2022-2023年ACCA英国注册会计师考试题库及答案（350题）第300期

2022-2023年ACCA英国注册会计师考试题库及答案（350题）1. 单选题 If the demand for a product is 5,000 units when the price is $400 and 6,000 units whenprice is $380, what is the optimal price to be charged in order to maximise profit if thevariable cost of the product is $200?A $150B $200C $350D $700考点 Chapter5Pricingdecisions解析 MR = 500 0.04Q (as above)MC = 200Set MR = MC in order to profit maximise thus:500 0.04Q = 2000.04 Q = 300Q = 7,500Substitute Q = 7,500 in to the demand equation thus:P = 500 0.02 (7,500)P = 3502. 单选题 Which of the following is true concerning late registration of a company charge?A A charge may not be registered lateB A charge may be registered late, but only if the permission of the Registrar of Companies is obtainedC A charge may be registered late if it does not prejudice the creditors or shareholders of the company考点 Chapter16Loancapital解析 A charge may be registered late but only if it does not prejudice the creditors or shareholders of thecompany.3. 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) Internal4. 单选题 A company uses variance analysis to control costs and revenues. Information concerning sales is as follows： Budgeted selling price $15 per unit Budgeted sales units 10,000 units Budgeted profit per unit$5 per unit Actual sales revenue $ 151,500 Actual units sold 9,800 units What is the sales volume profit variance? A $500 FavourableB $1,000 FavourableC $1,000 AdverseD $3,000 Adverse考点 Chapter22Applicationofperformancemeasurement解析 $Budgeted sales volume10,000 unitsActual sales volume 9,800 unitsSales volume variance (units) 200 units (A)x standard profit per unit x $5Sales volume profit variance (in $) $1,000 (A)5. 单选题 Which of the following is true regarding the borrowing powers of companies?A All companies 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解析 All companies registered under the Companies Act 2006 have an implied power to borrow.6. 单选题 Diane carries out routine processing of invoices in the purchasing department of L Co. Joanne is Dianes supervisor. Lesley is trying to decide how many staff will be needed if some proposed new technology is implemented. Tracey is considering the new work that L Co will be able to offer and the new markets it could enter, once the new technology is well established. Which member of L Co carries out tactical activities? A DianeB JoanneC LesleyD Tracey考点 Chapter6Organisationalcultureandcommittees解析 Rationale： Diane and Joanne work at operational level as they are concerned with routine activities. Lesley is at anintermediate level and is managing resources. She is therefore part of tactical management. Tracey is concerned withdirection setting for the business and is therefore part of strategic management.7. 材料题 State from whom Greg can claim the outstanding debt考点 考点：Chapter11Partnerships解析 Greg can claim from all three parties: Clare, Dan and Eve.8. 单选题 The following receivables ledger control account has been prepared by a trainee accountant: RECEIVABLES LEDGER CONTROL ACCOUNT $ $ 20X5 20X5 1 Jan Balance 318,650 31 Jan Cash from credit customers 181,140 Credit sales 161,770 Interest charged on overdue accounts 280 Cash sales 84,260Irrecoverable debts written off 1,390 Discounts allowed toSales returns from credit credit customers 1,240 customers 3,990 What should the closing balance at 31 January 20X5 be after correcting the errors in the account? A $292,380B $295,420C $292,940D $377,200考点 Chapter14Controlaccounts解析 $ $Returns outwards 27,490 Balance b/f 142,320Payments to payables 196,360 Credit purchases (183,800 x 1.175)215,965Discount received 1,430Contra 2,420Balance c/f 130,585 358,285 358,2859. 材料题 材料全屏 Cost and selling price details for product Z are as follows. $per unit Direct materials6.00 Direct labour 7.50 Variable overhead 2.50 Fixed overhead absorption rate5.00 21.00 Profit 9.00 Selling price 30.00 Budgeted production for the month was 5,000 units although the company managed to produce 5,800 units, selling 5,200 of them and incurring fixed overhead costs of $27,400. 48 【单项选择题】 What is the marginal costing profit for the month? A $45,400B $46,800C $53,800D $72,800考点 考点：Chapter9AbsorptionandmarginalCosting解析 Contribution per unit = $30 - $(6.00 + 7.50 + 2.50)=$14Contribution for month = $14 x 5,200 units =$72,800Less fixed costs incurred = $27,400 Marginal costing profit = $45,40010. 单选题 Which of the following statements concerning the Consumer Rights Act 2015 is correct?A The Act only applies to business-to-consumer contractsB The Act only applies to terms that have been individually negotiatedC The Act requires particularly onerous terms to be equally visible as other termsD The Act only applies to contracts that have been verbally agreed考点 Chapter5Contentofcontracts解析 As its name suggests, the Consumer Rights Act 2015 only applies to business-to-consumercontracts (although in certain circumstances a business may be classed as a consumer). The Actapplies to all terms in a consumer contract and the contract does not have to be verbally agreed.Particularly onerous terms must be made more prominent than other terms.11. 