2022年ACCA英国注册会计师考试密押卷带答案81

2022年ACCA英国注册会计师考试密押卷带答案1. 单选题 In which of the following situations will the courts lift the veil of incorporation?A Where a director commits fraudulent tradingB Where a member of a solvent company fails to pay the company what is outstanding on their sharecapitalC Where an employee commits a tort in the course of their employment考点 Chapter12Corporationsandlegalpersonality解析 Out of all the options, the courts will only lift the veil of incorporation with regard to fraudulenttrading by a director.2. 单选题 Which TWO of the following are stages that a Bill passes through before becoming legislation? (1) Report 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 stages in the other House and RoyalAssent.3. 材料题 Calculate the overhead cost of enquiries administration which would be allocated to a taxationcourse under activity based costing.考点 考点：Chapter2aActivitybasedcosting解析 Number of enquiries per taxation course = 70Cost of enquiries allocated to a taxation course = 70 $2.50 = $1754. 填空题 When anticipatory breach occurs, the injured party has two options. These are (1)_ (2)_ 考点 Chapter6Breachofcontractandremedies解析 When anticipatory breach occurs, the injured party has two options. These are(1) Treat the contract as discharged forthwith(2) Allow the contract to continue until there is an actual breach5. 单选题 Which of the following is an aim of the control system relating to accounts payable and purchases?A To ensure that all credit notes received are recorded in the general and payables ledgerB To ensure that goods and services are only supplied to customers with good credit ratingsC To ensure that all credit notes that have been issued are recorded in the general and receivables ledgersD To ensure that potentially doubtful debts are identified考点 Chapter8Theroleofaccounting解析 Rationale: All the other aims relate to the control system relating to receivables and sales.Pitfalls: You have to get straight in your mind which transactions and controls relate to payables/purchases and which toreceivables/sales.Ways in: Careful reading of the question should allow you to eliminate options B and D immediately (sales/supply, not purchases). You then have to think how credit notes work - but the fact that Option A mentions the purchase ledger, and Option C the sales ledger should lead you to the right answer6. 材料题 材料全屏 A company manufactures two joint products, P and R, in a common process. Data for June are as follows. $ Opening inventory 1,000 Direct materials added 10,000 Conversion costs 12,000 Closing inventory 3,000 Production Sales Sales price Units Units $ per unit P 4,000 5,000 5 R 6,000 5,000 10 64 【单项选择题】 If costs are apportioned between joint products on a sales value basis, what was the cost per unit of product R in June? A $1.25B $2.22C $2.50D $2.75考点 考点：Chapter12Processcosting,jointproductsandby-products解析 Total production inventory $Opening inventory1,000Direct materials added 10,000Conversion costs 12,000 23,000Less closing inventory 3,000Total production cost20,000 Apportioned Production Sale value cost Units $ $ P4.000(x $5) 20,000($20,000x20/80) 5,000 R 6,000 (x $10) 60,000 ($20,000X60/80) 15,00080,000 20,000Product R cost per unit = $15,000/6,000 = $2.50 per unit.7. 材料题 Tel Cos quick ratio is 0.49. If they sell half of their inventory to pay off part of the bank overdraft, what will happen to their quick ratio?A Stay the sameB IncreaseC Decrease考点 考点：Chapter21Performancemeasurement解析 New quick ratio = $37,400/($35,410 + $40,500 - $17,500) = 0.648. 单选题 When the court applies the maxim res ipsa loquitur, it is held that the facts speak for themselves and thedefendant does not have to prove anything, since the burden of proof is on the claimant.A TrueB False考点 Chapter7Thelawoftortsandprofessionalnegligence解析 False. The burden of proof under res ipsa loquitur is reversed, the defendant must prove that they werenot negligent.9. 单选题 A company produces and sells a single product whose variable cost is $6 per unit. Fixed costs have been absorbed over the normal level of activity of 200,000 units and have been calculated as $2 per unit. The current selling price is $10 per unit. How much profit is made under marginal costing if the company sells 250,000 units? A $500,000B $600,000C $900,000D $1,000,000考点 Chapter9AbsorptionandmarginalCosting解析 Contribution per unit = $(10 - 6) = $4 $Total contribution (250,000 x $4) 1,000,000Fixed overheads (200,000 x $2) 400,000Profit 600,00010. 材料题 What was the favourable material usage variance?A $2,500B $4,000C $7,500D $10,000考点 考点：Chapter21Performancemeasurement解析 $27,000 units should use (x 2 kg) 54,000kgbut did use 53,000kg 1,000 kg (F)x standard cost per kg 2.5Material usage variance 2,500(F)11. 