2022年ACCA英国注册会计师考试模拟卷含答案第96期

2022年ACCA英国注册会计师考试模拟卷含答案1. 材料题 What is the discounted payback period of Project Alpha?A Between 1 and 2 yearsB Between 3 and 4 yearsC Between 4 and 5 yearsD Between 5 and 6 years考点 考点：Chapter19Methodsofprojectappraisal解析 The discounted payback period of Project Alpha is between 3 and 4 years. WorkingsProject Alpha Year Cash flow Discount factor PV Cum. PV $ 10% $ $ 0 (800,000) 1.000 (800,000) (800,000) 1 250,000 0.909 227,250 (572,750)2 250,000 0.826 206,500 (366,250)3 400,000 0.751 300,400(65,850) 4 300,000 0.683 204,900 139,050 5200,000 0.621 124,200 263,250 6 50,000 0.564 28,200 291,450The discounted payback period is therefore between three and four years.2. 材料题 Explain how Gus and Het may remove Fay from being a director of FGH Ltd考点 考点：Chapter18Companydirectors解析 Gus and Het could seek Fays removal as a director of FGH Ltd. To do this they would have to provide thecompany with special (28 day) notice to arrange a general meeting. They would then need to arrange for anordinary resolution to be voted on at the meeting, calling for her removal. They have sufficient numbers ofshares between them to meet the requirements of a simple majority.3. 单选题 Where a transaction is entered into the correct ledger accounts, but the wrong amount is used, what is the error known as？A An error of omissionB An error of original entryC An error of commissioD An error of principle考点 Chapter16Correctionoferrors解析 This is an error of original entry.4. 单选题 A company determines its order quantity for a raw material by using the Economic Order Quantity (EOQ) model.What would be the effects on the EOQ and the total annual holding cost of a decrease in the cost of ordering a batch of raw material?A EOQ Total annual holding costA Higher Lower B EOQ Total annual holding costA Higher Higher C EOQ Total annual holding costA Lower Higher D EOQ Total annual holding costA Lower Lower 考点 Chapter6Accountingformaterials解析 If there is a decrease in the cost of ordering a batch of raw material, then the EOQ will also be lower (as the numerator in the EOQ equation will be lower). If the EOQ is lower, than average inventory held (EOQ/2) with also be lower and therefore the total annual holding costs will also be lower5. 单选题 Your company regularly uses material X and currently has in inventory 500 kg for which it paid$1,500 two weeks ago. If this were to be sold as raw material, it could be sold today for $2.00 perkg. You are aware that the material can be bought on the open market for $3.25 per kg, but it mustbe purchased in quantities of 1,000 kg. What is the relevant cost of 600 kg needed to be used in a job for a customer? A $1,325B $1,825C $1,950D $3,250考点 Chapter6Short-termdecisions解析 The correct answer is: $1,950.The material is in regular use so the relevant cost is 500 kg in inventory at the replacementcost of $3.25. The other 100 will need to be purchased at a cost of $3.25.The total is therefore 600 3.25 = $1,950.If you selected $1,325 you valued the inventory at their resale value. The items are inregular use so they would not be resold.$1,825 values the items at their original purchase price but this is a sunk cost.$3,250 is the cost of the full 1,000 kg that must be purchased. However, as the material isregularly used it can be kept in inventory till needed.6. 单选题 In the criminal law system, an immediate appeal regarding a decision by a Magistrates Court could be heardby which of the following courts?A The County CourtB The Crown CourtC The Court of AppealD The Supreme Court考点 Chapter1Lawandthelegalsystem解析 In the criminal law system, an appeal regarding a decision by a Magistrates Court would be heard bythe Crown Court. Appeals can also be made by way of case stated to the Divisional Court of QueensBench in the High Court, but this was not one of the options.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 Which of the following statements concerning promoters is correct?A An accountant who acts in a professional capacity in the formation of a company is a promoterB A promoter may not make a profit as a result of their positionC A promoter that acts as an agent for others must not put themselves into a position where their owninterests clash with that of the company they are formingD A promoter may not own shares in the company that they are forming考点 Chapter13Companyformation解析 Where a promoter acts as an agent for others, they must not put themselves into a position wheretheir own interests clash with those of the company. Accountants acting in a professional capacityare not promoters. A promoter may make a legitimate profit as a result of their position. There isnothing to stop a promoter from owning shares in the company that they form.9. 单选题 Company law requires a company to maintain a register of charges, but not a register ofdebentureholders.A TrueB False考点 Chapter16Loancapital解析 A register of charges must be kept, a register of debentureholders is not required to be kept by theAct.10. 单选题 In the context of money laundering, the transfer of monies in order to disguise their source is known bywhich of the following names?A LayeringB IntegrationC Placement考点 Chapter22Fraudulentandcriminalbehaviour解析 Layering involves the transfer of monies to disguise their original source.11. 单选题 Which one of the following statements about traditional (unlimited) partnerships is incorrect?A In England a partnership has no existence distinct from the partners.B A partnership must have a written partnership agreement.C A partnership is subject to the Partnership Act.D Each partner is an agent of the firm.考点 Chapter11Partnerships解析 A written agreement is not needed.12. 