, August and November each year. The bill payable in February is expected to be $30,000. Judd Cos draft statement of profit or loss shows a profit of $25,000 and draft statement of financial position shows net assets of $275,000. What is the profit or loss for the year and what is the net asset position after the accrual has been included in the financial statements? Profit for the year  Net asset position A $15,000                        $265,000B $15,000                       $285,000C $35,000                       $265,000D $35,000                      $285,000考点 Chapter10Accrualsandprepayments解析 An accrual should be made for $10,000 ($30,000/3 months).The double entry to record the accrual in the accounts is：Dr Expenses (SPL) $10,000Cr Accruals (SOFP) $10,000This reduces profit from $25,000 to $15,000An accrual is a liability and so will reduce the net asset position, from $275 ,000 to$265,000  Remember that net assets = assets - liabilities 10. 单选题 Are the following statements about debit entries true or false? 1 A debit entry in the cash book will increase an overdraft in the accounts. 2 A debit entry in the cash book will increase a bank balance in the accounts A Both trueB Both falseC  1 true and 2 falseD 1 false and 2 true考点 Chapter5Ledgeraccountsanddoubleentry解析 When cash is received by a business, a debit entry is made in the cashbook. A receipt of cash decreases an overdraft and increases a bank balance. 11. 单选题 The following information is available for a single product:   Units produced                                                       500   Time taken                                                               200 hours   Maximum time available                                       200 hours   Materials purchased           1,000 kg costing      $3,000   Materials used                                                          800 kg   Labour costs                                                             $2,000   Overheads                                                                $1,500   Sales                                                                         $9,000  What is the throughput accounting ratio for this product?  A  0 B  1.00 C  1.50 D  1.70 考点 Chapter2dThroughputaccounting解析 The throughput accounting ratio is defined as throughput/total factory costs (these can both be calculated per hour, but that is, more work for the same answer). Throughput = sales all material costs = $9,000 $3,000 = $6,000 (Note that we use materials purchased instead of materials used.) Total factory costs 5 all other production costs = $2,000 + $1,500 = $3,500 TA ratio = $6,000/$3,500 = 1.7. 12. 单选题 This question appeared in the June 2015 exam.  When activity based costing is used for environmental accounting, which statement is correct for environment-related costs and environment-driven costs?  A  Environment-related costs can be attributed to joint cost centres and environment-driven costs cannot be B Environment-driven costs can be attributed to joint cost centres and environment-related costs cannot be C  Both environment-related costs and environment-driven costs can be attributed to joint cost centres D  Neither environment-related costs nor environment-driven costs can be attributed to joint cost centres 考点 Chapter2eEnvironmentalaccounting解析  This is the correct option as environment-driven costs are allocated to general overheads, not joint cost centres. 13. 单选题 Which TWO of the following social, domestic and family contracts would be presumed by the courts as intended to be legally binding?  (1) An agreement where a father offers to pay his daughter a monthly allowance if she continues her education  (2) An agreement between friends to enter a newspaper competition together and share any prizes between them  (3) An agreement between a husband and wife who have separated for one to rent the family home from the other  (4) An agreement by a son to pay his mother housekeeping money while he stays at home  A  1 and 3 B 1 and 4 C  2 and 3 D  2 and 4 考点 Chapter4FormationofcontractII解析 Agreements from a husband and wife who have separated, and between friends who have entered acompetition, have both been held by the courts as legally binding agreements. Payment of a monthlyallowance and housekeeping money are not viewed as intending to be legally binding.14. 单选题 Which of the following strategies would be immediately acceptable methods to reduce an identified cost gap? A  Reduce the desired margin without discussion with business owners B  Reduce the predicted selling price C  Source similar quality materials from another supplier at reduced cost D  Increase the predicted selling price 考点 Chapter2bTargetcosting解析 To reduce the acceptable margin would normally require agreement from the owners and altering selling prices in any direction is not valid as the start point of target costing is to find a competing products price, this cannot be changed. 15. 材料题 Calculate the overhead cost of enquiries administration which would be allocated to a taxation course under activity based costing. 考点 考点：Chapter2aActivitybasedcosting解析 Number of enquiries per taxation course = 70 Cost of enquiries allocated to a taxation course = 70 × $2.50 = $175 16. 单选题 Which of the following is the correct definition of an adjusting event after the reporting period?A An event that occurs between the reporting date and the date on which the financial statements are authorised for issue that provides further evidence of conditions that existed at the reporting date B An event that occurs between the reporting date and the date on which the financial statements are authorised for issue that provides evidence of conditions that arose subsequent to the reporting date C An event that occurs after the date the financial statements are authorised for issue that provides further evidence of conditions that existed at the reporting dateD  An event that occurs after the date the financial statements are authorised for issue that provides evidence of conditions that arose subsequent to the reporting date 考点 Chapter21Eventsafterthereportingperiod解析 An adjusting event after the reporting date is event that occurs between the reporting date andthe date on which the financial statements are authorised for issue that provides further evidence of conditions that existedat the reporting date. The event must occur aft authorised for issue.17. 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 version of the exam they are taking.  