单选题 Perrin Co has two divisions, A and B. Division A has limited skilled labour and is operating at full capacity making product Y. It hasbeen asked to supply a different product, X, to division B. Division B currently sources thisproduct externally for $700 per unit. The same grade of materials and labour is used in both products. The cost cards for eachproduct are shown below: Product Y X ($)/unit ($)/unit Selling price 600 Direct materials ($50 per kg) 200 150 Direct labour ($20 per hour) 80 120 Apportioned fixed overheads ($15 per hour) 60 90 Using an opportunity cost approach to transfer pricing, what is the minimum transferprice? A $270B $750C $590D $840考点 Chapter17Divisionalperformanceandtransferpricing解析 Using the opportunity cost approach to transfer pricing, the minimum price charged bythe transferring division must be the marginal (variable) cost of producing X + thecontribution that is lost from selling however many units of Y could have been made foreach X.Division A has limited skilled labour means that skilled labour is a scarce resource. IfDivision A now has to make X instead of Y, it will lose the contribution it currently makeson Product Y. This contribution is equal to $600 selling price $200 Material costs $80 labour costs = $320.It takes 4 hours to make a Y and 6 hours to make an X. So, every time we (in Division A)make an X, we will not make 1.5Ys because of the shortage of skilled labour. So we lose1.5 Y Contribution per unit $320 = $480.We add to this lost contribution a marginal cost of making an X of $150 (material) + $170(labour).Total transfer price = $480 + $150 + $120 = $750Therefore, if Division A is to be no worse off by selling Product X to Division B instead ofProduct Y externally, the contribution per labour hour from selling X must also be $80.The opportunity cost is therefore $80 per labour hour.Since it uses 6 labour hours to make one unit, one unit must generate a contribution(i.e. opportunity cost in this context) of 6 $80 i.e. $480. To arrive at a minimum transferprice, the marginal cost of producing X must be added. Total variable cost per unit ofX = $150 + $270. Therefore, the minimum transfer price is $750.12. 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.13. 单选题 An extract from a companys sales budget is as follows: $ October 224,000 November 390,000 December 402,000 Ten per cent of sales are paid for immediately in cash. Of the credit customers, 30 per cent pay in the month following the sale and are entitled to a one per cent discount. The remaining customers pay two months after the sale is made. What is the value of sales receipts shown in the companys cash budget for December? A $285,567B $286,620C $290,430D $312,830考点 Chapter16Thebudgetaryprocess解析 $Cash sales in December ($402,000 x 10%) 40,200Receipts from November credit sales ($390,000 x 90%x 30% x99%) 104,247Receipts from October credit sales ($224,000 x 90% x 70%) 141,120Total sales receipts in December 285,56714. 单选题 What would the budgeted profit be if a marginal costing system were used?A $22,500 lowerB $10,000 lowerC $10,000 higherD $22,500 higher考点 Chapter9AbsorptionandmarginalCosting解析 Production volume exceeded sales volume, so the profit with absorption costing is higher than the profit with marginal costing.Fixed overheads in inventory = $30,000/750 = $40 per unit, therefore total fixed overhead in closing inventory (absorption costing) = 250 units x $40 = $10,000. Profit with marginal costing is therefore lower by $10,000.15. 单选题 Which TWO types of agency are formed without the agents consent? (1) Agency by implied agreement (2) Agency by express agreement (3) Agency by estoppel (4) Agency by ratification A 1 and 2B 1 and 3C 2 and 3D 3 and 4考点 Chapter10Agencylaw解析 Agency by estoppel and implied agreement are known as agency without consent. A principalexpressly consents to agency by express agreement and ratification.16. 单选题 A business statement of profit or loss and other comprehensive income for the year ended 31 December 20X4 showed a net profit of $83,600. It was later found that $18,000 paid for the purchase of a motor van had been debited to motor expenses account. It is the companys policy to depreciate motor vans at 25 per cent per year, with a full years charge in the year of acquisition. What would the net profit be after adjusting for this error? A $106,100B $70,100C $97,100D $101,600考点 Chapter16Correctionoferrors解析 $10,200 + $3,000 + $1,400 = $14,60017. 