2022年ACCA英国注册会计师考前难点冲刺押题卷含答案115

2022年ACCA英国注册会计师考前难点冲刺押题卷含答案1. 材料题 Calculate the net profit percentage ratio for Black and Bury and comment on this ratio for the two companies.考点 考点：Chapter25Theconsolidatedstatementofprofitorloss解析 2. 单选题 In a criminal case, which of the following parties could be offered a deferred prosecution agreement by theprosecution?A An individual directorB An individual shareholderC The company as a whole考点 Chapter22Fraudulentandcriminalbehaviour解析 To prevent individuals from benefiting from deferred prosecution agreements, they are only offeredto organisations.3. 单选题 The following statements have been made about budgets and standards: (i) Budgets can be used in situations where output cannot be measured, but standardscannot be used in such situations. (ii) Budgets can include allowances for inefficiencies in operations, but standards useperformance targets which are attainable under the most favourable conditions. (iii) Budgets are used for planning purposes, standards are used only for controlpurposes. Which of the above statements is/are true? A (i) , (ii) and (iii)B (i) and (ii) onlyC (i) onlyD (ii) and (iii) only考点 Chapter10Budgetingandstandardcosting解析 Statement (ii) is not correct. Standards can include allowances for inefficiencies inoperations, through the use of attainable standards. Statement (iii) is not correct either,standards and budgets are both used for planning and control purposes.4. 单选题 Which of the following statements regarding market penetration as a pricing strategyis/are correct? (1) It is useful if significant economies of scale can be achieved. (2) It is useful if demand for a product is highly elastic. A (1) onlyB (2) onlyC Neither (1) nor (2)D Both (1) and (2)考点 Chapter5Pricingdecisions解析 Penetration pricing involves setting a low price when a product is first launched in orderto obtain strong demand.It is particularly useful if significant economies of scale can be achieved from a highvolume of output and if demand is highly elastic and so would respond well to low prices.5. 材料题 Prepare profit statements for each of the six-monthly periods, using the following methods of costing. Absorption costing 考点 考点：Chapter1Costing解析 Profit statements for the year ending 30 September 20X3Absorption costing basis6. 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.7. 单选题 The following statements have been made about management information. (1) Budgetary control information comes mainly from sources outside the organisation. (2) An EIS provides an integrated database system for the management of operations. Which of the above statements is/are true? A 1 onlyB 2 onlyC Neither 1 nor 2D Both 1 and 2考点 Chapter14Performancemanagementinformationsystems解析 Budgetary control information comes mainly from sources inside the organisation.An Enterprise Resource Planning (ERP) system provides an integrated database system forthe management of operations.8. 单选题 Fixed costs are conventionally deemed to be which of the following?A Constant per unit of outputB Constant in total when production volume changesC Outside the control of managementD Easily controlled考点 Chapter5Costbehaviour解析 Within the relevant range, fixed costs are not affected by the level of activity, therefore option B is correct.9. 简答题 Describe the three elements of VFM考点 Chapter21Performancemeasurement解析 The value for money (VFM) concept has been developed as a useful means of assessing performance in an organisation which is not seeking profit. VFM concept revolves around the 3Es； as follows:If you follow through the diagram above, you will see that, ultimately, VFM relates money spent to objectives achieved.Economy (an input measure) - measures the relationship between money spent and the inputs. Are the resources used the cheapest possible for the quality required?Efficiency (link inputs with outputs) - is the maximum output being achieved from the resources used?Effectiveness (links outputs with objectives) - to what extent to which the outputs generated achieve the objectives of the organisation.10. 简答题 Briefly discuss the strengths and weaknesses of ROI and Rl as methods of assessing the performance of divisions.考点 Chapter21Performancemeasurement解析 ROI is expressed as a percentage and is more easily understood by non-financial managers.ROI can be used to compare performance between different sized divisions or companies.It is not necessary to know the cost of capital in order to calculate ROI.ROI may lead to dysfunctional decisions. For instance, if a division has a very high ROI of say 40% and is considering a project with an ROI of 30% which is still well above the cost of capital of say 10%, then the project should be accepted as it provides a return well in excess of the cost of capital. The division may quite possibly reject the project, however, as when added to its existing operations it will reduce the ROI from 40%.Using residual income as a performance measure should ensure that divisions make decisions which are in the best interests of the group as a whole and should eliminate the problem outlined in the previous paragraph.Different divisions can use different rates to reflect different risk when calculating residual income.Residual income is not useful for comparing divisions of different sizes.Both residual income and ROI improve as the age of the assets increase and both provide an incentive to hang onto aged possibly inefficient machines.11. 