2022年ACCA英国注册会计师考试密押卷带答案117

2022年ACCA英国注册会计师考试密押卷带答案1. 单选题 A is a program which deals with one particular part of a computerised business accounting system. Which of the following terms correctly completes this definition? A SuiteB ModuleC SpreadsheetD Database考点 Chapter8Theroleofaccounting解析 Rationale: A suite is a set of several modules. A spreadsheet is a type of program, and a format for displaying and processing data: it is often used to integrate data from accounting modules for decision-support and management information systems.A database is a collection of data.2. 单选题 Which of the following is an exception to the rule that an employee must have a minimum period ofcontinuous service to be protected from unfair dismissal?A Pregnancy of the employeeB Disability of the employeeC Trade union membership of the employee考点 Chapter9Dismissalandredundancy解析 An employee who is pregnant is exempt from the need to have a minimum period of continuousservice before being able to claim unfair dismissal. In the other cases, the employee is required tohave a minimum of two years continuous service in order to claim unfair dismissal.3. 单选题 Which of the following statements is correct?A The operating standards set for production should be the most ideal possibleB The operating standards set for production should be the minimal levelC The operating standards set for production should be the attainable levelD The operating standards set for production should be the maximum level考点 Chapter20Standardcosting解析 It is generally accepted that the use of attainable standards has the optimum motivational impact on employees. Some allowance is made for unavoidable wastage and inefficiencies, but the attainable level can be reached if production is carried out efficiently.4. 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.5. 单选题 A sum of money was invested for 10 years at 7% per annum and is original amount invested (to the nearest $)?now worth $2,000. What was the?A $1,026B $1,017C $3,937D $14,048考点 Chapter19Methodsofprojectappraisal解析 The discount factor for 10 years at 7% is 0.508. Original amount invested = $2,000 x 0.508= $1,016But $1,016 x 1.0710 is just under $2,000 so $1,017 is the correct answer.6. 单选题 If you believe that you have Theory Y workers, which of the following should a manager adopt? (1) An authoritarian style (2) A participative style (3) An emphasis on employee development Tight controls A (1) and (4)B (l)and (3)C (2) and (3)D (2) and (4)考点 Chapter15Motivatingindividualsandgroups解析 (1) and (4) would be appropriate to Theory X workers, who must be coerced to get them to make an effort.For Theory Y workers, a participative, liberating, developmental approach would be appropriate. 7. 单选题 The following are all steps in the implementation of the target costing process for aproduct: (1) Calculate the target cost. (2) Calculate the estimated current cost based on the existing product specification. (3) Set the required profit. (4) Set the selling price. (5) Calculate the target cost gap. Which of the following represents the correct sequence if target costing were to be used? A (1), (2), (3), (4), (5)B (2), (3), (4), (1), (5)C (4), (3), (1), (2), (5)D (4), (5), (3), (1), (2)考点 Chapter2bTargetcosting解析 (4), (3), (1), (2), (5)8. 材料题 材料全屏 Clare, Dan and Eve formed a partnership 10 years ago, although Clare was a sleeping partner and never hadanything to do with running the business. Last year Dan retired from the partnership. Eve has subsequentlyentered into two large contracts. The first one was with a longstanding customer, Greg, who had dealt withthe partnership for some five years. The second contract was with a new customer, Hugh. Both believed thatDan was still a partner in the business. Both contracts have gone badly wrong, leaving the partnership owing50,000 to both Greg and Hugh. Unfortunately the business assets will only cover the first 50,000 of thedebt.32 【论述题】 State the liability of Clare as a sleeping partner 考点 考点：Chapter11Partnerships解析 Her status as a sleeping partner gives Clare no additional protection from the unlimited liability which appliesto all ordinary partners in an ordinary partnership. It simply means she has left her personal wealth open toclams over which she has no practical control through her own inaction.9. 单选题 The rules of capital maintenance exist to primarily protect which of the following parties?A A companys membersB A companys creditorsC A companys customersD The government考点 Chapter17Capitalmaintenanceanddividendlaw解析 The rules on capital maintenance exist to protect the interest of a companys creditors.10. 单选题 The following circumstances may arise in relation to the launch of a new product: (i) Demand is relatively inelastic. (ii) There are significant economies of scale. (iii) The firm wishes to discourage new entrants to the market. (iv) The product life cycle is particularly short. Which of the above circumstances favour a penetration pricing policy? A (ii) and (iii) onlyB (ii) and (iv)C (i), (ii) and (iii)D (ii), (iii) and (iv) only考点 Chapter5Pricingdecisions解析 If demand is inelastic or the product life cycle is short, a price skimming approach wouldbe more appropriate.11. 单选题 Which TWO of the following duties would a company secretary expect to perform? (1) Establishing and maintaining the companys statutory registers (2) Filing accurate returns with the Registrar of Companies. (3) Hiring and firing directors (4) Reviewing the work of the company auditor A 1 and 2B 1 and 4C 2 and 3D 3 and 4考点 Chapter19Othercompanyofficers解析 A company secretary would expect to be responsible for establishing and maintaining the companysstatutory registers and filing accurate company returns with the Registrar of Companies.12. 