2022-2023年ACCA英国注册会计师考试题库及答案（350题）第64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 Michael has been asked to prepare a presentation for the company directors on good corporate governance. Which one of the following is he likely to exclude from his presentation? A Risk managementB Internal controlsC Maximising shareholder wealthD Accountability to stakeholders考点 Chapter7Corporategovernanceandsocialresponsibility解析 Rationale: The objective of corporate governance is overall performance, enhanced by good supervision and management,within best practice guidelines. Business is to be conducted in a way that is both ethical and effective from the perspective of all stakeholders - not just shareholders.2. 单选题 Which of the following will terminate an offer?A Posting a letter of revocationB A request for informationC Death of the offeree考点 Chapter3FormationofcontractI解析 The death of the offeree will terminate an offer. Posting a letter of revocation is not sufficient toterminate an offer, it must be received before acceptance is made in order to be effective. A requestfor information will also not terminate an offer.3. 单选题 Obiter dicta form part of the ratio decidendi.A TrueB False考点 Chapter2Sourcesoflaw解析 False. Obiter dicta do not form part of the ratio decidendi.4. 单选题 Each unit of product Alpha requires 3 kg of raw material. Next months production budget for product Alpha is as follows. Opening inventories: Raw materials 15,000kg Finished units of Alpha 2,000 units Budgeted sales of Alpha 60,000 units Planned closing inventories: Raw materials7,000kg Finished units of Alpha 3,000 units How many kilograms of raw materials should be purchased next month? A 172,000B 175,000C 183,000D 191,000考点 Chapter16Thebudgetaryprocess解析 UnitRequired increase in finished goodsinventory 1,000Budgeted sales of Alpha60,000Required production 61,000 kgRaw materials usage budget(x3 kg) 183,000Budgeted decrease in raw materials inventory (8,000)Raw materials purchase budget 175,0005. 单选题 A company manufactures a single product L, for which the standard material cost is as follows. $ per unit Material 14 kg x $3 42 During July, 800 units of L were manufactured, 12,000 kg of material were purchased for $33,600, of which 11,500 kg were issued to production. SM Co values all inventory at standard cost. What are the material price and usage variances for July? A Price Usage $2,300 (F) $900 (A) B Price Usage 2,300 (F) $300 (A) C Price Usage $2,400 (F) $900 (A) D Price Usage $2,400 (F) $840 (A) 考点 Chapter21Performancemeasurement解析 Since inventories are valued at standard cost, the material price variance is based on the materials purchased. $12,000kg material purchased should cost (x$3) 36,000but did cost 33,600Material price variance 2,400(F)800 units manufactured should use (x 14 kg)11,200 kgbut did use 11,500kgUsage variance in kg 300kg(A)x standard price per kg x$3Usage variance in $900 (A)6. 单选题 According to research, which of the following statements is true of a consultative style of management, compared to other styles? A It is most popular among subordinatesB It is most popular among leadersC It encourages the highest productivity考点 Chapter11Leadingandmanagingpeople解析 Rationale: A consultative style is the most popular among subordinates, although a sells style is perceived to be most used by leaders - and a tells style encourages the highest productivity in many circumstances. 7. 单选题 What is the minimum period of notice that an employee with ten years of continuous service is entitled to?A One weekB Two weeksC Ten weeks考点 Chapter9Dismissalandredundancy解析 Employees with between two and ten years of continuous service are entitled to one weeks notice forevery year of employment.8. 单选题 The following statements relate to responsibility centres:(i) Return on capital employed is a suitable measure of performance in both profit and investment centres.(ii) Cost centres are found in manufacturing organisations but not in service organisations.(iii) The manager of a revenue centre is responsible for both sales and costs in a part of an organisation.Which of the statements are incorrect?A (i) and (ii)B (ii) and (iii)C (j) and (iii)D All of them考点 Chapter1Accountingformanagement解析 (i) ROCE compares profit to capital employed and is not a suitable measure for a profit centre as the manager does not have responsibility for capital employed.(ii) Cost centres are found in all organisations.(iii) The manager of a revenue centre is only responsible for revenues, not costs9. 单选题 Which of the following items (that all generate future economic benefits, and whose costs can be measured reliably), is an intangible non-current asset? 1 Computer hardware owned by a business 2 Operating software that operates the computer hardware in (1) 3 A patent bought by a business 4 An extension to an office building owned by a business A All four itemsB 1, 2 and 4 onlyC 1 and 2 onlyD 3 only考点 Chapter9Intangiblenon-currentassets解析 A patent has no physical substance and provides future economic benefits; it is therefore anintangible non-current asset.Computer hardware is a tangible non-current asset as it is physical in substance and provides future economic benefits.Operating software that operates the computer hardware on first glance may appear to be an intangible non-current asset.However since it is an integral part of the computer hardware (which could not function without it) it is classed as part of the computer hardware.A building extension has physical substance and provides future economic benefits and is therefore a tangible non-current asset. 