2022-2023年ACCA英国注册会计师试题库带答案第178期

2022-2023年ACCA英国注册会计师试题库带答案1. 单选题 During 20X4, B, a limited liability company, paid a total of $60,000 for rent, covering the period from 1 October 20X3 to 31 March 20X5. What figures should appear in the companys financial statements for the year ended 31 December 20X4? comprehensiveincomefinancial position Statement of profit or loss and otherStatement of $ $ A 40,000 10,000 PrepaymentB 40,000 15,000 PrepaymentC 50,000 10,000 AccrualD 50,000 15,000 Accrual考点 Chapter10Accrualsandprepayments解析 Statement of profit or loss and other comprehensive income = $60,000 x 12/18=$40,000Statement of financial position =$60,000 x 3/18 prepayment = $10,0002. 单选题 Which of the following is the title of the liquidator involved in a compulsory liquidation?A National receiverB Official liquidatorC Official receiverD National liquidator考点 Chapter21Insolvencyandadministration解析 The official receiver is the liquidator in charge of a compulsory liquidation.3. 单选题 Which of the following contracts will the Consumer Rights Act 2015 apply to?A The supply of commercial goods from one business to anotherB A contract made in relation to family lawC A mobile phone contract from a telecommunications company to a private individualD An employment contract考点 Chapter5Contentofcontracts解析 The Consumer Rights Act 2015 only applies to business-to-consumer contracts. The other optionsare examples of contracts that are therefore outside from the scope of the Act.4. 单选题 An inexperienced bookkeeper has drawn up the following receivables ledger control account： RECEIVABLES LEDGER CONTROL ACCOUNT $ $ Opening balance 180,000Credit sales 190,000 Cash from credit customers 228,000 Irrecoverable debts written off 1,500 Sales returns 8,000 Contras against payables2,400 Cash refunds to credit customers 3,300 Closing balance (balancing figure)229,60 0Discount allowed 4,200 423,500 423,500 What should the closing balance be after correcting the errors made in preparing the account? A $130,600B $129,200C $142,400D $214,600考点 Chapter14Controlaccounts解析 RECEIVABLES LEDGER CONTROL ACCOUNTOpening balance $ Cash from credit customers $1 80,000 228,000Credit sales 190,000 Irrecoverable debts written off 1,500Cash refunds 3,300 Sales returns 8,000 373,300 Discount allowed 4,200 Contras 2,400Closing 129,200 373,3005. 单选题 A manufacturing company operates a standard absorption costing system. Last month 25,000 production hours were budgeted and the budgeted fixed production overhead cost was $125,000. Last month the actual hours worked were 24,000 and the standard hours for actual production were 27,000.What was the fixed production overhead capacity variance for last month?A $5,000 AdverseB $5,000 FavourableC $10,000 AdverseD $10,000 Favourable考点 Chapter21Performancemeasurement解析 Standard fixed overhead absorption rate per hour = $125,000/25,000 = $5 per hourFixed overhead volume capacity varianceBudgeted hours of work 25,000 hrsActual hours of work24,000 hrsFixed overhead volume capacity variance 1,000 hrs (A)x standard fixed overhead absorption rate per hour x $5Fixed overhead volume capacity variance in $5,000(A)6. 单选题 An employee is not entitled to redundancy pay if they resign voluntarily before being made redundant evenif they were aware of the possibility of redundancy.A TrueB False考点 Chapter9Dismissalandredundancy解析 True, as they are not being made redundant.7. 单选题 Which of the following is a common law duty of an employee?A Obedience to all employer instructionsB To hold a reasonable level of qualificationsC To take reasonable care and skill in performing their work考点 Chapter8Contractofemployment解析 Reasonable care and skill is a common law duty of an employee. Employees do not have to obey allinstructions (for example they can refuse to put their health and safety at risk). They have a duty ofreasonable competence, but this does not refer to qualifications.8. 简答题 Discuss one potential problem that might be experienced as a result of using ROI to appraise the performance of the divisions.Recommend one alternative performance measure that could be used to address this problem.考点 Chapter21Performancemeasurement解析 The use of ROI as a performance measure might lead to dysfunctional behaviour by divisional managers. They might be tempted to avoid investing capital in their respective divisions. This would reduce the average capital employed in order to achieve a higher level of ROI.Residual income (Rl) is an alternative measure of divisional performance. It encourages divisional managers to make new investments if they add to Rl. A new investment might add to Rl but reduce ROI. In such a situation, measuring the performance by Rl would reduce the probability of dysfunctional behaviour.9. 