2022年ACCA英国注册会计师考前难点冲刺押题卷带答案45

2022年ACCA英国注册会计师考前难点冲刺押题卷带答案1. 单选题 Which of the following describes a cost centre?A A unit of output or service for which costs are ascertainedB A function or location for which costs are ascertainedC A segment of the organisation for which budgets are preparedD An amount of expenditure attributable to a particular activity考点 Chapter4Costclassification解析 A function or location for which costs are ascertained. A cost centre acts as a collecting place for costs before they are analysed further.2. 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 3. 材料题 What is the direct labour efficiency variance for the company in 20X3?A $400 (A)B $2,100 (F)C $2,800 (A)D $2,800 (F)考点 考点：Chapter21Performancemeasurement解析 260 units should have taken (X 10 hrs) 2,600hrsbut took (active hours) 2,200hrsEfficiency variance in hours400hrs(F)X standard rate per hour X$7Efficiency variance in $ $2,800(F)4. 材料题 Production and sales for Period 3 was as follows: Period 3 Units Sales 550 Production 450 The opening inventory in Period 3 was 100 units. Calculate the profit for Period 3 based onabsorption costing principles. 考点 考点：Chapter1Costing解析 Opening inventory is period 3 = 100 units. Closing inventory units = opening inventory units +production units sales units. Closing inventory = 100 + 450 550 = 0. So inventory hasdecreased during the period and therefore marginal costing will report a higher profit thanabsorption costing. Absorption costing profit = $7,750 (100 $12) = $6,550.Absorption costing operating statement5. 单选题 What three factors are said to determine the effectiveness of participation in target setting?A Nature of the task, organisation structure, personalityB Personality, technology, organisation structureC Nature of the task, production processes, personalityD Personality, leadership style, aspirations考点 Chapter13Performanceanalysisandbehaviouralaspects解析 Nature of the task, organisation structure, personality6. 单选题 Fanta Co acquired 100% of the ordinary share capital of Tizer Co on 1 October 20X7. On 31 December 20X7 the share capital and retained earnings of Tizer Co were as follows: $000 Ordinary shares of $1 each 400 Retained earnings at 1 January 20X7 100 Retained profit for the year ended 31 December 20X7 80 580 The profits of Tizer Co have accrued evenly throughout 20X7. Goodwill arising on the acquisition of Tizer Co was $30,000. What was the cost of the investment in Tizer Co? A $400,000B $580,000C $610,000D $590,000考点 Chapter23Introductiontoconsolidatedfinancialstatements解析 $000Fair value of net assets acquired: 400Ordinary shares 100Retained earnings at 1 January 20X7 60Retained earnings for 9 months to acquisition date (80 x 9/12) 560Add goodwill 30 5907. 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 Chapter9Quantitativeanalysisinbudgeting解析 8. 单选题 A company values its inventory using the first in, first out (FIFO) method. At 1 May 20X2 the company had 700 engines in inventory, valued at $190 each.During the year ended 30 April 20X3 the following transactions took place:20X2July Purchased 500 engines at $220 each1 November Sold 400 engines for $160,00020X31 February Purchased 300 engines at $230 each15 April Sold 250 engines for $125,000 What is the value of the companys closing inventory of engines at 30 April 20X3? A $188,500B $195,500C $166,000D None of these figures考点 Chapter7Inventory解析 50 $190 $9,500500 $220 $110,000300 $230 $69,000/188,500 9. 单选题 You are preparing the financial statements for a business. The cost of the items in closing inventory is $41,875. This includes some items which cost $1,960 and which were damaged in transit. You have estimated that it will cost $360 to repair the items, and they can then be sold for $1,200. What is the correct inventory valuation for inclusion in the financial statements? A $39,915B $40,755C $41,515D $42,995考点 Chapter7Inventory解析 Original inventory valuation$ 41,875Cost of damaged items(1,960)NRV of damaged items (1,200 - 360)84040,75510. 