10. 单选题 The following, apart from one statement, are measures for encouraging upward communication in an organisation. Which is the incorrect statement? A Suggestion schemesB Management by Walking AroundC Exception reporting考点 Chapter18Personaleffectivenessandcommunication解析 Rationale: Exception reporting may improve the quality of upward communication (making itmore selective), but it does not encourage it: if anything, it may create a culture in which staff dont bother their superiors with information. The other options are all ways of encouraging upward flow of information and ideas - which otherwise tends to be rare in organisations. 11. 单选题 A company has sublet part of its offices and in the year ended 30 November 20X3 the rent receivable was: Until 30 June 20X3 $8,400 per year From 1 July 20X3 $12,000 per year Rent was paid quarterly in advance on 1 January, April, July, and October each year. What amounts should appear in the companys financial statements for the year ended 30 ? NovemberRent receivable Statement of financial position A $9,900 $2,000 in sundry payablesB $9,900 $1,000 in sundry payablesC $10,200 $1,000 in sundry payablesD $9,900 $2,000 in sundry receivables考点 Chapter10Accrualsandprepayments解析 Statement of profit or lossDecember to June 8,400 x 7/12 4,900July to November 12,000 x 5/12 5,0009,900Sundry payables 12,000 x 1/12 = 1,000 (December rent received in advance)12. 单选题 Volcano Co acquired 75% of the equity share capital of Lava Co on 1 September 20X3. The retained profits of the two individual companies at the beginning and end of their financial year were as follows. Volcano Co Lava Co $000 $000 Retained earnings at 1 January 20X3596264 Retained earnings at 31 December 20X3650336 What is the parent companys share of consolidated retained earnings that should be reported in the consolidated statement of financial position of the Volcano Group at 31 December 20X3? A $668,000B $674,000C $704,000D $722,000考点 Chapter23Introductiontoconsolidatedfinancialstatements解析 Retained post-acquisition earnings of Lava Co = 4/12 x $(336,000 - 264,000) = $24,000.13. 论述题 Spendthrift Co purchased 6,850 kg of material at a total cost of $32,195. The material pricevariance was $1,370 adverse.The standard price per kg was $ _ (to the nearest cent)考点 Chapter11Varianceanalysis解析 The correct answer is: $4.50Standard cost of material purchased Actual cost of material purchased = Price varianceStandard cost = $32,195 $1,370= $30,825Standard price per kg =$30,825 /6,850= $4.5014. 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 Chapter13Salestax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) $962.5015. 单选题 Which of the following calculations could produce an acceptable figure for a traders net profit for a period if no accounting records had been kept? A Closingnetassets plus drawings minus capital introduced minus opening net assetsB Closingnetassets minus drawings plus capital introduced minus opening net assetsC Closingnetassets minus drawings minus capital introduced minus opening net assetsD Closingnetassets plus drawings plus capital introduced minus opening net assets考点 Chapter17Incompleterecords解析 Closing net assets plus drawings minus capital introduced minus opening net assets.16. 单选题 Which of the following circumstances would cast doubt on the external auditors ability to rely on the work of internal auditors?A There is evidence that management and directors consistently act on internal audit recommendations B The internal audit function has a direct line of communication to the audit committeeC No audit manualsorworking papers are availableforinspectionD Internal auditors are recruited on technical qualifications and demonstrated proficiency考点 Chapter9Control,securityandaudit解析 Rationale： This may suggest that internal audit work is not properly planned, reviewed or documented： a failure of due professional care. The other options show good status, scope and technical competence. 17. 单选题 For which of the following applications is teamworking not best suited?A Ideas generation for innovationB Co-ordination of different functionsC Crisis decision-makingD Co-ordination of geographically dispersed workers考点 Chapter14Individuals,groupsandteams解析 Rationale: Teams are not the best vehicle for crisis decision-making, because group decision-making takes longer, anddecisions may protect the team at the expense of the right (possible tough) solution. Teams are, however, great for decision-making where the hearing of different viewpoints is beneficial. They are also great for ideas generation (think of group brainstorming) and coordination (teams are often cross-functional). You might have hesitated over option D, but it is important to realise that distance is now no obstacle to team working (think of virtual teams, connected by IT and communications links).Pitfalls: Dont forget virtual teams in your thinking.18. 