单选题 In the context of quality costs, what would customer compensation costs and test equipment running costs be classified as?A Customer compensation costs Test equipment running costs Internal failure costs Prevention costs B Customer compensation costs Test equipment running costs Internal failure costs Appraisal costs C Customer compensation costs Test equipment running costs External failure costs Appraisal costs D Customer compensation costs Test equipment running costs External failure costs Prevention costs 考点 Chapter13Alternativecostingprinciples解析 External failure costs are those incurred due to poor quality of goods delivered to customers； therefore this includes compensation costs.Appraisal costs are those incurred in the measuring of quality of output; therefore this includes test equipment running costs.10. 单选题 Which of the following roles is NOT performed by the Registrar of Companies?A Issuing each companys Certificate of IncorporationB Registering companies that will be sold off-the-shelfC Filing a copy of each companys Register of MembersD Filing copies of each companys special resolutions考点 Chapter13Companyformation解析 The Registrar is responsible for registering all companies and for issuing Certificates ofIncorporation. They also file copies of special resolutions sent in by each company. The Register ofMembers is only held by the company itself.11. 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 profit 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 = $1,200. 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 = $4,20012. 简答题 Explain what is meant by standard costing考点 Chapter20Standardcosting解析 Standard costing is a control technique which compares standard costs and revenues with actual results to obtain variances which are used to improve performance.13. 单选题 Which of the following is an example of an equitable remedy for breach of contract?A InjunctionB Action for the priceC Quantum meruit考点 Chapter6Breachofcontractandremedies解析 An injunction is an equitable remedy. Action for the price and quantum meruit are common lawremedies.14. 单选题 A company uses a standard absorption costing system. The following details have been extracted from its budget for April.Fixed production overhead cost $48,000 Production (units) 4,800 In April the fixed production overhead cost was under absorbed by $8,000 and the fixed production overhead expenditure variance was $2,000 adverse.What was the actual number of units produced?A 3,800B 4,200C 4,800D 5,800考点 Chapter22Applicationofperformancemeasurement解析 Actual expenditure = $(48,000 + 2,000) = $50,000 Overhead absorbed = $(50,000 - 8,000) = $42,000 Overhead absorption rate per unit = $48,000 + 4,800 = $10. Number of units produced = $42,000 + $10 = 4,20015. 单选题 Holding out is a key element of which form of agency?A Agency by estoppelB Agency by necessityC Agency by implied agreement考点 Chapter10Agencylaw解析 Agency by estoppel occurs where one party holds out to another that a person is acting as their agent.16. 单选题 Which of the following is a characteristic of feedback?A It is used mainly for planning purposesB It is secondary dataC It comes from internal sources within the organisationD It consists entirely of financial information考点 Chapter8Budgetarysystems解析 Feedback is used mainly for control reporting purposes. It is primary data. It comes frominternal sources within the organisation. It may consist of both financial and non-financialinformation.17. 材料题 For each of the following measures, state if they are measuring the financial, customer; internal, or learning perspective of Grub Cos balanced scorecard: (i)Profit made per burger (ii)Time taken from the customer ordering food to food being passed to the customer (iii)Percentage of employees with higher levelfood hygiene certificates. (iv)Percentage of burgers cooked but not soldas they are inedible. 考点 考点：Chapter21Performancemeasurement解析 Perspectives(i) Financial(ii) Internal(iii) Learning(iv) Internal18. 单选题 The following information is available about the plant, property and equipment of Lok Co, for the year to 31 December 20X3. $!000 Carrying amount of assets at beginning of the year 462 Carrying amount of assets at end of the year 633 Increase in revaluation surplus during the year 50 Disposals during the year, at cost110 Accumulated depreciation on the assets disposed of 65 Depreciation charge for the year 38 What will be included in cash flows from investing activities for the year, in a statement of cash flows that complies with IAS 7 Statement of Cash FlOWS? A $104,000B $159,000C $166,000D $204,000考点 Chapter22Statementsofcashflows解析 $000Carrying amount of assets at beginning of the year462Increase in revaluation surplus during the year50Book value of assets disposed of (110 - 65)(45)Depreciation charge for the year(38) 429Carrying amount of assets at end of the year 63319. 