2022年ACCA英国注册会计师考前难点冲刺押题卷带答案207

2022年ACCA英国注册会计师考前难点冲刺押题卷带答案1. 论述题 With what kind of standards is practical capacity associated?考点 Chapter10Budgetingandstandardcosting解析 Attainable standards2. 单选题 A company incurs the following costs at various activity levels: Total cost Activity level $ Units 250.000 5,000 312,500 7,500 400.000 10,000 Using the high-low method what is the variable cost per unit? A $25B $30C $35D $40考点 Chapter4Costclassification解析 $Total cost of 10,000 units 400,000Total cost of 5,000 units 250,000Variable cost of 5,000 units 150,000Therefore the variable cost per unit = $150,000/5,000 units = $30 per unit.3. 单选题 Inventory movements for product X during the last quarter were as follows: JanuaryPurchases 10 items at $19.80 each FebruarySales 10 items at $30 each March Purchases 20 items at $24.50 Sales5 items at $30 each Opening inventory at 1 January was 6 items valued at $15 each. What would the Gross profit be for the quarter using the weighted average cost method? A $135.75B $155.00C $174.00D $483.00考点 Chapter6Accountingformaterials解析 ItemsUnit valueOpening inventory 6 15 90January: purchases 10 19.80 198 16 18 288February: sales (10) 18 (180) 6 18 108March: purchases 20 24.50 490 26 23 598March: sales (5)23 (115) 21 23 483Sales(15 x $30)Cost of sales 450Opening Inventory 90Purchases 688Closing Inventory (483) (295)Gross profit 1554. 单选题 Which TWO of the following are circumstances where an employee will NOT be entitled to claim aredundancy payment? (1) They could have been dismissed for misconduct before the redundancy notice (2) Their claim is not made within three months of the redundancy notice (3) They are involved in strike action after the redundancy notice is served (4) They unreasonably refuse a renewal to their contract A 1 and 3B 1 and 4C 2 and 3D 2 and 4考点 Chapter9Dismissalandredundancy解析 Employees who were or could have been dismissed before the redundancy notice cannot claim aredundancy payment. An employee who unreasonably refuses a renewal to their contract cannotclaim a redundancy payment. A claim can be made within six months and those involved in strikeaction after the redundancy notice can claim a redundancy payment.5. 单选题 The following bank reconciliation statement has been prepared by a trainee accountant: BANK RECONCILIATION 30 SEPTEMBER 20X2 $ Balance per bank statement (overdrawn) 36,840 Add: lodgements credited after date 51,240 Less: unpresented cheques 88,080 Balance per cash book (credit) 43,620 44,460 Assuming the amounts stated for items other than the cash book balance are correct, what should the cash book balance be? A $44,460 credit as statedB $60,020 creditC $29,220 debitD $29,220 credit考点 Chapter15Bankreconciliations解析 $ Bank statement (36,840) Deposits credited after date51,240Unpresented cheques ( 43,620)Balance per cash book (o/d) (29,220)6. 不定项选择题 A company must keep a register of directors. What details must be revealed? Select all that apply. A Full nameB Service addressC NationalityD Date of birthE Business occupation考点 Chapter13Companyformation解析 All of them.7. 单选题 A company currently sells a product for $40 and at this price, demand is 16,000 units per month. Ithas been estimated that for every $3 increase or reduction in the price, monthly demand will fall orincrease by 2,000 units. What is the formula for the demand curve for this product? A 48 0.0001875QB 64 0.0015QC 64 0.003QD 64 0.015Q考点 Chapter5Pricingdecisions解析 Price at which demand is 0 = $40 + (16,000/2,000) $3 = $64When P = a bQ, b = 3/2,000 = 0.00158. 简答题 The purchase price of an inventory item is $42 per unit. In each three-month period the usage of the item is 2,000 units. The annual holding costs associated with one unit is 5% of its purchase price. The EOQ is 185 units. What is the cost of placing an order (to 2 decimal places)? $ O 考点 Chapter6Accountingformaterials解析 Let Co = ordering cost185 = V 2 x Co x (4 x 2,000)/ 0.05 x 42】185=V(16,000xCO/2.1)Co = 1852 x 2.1/ 16,000 = $4.49Note that the period for demand must be the same as that given for holding cost. As holding cost is given as an annual figure quarterly demand must be converted to annual demand by multiplying by 4.9. 单选题 The following question is taken from the December 2012 exam paper. The following data relates to a companys overhead cost. Time (units) Output Overhead cost($)Price index 2 years ago 1,000 3,700 121 Current year 3,000 13,000 155 Using the high low technique, what is the variable cost per unit (to the nearest $0.01) expressed in current year prices? A $3.22B $4.13C $4.65D $5.06考点 Chapter14Forecasting解析 The correct answer is B. This is calculated by firstly adjusting the overhead cost from 2 years ago to current price levels by multiplying by 155/121, to obtain a cost of $4,740.This figure is then used in a high low calculation (change in cost divided by change in activity) to obtain the variable cost per unit ($13,000 - $4,740) / (3,000 units - 1,000 units) = $4.13).The most popular choice was alternative C, which was selected by majority of candidates. This indicates that although competent in the high low technique they failed to adjust costs to current price levels. In analysing cost data it is important that inflation is allowed for. Those who chose option D indicated that either they guessed badly, or that they could competently perform the high low calculation and that they realised a need to adjust the figures for inflation but failed to do so correctly and multiplied by 121/155). Finally a minority chose alternative A, again possibly suggesting a bad guess or alternatively that they indexed costs to price levels from two years ago.10. 