单选题 Which term is used to describe the type of company that has its shares traded on a public stock exchange?A Listed companyB Public companyC Private companyD Unlimited company考点 Chapter12Corporationsandlegalpersonality解析 A public company does not have to have its shares traded on a public stock exchange. If it does so, then it becomes known as a listed (or quoted) company.13. 单选题 The profit made by a business in 20X7 was $35,400. The proprietor injected new capital of $10,200 during the year and withdrew a monthly salary of $500.If net assets at the end of 20X7 were $95,100, what was the proprietors capital at the beginning of the year？ A $50,000B $55,500C $63,900D $134,700考点 Chapter5Ledgeraccountsanddoubleentry解析 I =P + Ci - D=$(35,400 - 6,000 + 10,200)=$39,600Therefore, opening capital = opening net assets = $(95,100 - 39,600) =$55,500.14. 单选题 In the context of statutory interpretation, which of the following requires judges to consider the wrong whichthe legislation was intended to prevent?A The mischief ruleB The literal ruleC The golden rule考点 Chapter2Sourcesoflaw解析 When considering the wrong which the legislation was intended to prevent, the Judge is applying themischief rule.15. 单选题 Which of the following may NOT be achieved by written resolution?A Removal of an auditorB Alteration of the companys articlesC Variation of class rightsD Change to the companys name考点 Chapter20Companymeetingsandresolutions解析 Removal of an auditor (or a director) are the only items of business that may not be achieved by awritten resolution.16. 单选题 Which of the following describes a companys called-up share capital?A The amount the company has required shareholders to pay on existing sharesB The type, class, number and amount of shares issued and allotted to shareholdersC The amount shareholders have paid on existing sharesD The maximum amount of share capital that a company can have in issue考点 Chapter15Sharecapital解析 Called-up share capital is the amount the company has required shareholders to pay on existingshares. A companys issued share capital is the type, class, number and amount of shares issued toshareholders. The amount existing shareholders have paid on existing shares is the paid-up sharecapital.17. 简答题 Your firm values inventory using the weighted average cost method. At 1 October 20X8, there were 60 units in inventory valued at $12 each. On 8 October, 40 units were purchased for $15 each, and a further 50 units were purchased for $18 each on 14 October. On 21 October, 75 units were sold for $1,200. What was the value of closing inventory at 31 October 20X8? $ O 考点 Chapter6Accountingformaterials解析 DateUnits Unit Inventory value value1 OctoberOpening inventory 607208 OctoberPurchase 40 units at $15 40 60014 OctoberPurchase 50 units at $18 5090021 OctoberSold 75 units: cost (75)14.80 (1,110)31 OctoberClosing inventory 7514.80 1,11018. 单选题 Which of the following describes liquidated damages?A A specific sum payable in the event of a breach of contractB A genuine pre-estimate of losses payable in the event of breach of contractC A sum equal to the amount of work done plus an element of profit that is payable in the event of abreach of contract考点 Chapter6Breachofcontractandremedies解析 Liquidated damages is a genuine pre-estimate of losses payable in the event of a breach of contract. A penalty clause is a fixed amount payable on breach of contract.19. 材料题 材料全屏 Vlad generates a substantial income from illegal tax evasion and sought advice from Gloria (his personal accountant) on how to dispose of his illegal earnings. Gloria suggested that to disguise the source of the funds, Vlad should purchase a chain of restaurants and pass his gains from the illegal operation through the restaurants accounts. Vlad agreed with Glorias proposal and appointed her as the restaurant chains finance director and together they passed the illegal money through the operation.25 【论述题】 State the offence of money laundering. 考点 考点：Chapter22Fraudulentandcriminalbehaviour解析 Money laundering is the term given to attempts to make the proceeds of crime appear respectable. It covers any activity by which the apparent source and ownership of money representing the proceeds of crime are changed, so that the money appears to have been obtained legitimately.20. 单选题 X Co sells goods with a one year warranty and had a provision for warranty claims of $64,000 at 31 December 20X0. During the year ended 31 December 20X1, $25,000 in claims were paid to customers. On 31 December 20X1, X Co estimated that the following claims will be paid in the following year： ScenarioProbabilityAnticipated cost Worst case 5% $150,000 Best case 20%$25,000 Most likely 75%$60,00 What amount should X Co record in the statement of profit or loss for the year ended 31 December 20X1 in respect of the provision? A $57,500B $6,500C $18,500D $39,000考点 Chapter11Provisionsandcontingencies解析 Provision required at 31.12.X1 = (0.05 x 150) + (0.20 x 25) + (0.75 x 60)Provision b/f at 31.12.X0Utilised during yearIncrease required - charge to SPLProvision c/f at 31.12.X121. 单选题 All of the following, with one exception, are potential impacts on a business of removal of significant funds or assets. Which is the exception? A Fall in returns to shareholdersB Reduction in profitsC Increase in working capitalD Reputational damage考点 Chapter10Identifyingandpreventingfraud解析 Rationale: There is a reduction in working capital, which makes it more difficult for the company to operate effectively, potentially resulting in corporate collapse. The other effects should be obvious (remember, we are talking about removal of funds or assets and not overstatement of profits and/or net assets). Reputational damage refers to loss of shareholder andmarket confidence in the organisations management when the fraud emerges.22. 