单选题 A company manufactures a specific clinical machine used in hospitals. The company holds a2% share of the market and the total market demand has been constant at 250,000machines for the last few years. The budgeted selling price for each machine is $10,000 andstandard contribution is equivalent to 10% of the budgeted selling price. An initial performance review of the companys actual results showed a sales volume of5,600 machines had been achieved. The total market demand for the machines, though,had risen to 300,000 units. What is the market share variance for the clinical machines? A $200,000 favourableB $400,000 adverseC $600,000 favourableD $1,000,000 adverse考点 Chapter12Planningandoperationalvariances解析 Market share variance compares revised sales volume to actual sales volume.Revised sales volume (300,000 units 2%) = 6,000 units Actual sales volume = 5,600 unitsDifference = 400 units adverseValued at standard contribution of $1,000Variance = $400,000 adverse11. 单选题 Extracts from a companys records from last period are as follows. Budget ActuaI Production 1,925units 2,070 units Variable production overhead cost$11,550 $14,904 Labour hours worked5,7758,280 What are the variable production overhead variances for last period? A ExpenditureEfficiency $1,656 (F) $2,070 (A) B Expenditure Efficiency$ 1,656 (F) $3,726(A) C ExpenditureEfficiency $1,656 (F)$4,140 (A) D Expenditure Efficiency $3,354 (F) $4,140 (A) 考点 Chapter21Performancemeasurement解析 Standard variable production overhead cost per hour = $11,550 +5,775 = $2 $8,280 hours of variable production overhead should cost (X $2) 16,560but did cost14,904Variable production overhead expenditure variance 1,656(F)Standard time allowed for one unit = 5,775 hours + 1,925 units = 3 hours2,070 units should take (x 3 hours) 6,210 hoursbut did take 8,280 hoursEfficiency variance in hours 2,070 hours (A)x standard variable production overhead cost per hour X $2Variable production overhead efficiency variance $4,140 (A)12. 单选题 The management accountant of a business has identified the following information: Activity level 800 units 1,200 units Total cost $16,400 $23,600 The fixed costs of the business step up by 40% at 900 units. What is the fixed cost at 1,100 units? A $6,400B $7,600C $10,000D $14,000考点 Chapter9Quantitativeanalysisinbudgeting解析 This question uses the same data as Q96 therefore, initially calculate variable cost perunit as above to be $8.00 per unit, then substitute this value into the equation for thehigher level of activity as follows:$23,600 = 1.4FC + (1,200 $8VC)$23,600 = 1.4FC + $9,600$23,600 $9,600 1.4FC$14,000 = 1.4FC ( i.e. after increasing fixed costs by 40% upon exceeding 900 units)13. 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.14. 论述题 Provide three reasons why standard costing conflicts with schemes of continuous improvement and costreduction programmes.考点 Chapter10Budgetingandstandardcosting解析 (a) Efforts to improve the efficiency of operations or reduce costs will alter quantities of inputs, prices,and so on, whereas standard costing is best used in a stable, standardised, repetitive environment.(b) Predetermined standards conflict with a philosophy of continual improvement.(c) Standard costs often incorporate a planned level of scrap in material standards. This is at odds withthe aim of zero defects inherent in continuous improvement programmes.15. 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. 16. 单选题 Imran claims that Zak owes him 1,000 as a result of a breach of contract. In which court will Imran start his action against Zak? A A Magistrates CourtB A County CourtC The High Court考点 Chapter1Lawandthelegalsystem解析 Breach of contract cases are heard by a County Court.17. 单选题 In the context of corporate insolvency, which of the following describes the purpose of an administrationorder?A To allow the company to pay its debts before it is liquidatedB To prevent legal actions being taken against itC To attempt to rescue the company as a going concern考点 Chapter21Insolvencyandadministration解析 The main purpose of administration is to attempt to rescue the company as a going concern. Duringthis time the company will be protected from legal action but this is not the purpose ofadministration.18. 论述题 EJET is an airline company that operates domestically and internationally using a fleet of 20aircraft. Passengers book flights using the internet or by telephone and pay for their flights at thetime of booking using a debit or credit card. EJET currently measures its performance using financial ratios. The new Managing Director hassuggested that non-financial measures are equally important as financial measures and providefurther insights into company performance. Indicate the statements shown below that are valid: A Non-financial measures are less likely to be manipulated than traditional financial ratios. B Non-financial measures may discourage dysfunctional behaviour by airline staff. C Financial ratios do not need to be linked with non-financial measures. D Non-financial measures are a better indicator of future prospects than financial ratios whichfocus on the short term. E Internal efficiency can be measured by the number of flight take-offs that are on time. F Non-financial performance measures do not need to be developed and refined over time asthey always remain relevant. G Customer satisfaction can be measured in terms of the number of failed attempts to make abooking due to website crashes. 