2022年ACCA英国注册会计师考前密押冲刺卷152

2022年ACCA英国注册会计师考前密押冲刺卷1. 单选题 How is the total of the purchases day book posted to the nominal ledger?A Debit purchases, Credit cashB Debit payables control, Credit purchasesC Debit cash, Credit purchasesD Debit purchases, Credit payables control考点 Chapter5Ledgeraccountsanddoubleentry解析 Remember that only credit purchases are listed in the purchases day book2. 简答题 What is the hourly payment method being described? Payment method Basic rate Overtimepremium Overtimepayment This is the amount paid above the basic rate for hours worked in excess of the normal hours. This is the total amount paid per hour for hours worked in excess of the normal hours. This is the amount paid per hour for normal hours worked. 考点 Chapter8Contractofemployment解析 Payment method Basic rate Overtimepremium OvertimepaymentThis is the amount paid above the basic 对rate for hoursworked in excess of the normal hours.This is the total amount paid per hour for 对hours worked in excess of the normal hours.This is the amount paid per hour for normal hoursworked 对.3. 材料题 Using the following information, calculate the variable overhead rate and efficiency variances, and state if they are favourable or adverse. Actual production was 1,500 units which were completed in 3,620 hours at a variable overhead cost of $11,000. The budget was that each pie would take 2.5 hours to make and the variable overhead absorption rate would be $3 per hour. 考点 考点：Chapter20Standardcosting解析 Ah x Ar = 3,620 x 3.04=11,000Rate = 140AAh x Sr = 3,620 x 3=10,860Usage = 390FSh x Sr = 1,500 x 2.5 x 3=11,2504. 论述题 What point of law is explained in the case of Freeman & Lockyer v Buckhurst Park Properties (Mangal) Ltd1964?考点 Chapter10Agencylaw解析 A director may have ostensible authority to contract if, although they do not have their expresspermission, the other directors are aware that contracts are being made and do nothing to prevent it.5. 单选题 A company employs four supervisors to oversee the factory production of all its products. How would the salaries paid to these supervisors be classified?A As a direct labour costB As a direct production expenseC As a production overheadD As an administration overhead考点 Chapter4Costclassification解析 The supervisors are engaged in the production activity, therefore option D can be eliminated.They supervise the production of all products, therefore their salaries are indirect costs because they cannot be specifically identified with a cost unit. This eliminates options A and B. The salaries are indirect production overhead costs, therefore option C is correct.6. 论述题 Choose the appropriate words from those highlighted and fill in the blanks. When showing multiple products individually on a P/V chart, the products are shown from left toright/right to left in order of increasing/decreasing size of C/S ratio. The line joining the two ends of thedotted line (which shows_.) indicates _ 考点 Chapter3Costvolumeprofit(CVP)analysis解析 When showing multiple products individually on a P/V chart, the products are shown from left to right, inorder of decreasing size of C/S ratio. The line joining the two ends of the dotted line (which shows thecumulative profit/loss and the cumulative sales) indicates the average profit which will be earned fromsales of the products in the mix.7. 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 = $4,2008. 材料题 材料全屏 You are presented with the following trial balance of Malright, a limited liability company, at 31 October 20X7. Dr Cr $000 $000 Buildings at cost 740 Buildings, accumulated depreciation, 1 November 20X6 60 Plant at cost 220 Plant, accumulated depreciation, 1 November 20X6 110 Land at cost 235 Bank balance 50 Revenue 1,800 Purchases 1,105 Discounts received 90 Returns inwards 35 Wages 180 Energy expenses 105 Inventory at 1 November 20X6 160 Trade payables 250 Trade receivables 320 Administrative expenses 80 Allowance for receivables, at 1 November 20X6 10 Directors remuneration 70 Retained earnings at 1 November 20X6 130 10% loan notes 50 Dividend paid 30 $1 ordinary shares 650 Share premium account 80 3,280 3,280 Additional information as at 31 October 20X7: (a) Closing inventory has been counted and is valued at $75,000. (b) The items listed below should be apportioned as indicated. Cost of Distribution Administrative sales costs expenses % % % Discounts received - - 100 Energy expenses 40 20 40 Wages 40 25 35 Directors remuneration - - 100 (c) An invoice of $15,000 for energy expenses for October 20X7 has not been received. (d) Loan note interest has not been paid for the year. (e) The allowance for receivables is to be increased to the equivalent of 5% of trade receivables. Anyexpenses connected with receivables should be charged to administrative expenses. (f) Plant is depreciated at 20% per annum using the reducing balance method. The entire charge is to be allocated to cost of sales. (g) Buildings are depreciated at 5% per annum on their original cost, allocated 30% to cost of sales, 30% to distribution costs and 40% to administrative expenses. (h) Income tax has been calculated as $45,000 for the year. 59 【论述题】 The statement of profit or loss for the year ended 31 October 20X7 考点 考点：Chapter20Preparationoffinancialstatementsforcompanies解析 MALRIGHTSTATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED 31 OCTOBER 20X7 $000Revenue (W4) 1,765Cost of sales (W1) (1,343)Gross profit 422Distribution costs (W1) (80)Administrative expenses (W1) (192)Profit before interest and tax 150Finance cost: 50,000 x 10% (5)Profit before taxation 145Income taxes (45)Profit for the year 1009. 