单选题 The currency in country X is the Krone while country Y uses the Euro. Country Y has recently experienced an increase in itsexchange rate with Country X. Which of the following effects is likely to result in Country Y?A A stimulus to exports in Country YB An increase in the costs of imports from Country XC Reducing demand for imports from Country XD A reduction in the rate of cost push inflation考点 Chapter3Themacroeconomicenvironment解析 Rationale: An increase in the exchange rate makes a countrys exports more expensive to overseas buyers, andimportscheaper： it therefore has the opposite of the first three effects. The lower cost of imports, however, is likely toreduce therate of domestic inflation.Ways in: You could group options B and C together (increased cost = reduce demand):since both cannot be the answer, and there is only one answer, neither of these options can be correct. This gets you quitea long way towards the solution So if you dont know an answer, dont panic: logic can often help!11. 材料题 Explain whether Eden can pursue the third party in relation to the patent contract考点 考点：Chapter13Companyformation解析 In the situation described involving the patent, there is no contract involving the company because thecompany did not exist when the contract was formed. If the other party does not wish to proceed with theagreement, the directors of Eden plc will be unable to show any obligation for them to do so.12. 单选题 Which one of the following is an advantage of centralisation?A It helps to develop the skills of junior managersB It avoids overburdening top managers in terms of workload and stressC Senior managers can take a wider view of problems and consequences考点 Chapter5Businessorganisation,structureandstrategy解析 Rationale： A centralised organisation is one in which authority is concentrated in one place. If all decisions are made in the same place then it will be easier for the decision-makers to see the bigger picture and therefore understand theconsequences of their decisions. Options A and B are advantages of decentralisation, where decisions are delegated.13. 材料题 材料全屏 A company makes and sells a single product. The selling price is $12 per unit. The variable cost of makingand selling the product is $9 per unit and fixed costs per month are $240,000. The company budgets to sell 90,000 units of the product a month. 28 【论述题】 What is the budgeted profit per month and what is the breakeven point in sales? 考点 考点：Chapter3Costvolumeprofit(CVP)analysis解析 Contribution per unit = $(12 9) = $3. The C/S ratio is 3/12 = 0.25Budgeted profit = (90,000 $3) $240,000 = $30,000Breakeven point in units of sale = $240,000/$3 per unit = 80,000 units per month(Breakeven point in sales revenue = Fixed costs/C/S ratio = $240,000/0.25 = $960,000)14. 单选题 Which of the following communication mechanisms is designed to improve upward communication?A Notice boardsB Organisation manualC Team meetingsD Team briefings考点 Chapter18Personaleffectivenessandcommunication解析 Rationale: Notice boards are unsuitable for upward communication, and organisation manualsand team briefings are for downward communication.Pitfalls: You needed to be aware of the nature of a team briefing, which is for information and instructions to be given (downward) to a team. 15. 简答题 What is the standard of proof in civil proceedings?考点 Chapter1Lawandthelegalsystem解析 The case must be proved on the balance of probability.16. 单选题 Which of the following environmental costs should NOT be included in an environmental costbudget?A Cost of cleaning up contaminated sitesB Costs of using pollution-prevention methods and technologyC Cost of fines for environmental contaminationD Cost of recycling waste考点 Chapter2eEnvironmentalaccounting解析 A company may incur costs for contamination of the environment, but this cost should notbe included within budgeted (and so acceptable) environmental costs.17. 材料题 If F Co chooses to prioritise Product B, calculate the value (in $) of the maximum net profit.考点 考点：Chapter2dThroughputaccounting解析 18. 单选题 Which of the following auditors are deemed automatically reappointed each year unless specificcircumstances dictate otherwise?A Auditors of public limited companiesB Auditors of private limited companiesC Auditors of quoted companies考点 Chapter19Othercompanyofficers解析 Only auditors of private companies are deemed automatically reappointed unless specificcircumstances apply.19. 