单选题 All the following, with one exception, are examples of advantages of a computer-based accounting system over a manual system. Which statement is the exception? A Financial calculations can be performed more quickly and accuratelyB Financial information can be presented to other business departments in a variety of formsC There is much stronger provision for data securityD The system is easier to update as new information becomes available考点 Chapter8Theroleofaccounting解析 Rationale: The system does not by itself provide for data security: appropriate controls have to be designed and implemented by users. Computer files are as vulnerable to theft and wilful damage as manual files, and are perhaps even more vulnerable to corruption or loss of data through user error 12. 单选题 Y plc is a growing organisation which has recently diversified into a number of significant new product markets. It has also recently acquired another company in one of its overseas markets.What would be the most appropriate form of organisation for Y plc? A Geographical departmentationB DivisionalisationC Functional departmentation考点 Chapter5Businessorganisation,structureandstrategy解析 Rationale： While there may be elements of functional and geographical organisation, Y pics situation suits divisionalisation： more or less autonomous product and regional businesses, with co-ordination from head office. Diversification and acquisition are good pointers to divisionalisation.Pitfalls： Dont get sidetracked by the link between overseas markets and geographical.13. 论述题 Fill in the blanks. Most of the decisions considered in this chapter involve calculating . obtained fromvarious options after identifying . . They always involve .issues, which depend on the precise situation described. 考点 Chapter6Short-termdecisions解析 Most of the decisions considered in this chapter involve calculating contribution obtained fromvarious options after identifying relevant costs . They always involve qualitative issues, which depend on the precise situation described.14. 单选题 Under the Companies Act 2006, which of the following parties is contractually bound by a companys constitution?A Members in a capacity other than as a memberB The companyC Third parties with a business relationship with the companyD Company directors考点 Chapter14Constitutionofacompany解析 A companys constitution contractually binds the company and members in their capacity as members.15. 单选题 Williams trial balance at 30 September 20X5 includes the following balances： Trade receivables $75,943 Receivables allowance $4,751 How should these balances be reported in Williams statement of financial position as at 30 September 20X5? A An asset of $71,192B An asset of $75,943 and a liability of $4,751C A liability of $71,192D A liability of $75,943 and an asset of $4,751考点 Chapter5Ledgeraccountsanddoubleentry解析 The receivables allowance is deducted from trade receivables and the net figure of $71,192 ($75,943 - $4,751) is reported in the statement of financial position.16. 单选题 The companys board, creditors and the Secretary of State may petition for the liquidation on theground of insolvency.A The board of directorsB The members of the companyC The companys creditorsD The Secretary of State考点 Chapter21Insolvencyandadministration解析 The companys board, creditors and the Secretary of State may petition for the liquidation on theground of insolvency.17. 单选题 In the budget period just ended, a very large adverse direct materials usage variance has beenreported. Control action should be taken. Which one of the following actions might help to improvematerials usage rates?A Alter the mix of materials to a cheaper mixB Reduce the sale price of the companys productsC Switch to a cheaper materials supplierD Give production staff some training考点 Chapter11Varianceanalysis解析 Adverse materials usage may be caused partly by inefficiencies or errors by productionstaff. Training may improve their ability to do the work and improve materials usage rates.18. 单选题 Which of the following statements concerning statutory employment protection is NOT correct?A The employed are entitled to protection from unfair dismissalB The self-employed are entitled to a minimum notice periodC The employed are entitled to a minimum wageD The self-employed are entitled to protection of their health and safety考点 Chapter8Contractofemployment解析 The self-employed are not entitled to a minimum notice period.19. 单选题 This question appeared in the June 2015 exam. The following statements have been made about life cycle costing: (1) It focuses on the short-term by identifying costs at the beginning of a products life cycle (2) It identifies all costs which arise in relation to the product each year and then calculates theproducts profitability on an annual basis (3) It accumulates a products costs over its whole life time and works out the overallprofitability of a product (4) It allocates costs to each stage of a products life cycle and writes them off at the end ofeach stage Which of the above statements is/are correct? A 1 and 3 onlyB 3 onlyC 1 and 4 onlyD 2 only考点 Chapter2cLifecyclecosting解析 All the statements are false except for statement 3.20. 材料题 Explain whether Kip and Lu have committed the offence of insider dealing考点 考点：Chapter22Fraudulentandcriminalbehaviour解析 Kip is an insider by virtue of his position as an accountant in Jaz plc. The information he holds is price-sensitive because it concerns large profits. Therefore, it would appear that he is liable under for dealing inprice-affected securities. None of the defences would apply to him as he clearly expected to make a profit.He also becomes liable for the offence of encouraging another to deal in price-affected securities when headvises Lu to buy shares in Jaz plc.Lu received inside information from Kip who he knew to be an insider. Therefore he is liable, like Kip, fortrading using inside information.21. 