A company manufactures two products, C and D, for which the following information is available:                                                                                    Product C                    Product D                   Total  Budgeted production (units)                                  1,000                            4,000                      5,000  Labour hours per unit/in total                                        8                                  10                    48,000  Number of production runs required                         13                                  15                            28  Number of inspections during production                 5                                     3                              8  Total production set up costs $140,000  Total inspection costs $80,000   Other overhead costs $96,000  Other overhead costs are absorbed on the basis of labour hours per unit.  Using activity-based costing, what is the budgeted overhead cost per unit of product D?  考点 Chapter2aActivitybasedcosting解析 Set-up costs per production run = $140,000/28 = $5,000  Cost per inspection = $80,000/8 = $10,000 Other overhead costs per labour hour = $96,000/48,000 = $2 Overheads costs of product D:  Set-up costs (15 × $5,000) $75,000 Inspection costs (3 × $10,000) $30,000  Other overheads (40,000 × $2) $80,000 So total overhead costs pf product D: $185,000 and overhead cost per unit = 185,000/ 4,000 = $46.25 18. 单选题 Abe issued an invitation to tender for a contract and Bea submitted her terms.  Which of the following statements is accurate?  A  Abe made an offer which Bea accepted B  Abe made an invitation to treat and Bea made an offer C  Both Abe and Bea made invitations to treat D  Abe made an offer and Bea made a counter-offer 考点 Chapter3FormationofcontractI解析 An invitation to tender is not an offer but an invitation to treat. Bea made an offer when she submittedher terms.19. 单选题 Which of the following costs would NOT be classified as a production overhead cost in a food processing company?A The cost of renting the factory buildingB The salary of the factory managerC The depreciation of equipment located in the materials storeD The cost of ingredients考点 Chapter4Costclassification解析 The cost of the ingredients is a direct material cost.20. 单选题 A company had opening inventory of 48,500 units and closing inventory of 45,500 units. Profits based on marginal costing were $315,250 and on absorption costing were $288,250. What is the fixed overhead absorption rate per unit?A $5.94B $6.34C $6.50D $9.00考点 Chapter9AbsorptionandmarginalCosting解析 Decrease in inventory levels = 48,500 - 45,500 = 3,000 unitsDifference in profits = $315,250 - $288,250 = $27,000Fixed overhead per unit = $27,000/3,000 = $9 per unitIf you selected one of the other options you attempted various divisions of all the data available in the question!21. 单选题 Which of the following describes the liability of a sole trader for the debts of the business? A  Unlimited liability B  Limited by the amount they guarantee to pay on winding-up C  Limited by the amount of capital in the business 考点 Chapter12Corporationsandlegalpersonality解析  A sole trader has unlimited liability for the debts of the business. 22. 单选题 Which of the following material events after the reporting period and before the financial statements are approved by the directors should be adjusted for in those financial statements? 1 A valuation of property providing evidence of impairment in value at the reporting period 2 Sale of inventory held at the end of the reporting period for less than cost 3 Discovery of fraud or error affecting the financial statements 4 The insolvency of a customer with a debt owing at the end of the reporting period which is still outstanding A All of themB 1, 2 and 4 onlyC 3 and 4 onlyD 1, 2 and 3 only考点 Chapter21Eventsafterthereportingperiod解析 All of these events are indicative of conditions that existed at the reporting period23. 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 two 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 2 B  2 and 3 C  2 and 4 D  3 and 4 考点 Chapter12Corporationsandlegalpersonality解析 A public company is required to have a minimum of one member and two directors. Public companies cannot have unlimited liability. Public company names must end with 'plc'.24. 单选题 Before a private company can hold a general meeting on short notice, members holding a certain percentage of the company's shares must agree. Which one of the following percentages is correct? A 51% B  90% C 75%D  95% 考点 Chapter20Companymeetingsandresolutions解析  90% 25. 单选题 A government body uses measures based on the 3Es to measure value for money generated by a publicly funded hospital. It considers the most important performance measure to be 'cost per successfully treated patient'  Which of the 3Es best describes the above measure?  A ExternalityB EconomyC EfficiencyD Effectiveness考点 Chapter18Furtheraspectsofperformancemanagement解析 Efficiency26. 单选题 Which of the following parties does a company auditor owe their duty of care to in respect of their audit report? A  The members personally B  The directors C  The creditors D  The company as a whole 考点 Chapter8Contractofemployment解析  Every employee is entitled to a minimum of 28 days' holiday leave. 27. 单选题 Mr Smith has a limited income which restricts the number of different goods he can buy. Which one of the following best describes the position at which Mr Smith's utility from purchasing different goods is maximised?A Marginal utility from each good is equalB Marginal utility from each good is 0C Ratio of marginal utility to price is equal for each good考点 Chapter4Microeconomicfactors解析 Rationale: Imagine you can buy a second car for $10,000 or buy a bike for $100 and they both give you the same extra utility. You wouldn't choose to buy the car as you're paying much more to achieve the same utility as you could get from buying the bike. If you get 10 times more utility for one thing compared to another you'd be prepared to pay 10 times more for it28. 单选题 Which of the following individuals can be considered an employee? A David who invoices his employer and is paid gross B  Sally who may delegate her work to others C Rob who is provided with his work tools by his employer D  Jane who chooses the hours that 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 other options indicate the person is self-employed.29. 材料题 Wages are paid 75% in the month of production and 25% in the following month. be included in the cash budget for May in respect of wages? A $222,600B $231,000C $233,800D $235,200考点 考点：Chapter16Thebudgetaryprocess解析