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.20. 不定项选择题 Which TWO of the following statements describe the information a Goods Received Note (GRN) provides?A Information used to update inventory recordsB Information to check that the correct price has been recorded on the suppliersinvoiceC Information to check that the correct quantity of goods has been recorded on the suppliers invoiceD Information to record any unused materials which are returned to stores考点 Chapter6Accountingformaterials解析 Information used to update inventory records and Information to check that the correct quantity of goods has been recorded on the suppliers invoice21. 单选题 Where members hold sufficient voting rights to requisition a resolution at a general meeting, how muchnotice in advance of the meeting must they give the company?A One weekB Two weeksC Four weeksD Six weeks考点 Chapter20Companymeetingsandresolutions解析 Members must make their request and identify the resolution six weeks before the meeting.22. 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.23. 单选题 Use of zero based budgeting implies flexing budgets on the basis of differences between budgeted andactual cost-driving activities.A TrueB False考点 Chapter8Budgetarysystems解析 False. This is a common feature of activity based budgeting.24. 单选题 Which of the following items could appear on the credit side of a receivables ledger control account? 1 Cash received from customers 2 Irrecoverable debts written off 3 Increase in allowance for receivables 4 Discounts allowed5 Sales6 Credits for goods returned by customers7 Cash refunds to customers A 1, 2, 4 and 6B 1,2, 4 and 7C 3, 4, 5 and 6D 5 and 7考点 Chapter14Controlaccounts解析 Sales and refunds are posted on the debit side, changes in the allowance for receivables do notappear in the control account.25. 单选题 A surplus on the balance of payments usually refers to a surplus or deficit on the account.Which word correctly complete thisstatement?A CurrentB CapitalC Financial考点 Chapter3Themacroeconomicenvironment解析 Rationale: It is particularly tempting to equate a trade surplus or deficit with a profit or loss for the country, but this is notthe case.26. 单选题 In the context of contract law, a bid at an auction is which of the following?A An invitation to treatB An offerC A counter-offerD An acceptance考点 Chapter3FormationofcontractI解析 The bid is the offer that the auctioneer is free to accept or reject.27. 单选题 Which of the following is correct concerning the market value of a companys shares?A Market value must be greater than nominal valueB Market value must be lower than nominal valueC Market value equals nominal valueD Market value may be equal, greater or lower than nominal value考点 Chapter15Sharecapital解析 A shares market value is based on the prospects of the company and may be equal, greater or lowerthan nominal value.28. 单选题 ABC recognises the complexity of modern manufacturing by the use of multiple cost pools.A TrueB false考点 Chapter2aActivitybasedcosting解析 There is a separate cost pool for each significant activity that incurs costs.29. 填空题 This objective test question contains a question type which will only appear in a computer-based exam, but this question provides valuable practice for all students whichever versionof the exam they are taking. The time for the first batch of 50 units was 500 hours. The total time for the first 16 batchesof 50 units was 5,731 hours. What is the learning rate? 考点 Chapter9Quantitativeanalysisinbudgeting解析 30. 单选题 What is the correct description of perpetual inventory?A The counting and valuing of selected items on a rotating basisB The recording, as they occur, of receipts, issues and the resulting balances of individual items of inventoryC The recording of inventory that is constantly changingD The counting and valuing inventory on a regular (e.g. weekly) basis考点 Chapter6Accountingformaterials解析 Perpetual inventory involves recording, as they occur, receipts, issues and the resulting balances of individual items of inventory, in either quantity, or quantity and value.31. 论述题 Fill in the gaps. A flexible budget is a budget which, by recognising ., is designed to. as the level of activity changes. 考点 Chapter8Budgetarysystems解析 A flexible budget is a budget which, by recognising cost behaviour patterns, is designed toflex or change as the level of activity changes.32. 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.33. 单选题 A firm which bottles shampoo selects some filled bottles for examination.The procedure used is to select a random starting point x(xth bottle filled) and every bottle at an interval of y is then chosen for examination.What is this type of sampling known as?A Multi-stageB RandomC SystematicD Stratified考点 Chapter2Sourcesofdata解析 This is the definition of systematic sampling.34. 单选题 Which of the following is NOT an exception to the rule of privity of contract?A A third party to a contract can sue for losses they incur under a contract if the losses a