材料题 材料全屏 Greg is a member of the board of directors of Huge plc. He also controls a private limited company, Imp Ltd,through which he operates a management consultancy business. He also owns all the shares in Jet Ltd,through which he conducts an investment business. When Greg learns that Huge plc is going to make a take-over bid for Kop plc, he arranges for Jet Ltd to buy alarge number of shares in Kop plc on the London Stock Exchange, on which it makes a large profit when itsells them after the takeover bid is announced. He then arranges for Jet Ltd to transfer the profit to Imp Ltdas the charge for supposed consultancy work. The money is then transferred to Greg through the declarationof dividends by Imp Ltd. 38 【论述题】 State what is meant by securities being price sensitive in the context of insider dealing 考点 考点：Chapter22Fraudulentandcriminalbehaviour解析 Price sensitive means that if the information is made public, it is likely to have a significant effect on shareprice.12. 单选题 A company purchased an asset on 1 January 20X3 at a cost of $1,000,000. It is depreciated over50 years by the straight line method (nil residual value), with a proportionate charge for depreciation in the year of acquisition and the year of disposal. At 31 December 20X4 the asset was re-valued to $1,200,000. There was no change in the expected useful life of the asset.The asset was sold on 30 June 20X5 for $1,195,000. What profit or loss on disposal of the asset will be reported in the statement of profit or loss of the company for the year ended 31 December 20X5? A Profit of $7,500B Profit of $235,000C Profit of $247,500D Loss of $5,000考点 Chapter8Tangiblenon-currentassets解析 Annual depreciation was initially $1,000,000/50 years = $20,000.After revaluation, annual depreciation is $1,200,000/48 years = $25,000. $Valuation, 1 January 20X5 1,200,000Accumulated depreciation to 30 June 20X5(6/12 x $25,000) 12,500Carrying amount at 30 June 20X5 1,187,500Sale/disposal price 1,195,000Profit on disposal in statement of profit or loss 7,50013. 材料题 State which of the parties is a de facto director考点 考点：Chapter18Companydirectors解析 Beni was not officially appointed as a director but is held out to be the companys managing director on its paperwork. He runs the business on Boos instructions and is therefore a de facto director.14. 论述题 Are variable production overhead variances based on hours paid or hours worked?考点 Chapter11Varianceanalysis解析 Variable production overhead variances are based on hours worked.15. 单选题 Whichof the following areas is not an advantage of using email as a communication tool?A SecurityB SpeedC Multiple recipientsD Versatility考点 Chapter18Personaleffectivenessandcommunication解析 Rationale: Security is a key vulnerability of email: there is no guarantee of privacy (and a risk ofaccidentally sending the message to the wrong person). The other options are significant strengths, however. If you hesitated over D, think about how email can be used for memos/reports/letters, and how many formats (visual, audio) can be attached to email messages.16. 单选题 Which TWO of the following are included in the content of a companys model articles of association? (1) Payment of dividends (2) Payment of charitable donations (3) Formation of a remuneration committee (4) Appointment of directors A 1 and 2B 1 and 4C 2 and 3D 2 and 4考点 Chapter14Constitutionofacompany解析 Payment of dividends and appointment of directors are included in the content of model articles ofassociation. Payment of charitable donations and formation of a remuneration committee are notincluded.17. 单选题 A business had a balance at the bank of $2,500 at the start of the month. During the following month, it paid for materials invoiced at $1,000 less trade discount of 20% and cash discount of 10%. It received a cheque from a customer in respect of an invoice for $200, subject to cash discount of 5%.What was the balance at the bank at the end of the month? A $1,970B $1,980C $1,990D $2,000考点 Chapter15Bankreconciliations解析 $Opening bank balance 2,500Payment ($1,000 - $200) x 90% (720)Receipt ($200 - $10) 190Closing bank balance 1,97018. 单选题 The following statements have been made about cost classifications. (1) Repairs under warranty are an external failure cost (2) Lower selling price for sub quality goods is an internal failure cost Which of the above statements is/are correct? A 1 onlyB 2 onlyC Both 1 and 2D Neither 1 nor 2考点 Chapter2eEnvironmentalaccounting解析 Both statements are true. Repairs after the products have left the factory are an externalfailure cost. Having to reduce the price before the products leave the factory are an internalfailure cost.19. 单选题 Caroline has recently developed a new product. The nature of Carolines work is repetitive,and it is usual for there to be an 80% learning effect when a new product is developed. Thetime taken for the first unit was 22 minutes. An 80% learning effect applies. What is the time to be taken for the fourth unit in minutes? A 17.6 minutesB 14.08 minutesC 15.45 minutesD 9.98 minutes考点 Chapter9Quantitativeanalysisinbudgeting解析 20. 单选题 Managers Jill and Paul are talking about how to resolve a business problem. Jill suggests that a committee should be formed to discuss the issues. Paul argues that committees are: (i) Time-consuming and expensive (ii) They invite a compromise instead of a clear-cut decision Which of these statements is true? A Both (i) and (ii)B (i) onlyC (ii) onlyD Neither statement is true考点 Chapter6Organisationalcultureandcommittees解析 Rationale： Time, expense and compromise decisions are some of the disadvantages of a committee so Paul is correct.There are, however, many advantages to committees as well21. 