单选题 is learning through a network of computers or the internet (but not stand-alone CD-Rom or tuition software), so that learning support is available from online tutors, moderators and discussion groups.What term is used for this learning technology? A E-learningB Computer based trainingC Blended learningD Computer based assessment考点 Chapter16Traininganddevelopment解析 Rationale： It is the networked aspect that makes e-learning different from CBT (using stand-alonecomputers). Blended learning involves learning using a combination of different methods and technologies： this would be the correct option if thelearning support was available from face-to-face tuition, say.Pitfalls： Learning technologies is fertile territory for examquestions, because there are so many closely-related methods and terms (coaching, mentoring etc).Ways in： Just about anything with an e- in front of it, these days, is about the internet - not stand-along computers, so you should be able to rule out option B. 13. 材料题 材料全屏 The following information has been extracted from the books of Tonson, a limited liability company, as at 31 October 20X6. Dr Cr $000 $000 Cash 15 Insurance 75 Inventory at 1 November 20X5 350 General expenses 60 Energy expenses 66 Marketing expenses 50 Wages and salaries 675 Discounts received 50 Share premium account 200 Retained earnings at 1 November 20X5 315 Allowance for receivables at 1 November 20X5 40 Sales revenue 5,780 Telephone expenses 80 Property expenses 100 Bank 94 Returns inward 95 Trade payables 290 Loan note interest 33 Trade receivables 900 Purchases 3,570 7% loan notes 470 Irrecoverable debts 150 $1 ordinary shares 1,800 Accumulated depreciation at 1 November 20X5 Buildings 360 Motor Vehicles 80 Furniture and equipment 420 Land at cost 740 Buildings at cost 1,500 Motor vehicles at cost 240 Furniture and equipment at cost 1,200 9,899 9,899 You have also been provided with the following information: (a) Inventory at 31 October 20X6 was valued at $275,000 based on its original cost. However, $45,000 of this inventory has been in the warehouse for over two years and the directors have agreed to sell it in November 20X6 for a cash price of $20,000. (b) The marketing expenses include $5,000 which relates to November 20X6. (c) The allowance for receivables is to be increased to the equivalent of 5% of trade receivables. (d) There are wages and salaries outstanding of $40,000 for the year ended 31 October 20X6. (e) Buildings are depreciated at 5% of cost. At 31 October 20X6 the buildings were professionally valued at $1,800,000 and the directors wish this valuation to be incorporated into the financial statements. (f) Depreciation is to be charged as follows: (i) Motor vehicles at 20% of carrying amount (ii) Furniture and equipment at 20% of cost (g) No dividends have been paid or declared. (h) Tax of $150,000 is to be provided for the year. (i) During October 20X6 a bonus issue of one for ten shares was made to ordinary shareholders. This has not been entered into the books. The share premium account was used for this purpose. 62 【论述题】 The statement of profit or loss for the year ended 31 October 20X6 考点 考点：Chapter20Preparationoffinancialstatementsforcompanies解析 TONSONSTATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED 30 OCTOBER 20X6 $000 $000Sales revenue 5,780Less returns inward (95) 5,685Cost of sales (W1) (3,670) 2,015Discounts received 50Gross profit 2,065Expenses Insurance 75 General expenses 60 Energy expenses 66 Marketing expenses (50 - 5) 45 Wages and salaries (675 + 40) 715 Telephone expenses 80 Property expenses 100 Debenture interest 33 Irrecoverable debt expense (W2) 155 Depreciation (W3) 347 (1,676)Net profit before taxation 389Taxation (150)Profit for the year 23914. 单选题 Montagues paint shop has suffered some bad publicity as a result of a customer claiming to be suffering from skin rashes as a result of using a new brand of paint sold by Montagues shop. The customer launched a court action against Montague in November 20X3, claiming damages of $5,000. Montagues lawyer has advised him that the most probable outcome is that he will have to pay the customer $3,000. What amount should Montague include as a provision in his financial statements for the year ended 31 December 20X3? A $nilB $5,000C $3,000D $8,000考点 Chapter11Provisionsandcontingencies解析 Montague should include a provision of $3,000 in his year-end financial statements as this is thebest estimate of theamount he will probably have to pay out.15. 单选题 There is no legal requirement for an LLP to be audited.A TrueB False考点 Chapter11Partnerships解析 False. An LLP may be required to appoint auditors if it fulfils certain criteria.16. 单选题 In a given period, the production level of an item exactly matches the level of sales. How would the profit differ if marginal or absorption costing was used? A There would not be a differenceB It would be higher under absorption costingC It would be lower under absorption costingD It would be higher under marginal costing考点 Chapter9AbsorptionandmarginalCosting解析 Profit figures only differ if inventory changes in the period.17. 单选题 Which of the following differences between share capital and debentures is correct?A Dividend payments on shares is tax-deductible, interest payments on debentures is not tax-deductibleB Interest payments on debentures is mandatory, dividend payments on shares is discretionaryC In the event of liquidation, shareholders are paid their investment back before the debentureholders考点 Chapter16Loancapital解析 Interest on debentures must be paid and is tax-deductible. Dividends are only paid if the directorsdeclare them and payment is not tax-deductible. In the event of liquidation, debentureholders havetheir investment repaid before anything is returned to the shareholders.18. 单选题 In an appraisal interview, the manager tells the subordinate how he has been assessed - good and bad -and then gives him a chance to put questions, suggest improveme