单选题 Direct labour hours or direct machine hours are used to trace costs to products occurs with absorptioncosting, but not with ABC.A TrueB false考点 Chapter2aActivitybasedcosting解析 The use of volume-related cost drivers should be used for costs that do vary with productionvolume.22. 单选题 A company has recently adopted throughput accounting as a performance measuring tool.Its results for the last month are shown below. Units produced 1,150 Units sold 800 Materials purchased 900 kg costing $13,000 Opening material inventory used 450 kg costing $7,250 Labour costs $6,900Overheads $4,650 Sales price $35 There was no opening inventory of finished goods or closing inventory of materials. What is the throughput accounting ratio for this product? A 0B 0.80C 1.30D 1.50考点 Chapter2dThroughputaccounting解析 The throughput accounting ratio is defined as throughput/total factory costs.Throughput accounting aims to discourage inventory building, so the ratios do not takeaccount of inventory movements.Throughput = sales all material costs = $35 800 $13,000 = $15,000(Note that we use materials purchased instead of materials used.)Total factory costs= all other production costs= $6,900 + $4,650 = $11,550TA ratio = $15,000/$11,550 = 1.3.23. 材料题 Calculate:Throughput accounting ratio考点 考点：Chapter2dThroughputaccounting解析 24. 单选题 In which of the following situations is an employee entitled to time off work on full pay?A A employee who wishes to leave the employer and look for another jobB A trade union member wishing to attend a trade union meetingC A trade union official wishing to carry out trade union duties考点 Chapter8Contractofemployment解析 Trade union officials are entitled to time off on full pay to carry out trade union duties. Trade unionmembers are entitled to time off to attend trade union meetings but there is no right to pay.25. 单选题 P & Co maintain a receivables ledger control account within the nominal ledger. At 30 November 20X0, the total of the list of individual balances extracted from the receivables ledger was $15,800, which did not agree with the balance on the receivables ledger control account. An examination of the books revealed the following information, which can be used to reconcile the receivables ledger and the receivables ledger control account. 1The credit balance of $420 in Ahmeds payables ledger account had been set off against his account in the receivable ledger, but no entries had been made in the receivables and payables ledger control accounts. 2The personal account of Mahmood was undercast by $90. 3Yasmins balance of (debit) $780 had been omitted from the list of balances. 4Thomas personal account balance of $240 had been removed from the receivablesledger asabad debt, but no entry had been made in the receivables ledger control account. 5The January total of $8,900 in the sales daybook had been posted as $9,800. 6A credit note to Charles for $1,000, plus sales tax of $300, had been posted tothereceivablesledger control account as $1,300 and to Charles personal account as $1,000. 7The total on the credit side of Edwards personal account had been overcast by $125. Which of these items need to be corrected by journal entries in the nominal ledger? A 1, 3, 4 and 5 onlyB 1, 4 and 5 onlyC 1, 2, 5 and 6 onlyD 2, 3, 6 and 7 only考点 Chapter14Controlaccounts解析 $ $ DR CRError 1 Payables ledger control 420 Receivables ledger control 420Error 4 Irrecoverable debts240 Receivables ledger control 240Error 5 Sales900 Receivables ledger control 90026. 单选题 Which of the following types of legislation affects specific individuals or groups?A EnablingB PublicC Private考点 Chapter2Sourcesoflaw解析 Private Acts affect specific individuals or groups. Public Acts affect the general public. Enablinglegislation empowers a specific individual or body to produce the detail required by a parent Act.27. 单选题 Which of the following statements regarding parent companies is NOT correct?A A company is a parent company if it holds the majority of the voting rights in another companyB A company is a parent company if it has the right to exercise dominant influence over anothercompanyC A company is a parent company if it holds debentures in another companyD A company is a parent company of any subsidiaries that its subsidiary company controls考点 Chapter12Corporationsandlegalpersonality解析 Holding debentures in a company does not make that company a subsidiary. The other options are correct statements in regards to parent companies.28. 单选题 In the context of case law, which of the following applies to an obiter dictum?A It is binding on all future courtsB It is binding on all lower courtsC It is not binding on any courtsD It is not binding outside the court it was issued in考点 Chapter2Sourcesoflaw解析 Obiter dictum is not binding. It is the ratio decidendi that binds future courts.29. 单选题 Which TWO of the following statements concerning liability for the payment of unlawful dividends iscorrect? (1) Directors are liable if they declare a dividend that they know to be paid out of capital (2) Members who did not know the payment was unlawful are not liable (3) Directors face criminal liability if they declare unlawful dividends (4) Directors who honestly rely on proper accounts when deciding whether to pay a dividend are stillliable if it turns out to be unlawful A 1 and 2B 1 and 4C 2 and 3D 3 and 4考点 Chapter17Capitalmaintenanceanddividendlaw解析 Directors who know dividends are unlawful will be liable, but those who honestly rely on properaccounts when making the decision to pay the dividend are not liable. Liability is in civil law notcriminal law. Members who did not know the payment was unlawful are not liable.30. 单选题 A principal may, in certain circumstances, ratify the acts of the agent whic