填空题 As a general rule, acceptance must be (1)_to the (2) _and is not effectiveuntil this has been done.An (3)_is a definite promise to be bound on specific terms, and must be distinguishedfrom a supply of (4)_and from an (5)_ A counter-offer counts as (6) _of the original offer考点 Chapter3FormationofcontractI解析 As a general rule, acceptance must be communicated to the offeror and is not effectiveuntil this has been done.An offer is a definite promise to be bound on specific terms, and must be distinguishedfrom a supply of information and from an invitation to treat A counter-offer counts as rejection of the original offer10. 单选题 Life cycle costing is particularly useful for products with a short expected life cycle.A TrueB false考点 Chapter2cLifecyclecosting解析 True. When the life cycle is short, estimates of life cycle costs and revenues are likely to be easier, and lifecycle costs should also be easier to monitor.11. 单选题 Pricing based on mark-up per unit of limiting factor is particularly useful if an organisation is not workingto full capacity.A TrueB false考点 Chapter5Pricingdecisions解析 It is useful if the organisation is working at full capacity.12. 单选题 Which of the following is true concerning the rights of an innocent party where repudiatory breach ofcontract has occurred?A If the innocent party chooses to terminate the contract they are not required to notify the other partyB The innocent party can claim damages for any losses but not treat the contract as dischargedC The innocent party cannot refuse to pay for partial or defective performance already receivedD The innocent party may affirm the contract and continue with their obligations考点 Chapter6Breachofcontractandremedies解析 In the event of repudiatory breach, the innocent party may affirm the contract and continue with theirobligations. They must inform the other party if they intend to terminate the contract. They may claimdamages or treat the contract as discharged. They can refuse to pay for partial or defectiveperformance already received.13. 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.14. 单选题 Which of the following elements in the Building Block model of performance management(Fitzgerald and Moon) relates to setting standards of performance?A AchievabilityB CompetitivenessC ControllabilityD Motivation考点 Chapter16私营机构的表现评估解析 There are three aspects to setting standards in the Building Block model: ownership,achievability and equity (fairness).15. 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 breach16. 单选题 A company has established a marginal costing profit of $72,300. Opening inventory was 300 units and closing inventory is 750 units. The fixed production overhead absorption rate has been calculated as $5/unit. What was the profit under absorption costing? A $67,050B $70,050C $74,550D $77,550考点 Chapter9AbsorptionandmarginalCosting解析 There was an increase in inventory in the period； therefore the absorption costing profit is higher than the marginal costing profit (because a larger amount of fixed overhead is carried forward in the closing inventory value). $Marginal costing profit 72,300Less: fixed costs in opening inventory (300 units x $5) (1,500)Add: fixed costs in closing inventory (750 units x $5) 3,750Absorption costing profit 74,55017. 单选题 What is delegated by a superior to a subordinate?A AuthorityB PowerC Responsibility考点 Chapter11Leadingandmanagingpeople解析 Rationale: The essence of delegation is that the superior gives the subordinate part of his or her own authority. Power is notconferred by the organisation, so it cannot be delegated: it must be possessed. The most important thing to note is thatresponsibility is not delegated: the superior makes the subordinate responsible to him for the authority he has delegated, but he remains responsible for it to his own boss. Pitfalls: It is easy to confuse these concepts, which is why they would make an excellent exam question. 18. 单选题 ABC is not a system that is suitable for use by service organisations.A TrueB False考点 Chapter2aActivitybasedcosting解析 It is more suitable for manufacturing but can be used to cost services in some service industries.19. 论述题 Fill in the blanks. A well-organised system of control should have the following features. (a) A hierarchy of . (b) Clearly identified . for achieving budget targets(c) Responsibilities for. , . and. 考点 Chapter10Budgetingandstandardcosting解析 A well-organised system of control should have the following features.(a) A hierarchy of Budget centres.(b) Clearly identified Responsibilities for achieving budget targets(c) Responsibilities forRevenues , Costs andCapital employed20. 单选题 In the context of the tort of negligence, what is the legal effect of res ipsa loquitur?A The claimant must prove that they acted reasonablyB The claimant must prove that the defendant was negligentC The defendant must prove that they were not negligent考点 Chapter7Thelawoftortsandprofessionalnegligence解析 Where res ipsa loquitur applies, the burde