单选题 Which of the following statements about budgeting and motivation are true? (1) A target is more motivating than no target at all (2) The problem with a target is setting an appropriate degree of difficulty (3) Employees who are challenged tend to withdraw their commitment A All of themB 2 and 3 onlyC 1 and 2 onlyD 3 only考点 Chapter13Performanceanalysisandbehaviouralaspects解析 It is generally agreed that the existence of some form of target or expected outcome is agreater motivation than no target at all. Therefore (1) is true. The establishment of a target,however, raises the question of the degree of difficulty or challenge of the target. Therefore(2) is true. If the performance standard is set too high or too low sub-optimal performancecould be the result.The degree of budget difficulty is not easy to establish. It is influenced by the nature of thetask, the organisational culture and personality factors. Some people respond positively to adifficult target. Others, if challenged, tend to withdraw their commitment. So (3) is not true.19. 单选题 All of the following, with one exception, are inherent limitations of internal control systems. Which is the exception?A The costs of controlB Potential for human error and deliberate overrideC The types of transactions controls are designed to cope withD The independence of controls from the method of data processing考点 Chapter9Control,securityandaudit解析 Rationale: It would be a limitation if controls depended on the method of data processing. The others are limitations, because: the costs of control must not outweigh the benefits； there is always potential for both human error and deliberate override of controls by management； and controls are designed to cope with routine transactions, not non-routine transactions.20. 单选题 For unfair dismissal purposes, which of the following is a fair reason for dismissal?A PregnancyB Trade union membershipC Lack of capability or qualificationsD Taking steps to avert a danger to health and safety at work考点 Chapter9Dismissalandredundancy解析 Capability or qualifications is a fair reason for dismissal. The other options are unfair reasons fordismissal.21. 单选题 Which of the following is necessary to terminate a Limited Liability Partnership?A It must be formally liquidatedB A court orderC An order from the Registrar of CompaniesD A deed signed by the partners考点 Chapter11Partnerships解析 To dissolve an LLP, it needs to be liquidated, in a similar way to a company.22. 单选题 Which of the following statements is true of consideration?A Past consideration is sufficient to create liability on a bill of exchangeB Suffering some loss or detriment is not valid considerationC Consideration can be in the form of any act, even if that act is impossible to performD Performance of an illegal act is valid consideration考点 Chapter4FormationofcontractII解析 Past consideration is sufficient to create liability on a bill of exchange this is one of the fewexceptions to the rule on past consideration. Suffering loss or detriment is valid consideration.Impossible or illegal acts are not valid consideration.23. 单选题 You have been provided with the following information relating to three products: Product X Product Y Product Z Demand (units) 1,000 2,000 3,000 Selling price $15 $20 $30 Profit per unit $2 $5 $2 Actual sales for the year showed the following results. Product X Product Y Product Z Units sold 1,100 2,050 2,800 Sales value $17,050 $38,950 $86,800 Profit $3,080 $10,455 $6,160 What is the sales quantity variance? A $150 adverseB $50 favourableC $1,208 adverseD $1,695 favourable考点 Chapter11Varianceanalysis解析 The sales quantity variance is the difference between the actual sales volume in thestandard mix and budgeted sales, valued at the standard profit per unit:24. 单选题 Doggard Co is a business that sells second hand cars. If a car develops a fault within 30 days of the sale, Doggard Co will repair it free of charge.At 30 April 20X4 Doggard Co had made a provision for repairs of $2,500. At 30 April 20X5 Doggard Co calculated that the provision should be $2,000.What entry should be made for the provision in Doggard Cos statement of profit or loss for the year to 30 April 20X5? A A charge of $500B A credit of $500C A charge of $2,000D A credit of $2,000考点 Chapter11Provisionsandcontingencies解析 Doggard Co needs to reduce the provision by $500 ie a credit to the statement of profit or loss.25. 单选题 In an emergency situation, a person may need to take control of another partys goods and deal with themappropriately. What type of agency is this known as? A Agency by implied agreementB Agency by estoppelC Agency by ratificationD Agency by necessity考点 Chapter10Agencylaw解析 Agency by necessity involves one party taking over anothers goods in an emergency situation.26. 单选题 What is the notice period for a meeting at which a special resolution is to be voted on?A 14B 21C 28考点 Chapter20Companymeetingsandresolutions解析 14 days notice is required for a special resolution.27. 单选题 Y purchased some plant on 1 January 20X0 for $38,000. The payment for the plant was correctly entered in the cash book but was entered on the debit side of the plant repairs account.Y ch