单选题 Which of the following is not an aim of internal controls?A To enable the organisation to respond appropriately to business, operational and financial risksB To eliminate the possibility of impacts from poor judgement and human errorC To help ensure the quality of internal and external reportingD To help ensure compliance with applicable laws and regulations考点 Chapter8Theroleofaccounting解析 Rationale: Options A, C and D were identified as aims of internal controls in the Turnbull report.However, the report also states that even a sound system of internal control reduces, but does not eliminate, the possibilities of poorly judged decisions, human error, deliberate circumvention of controls and unforeseeable circumstances. Systems only provide reasonable (not absolute) assurance.Ways in:丨f you had to guess, you could probably see that option B is an exaggerated claim. Look out for options that sayalways or never or total, in a similar vein: these are much more likely to be untrue than true, in the complex world of business20. 单选题 Which type of standard cost is most useful for monitoring trends in performance over time?A Attainable standardB Basic standardC Current standardD Ideal standard考点 Chapter10Budgetingandstandardcosting解析 The correct answer is: Basic standardA basic standard is left unchanged, so that changes in variances over time indicate a trendin prices and efficiency over time.21. 单选题 Which one of the following statements about the use of a continuous inventory system is INCORRECT?A In a retail organisation, a continuous inventory system can be used to keep track of the quantity of each stock item available in its distribution centres B Under continuous inventory, the cost of each receipt of inventory and the cost of each issue from inventory is recorded individuallyC A continuous inventory system removes the need for periodic physical inventory counts.D Both the FIFO and average cost (AVCO) methods of pricing inventory may be used within acontinuous inventory system 考点 Chapter7Inventory解析 Continuous inventory reduces the need for physical inventory counts, but in practice periodiccounts are needed to ensure that the recorded quantities of inventory match the physical quantities that are held (and, for example, there have not been significant losses of inventory due to theft)22. 单选题 A members voluntary winding up is where the members decide to dissolve a healthy company.A TrueB False考点 Chapter21Insolvencyandadministration解析 Members can decide to wind up a healthy company.23. 单选题 A company makes a single product with the following data: $ $ Selling price 25 Material 5 Labour 7 Variable overhead 3 Fixed overhead 4 (19) Profit per unit 6 Budgeted output is 30,000 units. In relation to this data, which of the following statements is correct? A The margin of safety is 40%B The contribution to sales ratio is 24%C The volume of sales needed to make a profit of $270,000 is 45,000 unitsD If budgeted sales increase to 40,000 units, budgeted profit will increase by $100,000考点 Chapter3Costvolumeprofit(CVP)analysis解析 If budgeted sales increase to 40,000 units, then budgeted profit will increase by $100,000.This is because 10,000 more units will be sold at a contribution per unit of $10. The fixedcosts would not be expected to change.24. 单选题 Eva Moor-Drudgery used to pack chocolate bars into boxes of three dozen. Her job has been redesigned, so that she now packs them, applies a sell-by date stamp, cellophanes the box and applies a promotional sticker.Of which form of job redesign is this an example? A Job rotationB Job enlargementC Job enrichment考点 Chapter15Motivatingindividualsandgroups解析 Rationale: Evas new tasks are of the same skill level and responsibility as her original task, soher job has been horizontally enlarged rather than vertically enlarged (which would be job enrichment). If she had gone from just packing one shift, to just stamping on the next shift (and so on), this would have been job rotation.Pitfalls: Any area like this where students frequently confuse similar terminology is ripe for examining. Read, think and check your answers carefully, to avoid careless errors! 25. 材料题 Suggest one other course of action that AB might follow, explaining what you consider to be itsmerits and demerits when compared with your answer at (a) above.考点 考点：Chapter6Short-termdecisions解析 Alternative course of action(i) Produce enough units of X in the next 13 weeks to use up existing inventories of directmaterials.(ii) Start sales of Y as soon as possible, and offer customers the