单选题 As part of a process to achieve a target cost, GYE Inc are interviewing prospective customers to determine why they would buy the product and how they would use it.What term best describes this process?A Value analysisB Operational researchC TQMD Lifecycle costing考点 Chapter13Alternativecostingprinciples解析 Value analysis involves identify why and how customers value a product to enable cost savings to be made without compromising the value to the customer.18. 单选题 A share premium account can be used for bonus issues of shares or issue costs for new share issues.A TrueB False考点 Chapter15Sharecapital解析 True. Both are acceptable uses for the share premium account.19. 单选题 Which of the following are common applications of spreadsheets used by management accountants? (i) Variance analysis (ii) Cash flow budgeting and forecasting (iii) Preparation of financial accounts A (i) and (ii) onlyB (i) and (iii) onlyC (ii) and (iii) onlyD (i), (ii) and (iii)考点 Chapter14Forecasting解析 Spreadsheets are commonly used by management accountants to produce management accounts, not financial accounts.20. 单选题 What term is given, in motivation theory, to the things people value and choose to pursue?A GoalsB Innate needsC Satisfaction考点 Chapter15Motivatingindividualsandgroups解析 Rationale: Goals are things people choose to pursue: each individual will have their own goals,which may vary with time,circumstances and other factors. The idea of innate (in-born, instinctive) needs is that they are biological or psychological imperatives, common to all people. (This is what makes it possible to have need theories with discussion of only a few innate needs.) Satisfaction arises when a goal is achieved. 21. 单选题 What is the effect of volenti non fit injuria in the law of tort?A It is a complete defence to an action in negligenceB It reduces the amount of damages that a defendant is liable forC It reverses the burden of proof so that the defendant must prove that they were not negligent考点 Chapter7Thelawoftortsandprofessionalnegligence解析 Volenti non fit injuria is a complete defence to an action in negligence. The defendant is not liablebecause the claimant voluntarily accepted the risk of injury or loss. Contributory negligence reducesthe amount of damages that a defendant must pay. Res ipsa loquitur reverses the burden of proof.22. 单选题 A company makes chairs and tables. Which of the following items would be treated as an indirect cost?A Wood used to make a chairB Metal used for the legs of a chairC Fabric to cover the seat of a chairD The salary of the sales director of the company考点 Chapter4Costclassification解析 Thesalary of the sales director is a selling overhead.23. 单选题 Over-absorption means that the overheads charged to the cost of sales are greater than the overheads actually incurred.A TrueB False考点 Chapter1Costing解析 Over-absorption means that the overheads charged to the cost of sales are greater than the overheads actually incurred.24. 单选题 A manufacturing company receives an invoice on 29 February 20X2 for work done on one of itsmachines. $25,500 of the cost is actually for a machine upgrade, which will improve efficiency. The accounts department do not notice and charge the whole amount to maintenance costs. Machinery is depreciated at 25% per annum on a straight-line basis, with a proportional charge in the years of acquisition and disposal. By what amount will the profit for the year to 30 June 20X2 be understated? A $19,125B $25,500C $23,375D $21,250考点 Chapter8Tangiblenon-currentassets解析 Cost less 4 months depreciation = 25,500 - 2,125 =$23,37525. 单选题 In calculating the regression equation linking two variables, the standard formulae for the regression coefficients are given in terms of X and Y. Which of the following is true?A X must be the variable which will be forecastB It does not matter which variable is whichC Y must be the dependent variableD Y must be the variable shown on the vertical考点 Chapter14Forecasting解析 The independent variable is denoted by X and the dependent one by Y.With such a small sample and the extrapolation required, the estimate is unlikely to be reliable. (iii) is therefore not true.The sample of only six pairs of values is very small and is therefore likely to reduce the reliability of the estimate. (iv) is therefore true.The correct answer is therefore D.26. 单选题 Which of the following would be classed as indirect labour?A Assembly workers in a company manufacturing televisionsB A stores assistant in a factory storeC Plasterers in a construction companyD A consultant in a firm of management consultants考点 Chapter4Costclassification解析 The wages paid to the stores assistant cannot be traced in full to a product or service, therefore this is an indirect labour cost.27. 单选题 Net profit was calculated as being $10,200. It was later discovered that capital expenditure of $3,000 had been treated as revenue expenditure, and revenue receipts of $1,400 had been treated as capital receipts.What is the net profit after correcting this error? A $5,800B $8,600C $11,800D $14,600考点 Chapter16Correctionoferrors解析 $10,200 + $3,000 + $1,400 = $14,600