材料题 Explain whether Del or Rod will be liable for either: (i) Fraudulent trading under s213 Insolvency Act 1986 (ii) Wrongful trading under s214 Insolvency Act 1986 考点 考点：Chapter22Fraudulentandcriminalbehaviour解析 (i) Because Del falsified the companys accounts, and the company is insolvent, he is likely to be guiltyof intention to defraud under s213 Insolvency Act 1986. There is not enough evidence to prove Rodis guilty the prosecution is unlikely to be able to prove he intended to defraud the creditors orothers.(ii) Del will be personally liable under s214 Insolvency Act 1986 for the increase in the companys debtssince it is already established that he is likely to be liable for fraudulent trading which carries a higherstandard of proof. Rod will also be liable for the companys debts, since as a director of a company,he should have been aware of the situation.23. 单选题 In relation to contract law, which of the following describes an offer?A A statement of possible termsB Displaying goods for sale in a supermarketC A verbal promise to be bound on specific terms考点 Chapter3FormationofcontractI解析 An offer is defined as a promise to be bound on specific terms and can be made in any form such asin writing or verbally. A statement of possible terms is a supply of information. Displaying goods forsale is an invitation to treat.24. 单选题 In Vrooms expectancy theory, what is meant by valence?A The strength of an individuals preference for a given outcomeB The strength of an individuals motivation to act in a certain wayC The strength of an individuals belief that acting in a certain way will obtain the desired outcome考点 Chapter15Motivatingindividualsandgroups解析 Rationale: Option A is valence (V). Option C refers to expectancy (E). Option B is force ofmotivation (F): the product of valence and expectancy. Hence the equation: F = V x E.25. 单选题 In the context of personnel specifications, the Seven Point Plan (Rodger) does not explicitly include which of the following headings? A Physical make-upB InterestsC MotivationD Circumstances考点 Chapter12Recruitmentandselection解析 Rationale: Motivation is a heading in an alternative method of person specification (the Five Point Pattern of Personality, by J Munro Fraser). Rodgers Seven Points are: physical make-up, attainments (qualifications), general intelligence, special aptitudes, interests, disposition (temperament) and circumstances. 26. 单选题 According to the theory of the firm, which of the following statements describes an oligopoly?A There are no barriers to entry into or exit from the marketB There is only one producer in the marketC There are four producers exerting considerable influence in the marketD There are many producers but they each use product differentiation to distinguish themselves from each other 考点 Chapter4Microeconomicfactors解析 Rationale: A is one of the conditions for a perfect market, B is a monopoly and D is monopolistic competition.27. 单选题 In a situation where there are no production resource limitations, which of the following items of information must be available for the production budget to be completed?(i) Sales volume from the sales budget(ii) Material purchases from the purchases budget(iii) Budgeted change in finished goods inventory(iv) Standard direct labour cost per unitA (i), (ii) and (iii)B (i),(iii) and(iv)C (i) and (iii)D All of them考点 Chapter16Thebudgetaryprocess解析 Since there are no production resource limitations, sales would be the principal budget factor therefore the sales budget must be prepared before the production budget (i). The budgeted change in finished goods inventory (iii) would then indicate the required volume for the production budget. Therefore the correct answer is C. Item (ii), the material purchases, would be information derived from the production budget after adjusting for material inventory changes, and item (iv), the standard direct labour cost per unit, would be required for the production cost budget, but not for the production budget, which is expressed in volume terms.28. 单选题 In the context of work planning and personal development planning, a SMART framework is often used as a checklist of the characteristics of effective goals. What does the M in SMART stand for? A ManageableB MeasurableC Motivational考点 Chapter18Personaleffectivenessandcommunication解析 Rationale: SMART is Specific, Measurable, Attainable, Relevant and Time-bounded, although versions differ. Options A and C are both very plausible - and also qualities of effective goals -but you wouldnt want to replace measurable, which isessential (otherwise, how will you know when youve reached your goal?).29. 单选题 The following statements have been made about planning and control as described in thethree tiers of Robert Anthony s decision-making hierarchy: (1) Strategic planning is concerned with making decisions about the efficient andeffective use of existing resources. (2) Operational control is about ensuring that specific tasks are carried out efficientlyand effectively. Which of the above statements is/are true? A (1) onlyB (2) onlyC Neither (1) nor (2)D Both (1) and (2)考点 Chapter14Performancemanagementinformationsystems解析 (2) only30. 单选题 Economy means cost cutting. True or false?A TrueB False考点 Chapter18Furtheraspectsofperformancemanagement解析 False31. 单选题 Which of the following is NOT a way of maximising return over a product life cycle?A Design costs out of the productB Minimise the time to marketC Maximise the break even timeD Maximise the length of the life span考点 Chapter2cLifecyclecosting解析 Return will be increased if the breakeven time is shortened, not maximised.32. 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