单选题 Which of the following sets the specific duties expected of a companys secretary?A The Articles of AssociationB The Companies ActC The Memorandum of AssociationD The Board of Directors考点 Chapter19Othercompanyofficers解析 It is the Board of Directors that sets the specific duties of the company secretary.22. 单选题 There are a number of ways in which investors can take an interest in a company and such different interestshave different rights attached to them. Which of the following NORMALLY participate in surplus capital? A Preference sharesB Ordinary sharesC Debentures secured by a fixed chargeD Debentures secured by a floating charge考点 Chapter15Sharecapital解析 Only ordinary shareholders have the right to share in surplus capital.23. 单选题 The mnemonic SPAMSOAP is often used to remember the range of financial control procedures. What does the O stand for in this mnemonic? A OperationsB OrganisationC Oversight考点 Chapter9Control,securityandaudit解析 Rationale: Organisation in this context means identifying reporting lines, levels of authority and responsibility to ensure that everyone is aware of their control responsibilities. The full mnemonic stands for: Segregation of duties； Physical； Authorisation and approval； Management； Supervision； Organisation； Arithmetical and accounting； and Personnel.24. 单选题 Which of the following statements about contingent assets and contingent liabilities are correct? 1 A contingent asset should be disclosed by note if an inflow of economic benefits is probable. 2 A contingent liability should be disclosed by note if it is probable that a transfer of economic benefits to settle it will be required, with no provision being made. 3 No disclosure is required for a contingent liability if it is not probable that a transfer of economic benefits to settle it will be required 4 No disclosure is required for either a contingent liability or a contingent asset if the likelihood of a payment or receipt is remote A 1 and 4 onlyB 2 and 3 onlyC 2, 3 and 4D 1, 2 and 4考点 Chapter11Provisionsandcontingencies解析 A possible transfer of economic benefits should be disclosed. Where transfer is probable aprovision should be made25. 单选题 Which of the following is not a key risk area for computer fraud?A HackersB Lack of managerial understandingC Inability to secure access to dataD Integration of data systems考点 Chapter10Identifyingandpreventingfraud解析 Rationale： There are plenty of ways of securing access to data, using available software tools：password protection, encryption and so on. (Of course, the firm has to use them, but that is a separate issue!) Hackers areunauthorised people breaking into the system. Lack of managerial understanding creates loopholes in controls, and the ability to conceal fraud by technical staff. Integrated systems also help to conceal fraud, by ensuring that alterations to records are consistent: fewer discrepancies to trigger investigation 26. 单选题 Six Co owns 80% of the equity share capital of Seven Co. At 31 December 20X4, the trade receivables and trade payables of the two companies were as follows： Six CoSeven Co Trade receivables$64,000$39,000 Trade payables$37,000$48,000 These figures include $30,000 that is owed by Seven Co to Six Co for the purchase of goods, for which Six Co has not yet paid. These goods were sold by Six Co for a profit of $15,000 and 50% of them were still held as inventory by Seven Co at 31 December 20X4. What should be the amounts for trade receivables and trade payables in the consolidated statement of financial position as at 31 December 20X4? A Tradereceivables $73,000, Trade payables$55,000B Tradereceivables $88,000, Trade payables$70,000C Tradereceivables $95,000, Trade payables$77,000D Tradereceivables $103,000, Trade payables $85,000考点 Chapter23Introductiontoconsolidatedfinancialstatements解析 The $30,000 owed by Seven Co to Six Co is included within the receivables of Six Co and the payables of Seven Co. These intra-group balances should be eliminated for the purpose of consolidation. Trade receivables = $(64,000 + 39,000 - 30,000) = $73,000 Trade payables = $(37,000 + 48,000 - 30,000) = $55,000The unrealised profit on closing inventory will be an adjustment to inventory on consolidation, and does not affect consolidated receivables and payables. 27. 单选题 What amount should appear in the groups consolidated statement of financial position at 31 December 20X2 for non-controlling interest? A $49,000B $58,000C $51,000D $42,000考点 Chapter23Introductiontoconsolidatedfinancialstatements解析 Non-controlling interest $Fair value of NCI at acquisition 42,000Plus NCIs share of post-acqn retained earnings (10% x (160 - 90)7,000NCI at reporting date 49,00028. 简答题 Explain what is meant by a standard hour.考点 Chapter20Standardcosting解析 A standard hour is the amount of work achievable, at standard efficiency levels in an hour.29. 单选题 Which of the following statements is NOT a lawful excuse for failing to perform contractual obligations?A Actual performance is impossibleB Both parties agreed to non-performanceC Performing the contract will cause the party concerned financial hardship考点 Chapter6Breachofcontractandremedies解析 Performance which is impossib