考点 Chapter16私营机构的表现评估解析 The correct answers are:A Non-financial measures are less likely to be manipulated than traditional financial ratiosBNon-financial measures may discourage dysfunctional behavior by airline staff.D Non-financial measures are a better indicator of future prospects than financial ratios whichfocus on the short term.E Internal efficiency can be measured by the number of flight take-offs that are on time.G Customer satisfaction can be measured in terms of the number of failed attempts to make abooking due to website crashes.Financial ratios do not need to be linked with non-financial measures is incorrect. The linkage viaperformance models such as the Balanced Scorecard will help to improve performance as financialratios do not give the full picture.As businesses develop, non-financial performance measures do need to be developed and refinedover time so they can remain relevant.19. 单选题 Which TWO of the following social, domestic and family contracts would be presumed by the courts asintended to be legally binding? (1) An agreement where a father offers to pay his daughter a monthly allowance if she continues hereducation (2) An agreement between friends to enter a newspaper competition together and share any prizesbetween them (3) An agreement between a husband and wife who have separated for one to rent the family home fromthe other (4) An agreement by a son to pay his mother housekeeping money while he stays at home A 1 and 3B 1 and 4C 2 and 3D 2 and 4考点 Chapter4FormationofcontractII解析 Agreements from a husband and wife who have separated, and between friends who have entered acompetition, have both been held by the courts as legally binding agreements. Payment of a monthlyallowance and housekeeping money are not viewed as intending to be legally binding.20. 单选题 Which of the following are likely to use service costing?(i) A college (ii) A hotel (iii) A plumberA (i), (ii) and (iii)B (i) and (ii)C (ii) onlyD (ii) and (iii) only考点 Chapter10Job,batchandservicecosting解析 A college and a hotel are likely to use service costing. A plumber works on separately identifiable jobs and is therefore more likely to use job costing.21. 单选题 International Financial Reporting Standards are issued by which one of the following organisations?A lASBB ASBC The EuropeanUnion考点 Chapter8Theroleofaccounting解析 Rationale: International Financial Reporting Standards are issued by the IASB.22. 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.23. 单选题 Which of the following criteria must a private company meet before it can trade?A It must have obtained a trading certificate from the Registrar of CompaniesB It must have obtained a certificate of incorporation from the Registrar of CompaniesC The members must have agreed to set up the company考点 Chapter13Companyformation解析 A private company can trade as soon has it has obtained a certificate of incorporation from theRegistrar of Companies. No trading certificate is required.24. 单选题 Which of the following is an effect of a companys separate legal personality?A Members and directors of a company are protected from the force of the lawB The company is liable for its own debtsC Members have no liability in the event of the company being insolvent考点 Chapter12Corporationsandlegalpersonality解析 Separate legal personality means that the company is responsible for its own debts. Members anddirectors are not protected from the force of the law because the veil of incorporation can be lifted.Members are liable up to the amount they have contributed in share capital if the company isinsolvent.25. 单选题 Which of the following statements about data security is not true?A Loss or corruption of data is almost always non-deliberateB New staff in particular pose a threatC It is impossible to prevent all threats cost-effectively.D Smoke detectors are a form of data protection.考点 Chapter8Theroleofaccounting解析 Rationale: Data can be lo