Please use the space provided on the inside cover of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question. The following are examples of business information: (1) Annual forecasts of revenues and costs for a department (2) Product development plans for the next 2–3 years (3) Targets agreed by key managers at their performance appraisal interviews Which of the above would be classified as tactical information? A 1, 2 and 3 B 1 and 3 only C 2 and 3 only Answer： B Annual targets and management forecasts from performance appraisals indicate medium term planning horizons which are both tactical in nature, whereas product development plans for 2–3 years are longer term strategic objectives. ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： ACCA F1科目考试重点，必看！ ACCA会员权利 & 义务知多少
Please use the grid provided on page two of the Candidate Answer Booklet to record your answers to each multiple choice question. Do not write out the answers to the MCQs on the lined pages of the answer booklet. Each question is worth 2 marks. Which of the following statements are correct? (1) The general level of interest rates is affected by investors’ desire for a real return (2) Market segmentation theory can explain kinks (discontinuities) in the yield curve (3) When interest rates are expected to fall, the yield curve could be sloping downwards A 1 and 2 only B 1 and 3 only C 2 and 3 only D 1, 2 and 3 Answer： D ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： ACCA这张证书价值究竟有多大？写给对ACCA仍不了解的童鞋们 ACCA F1科目考试重点，必看！ 新手入门之ACCA备考如何挑选教材？
Please use the grid provided on page two of the Candidate Answer Booklet to record your answers to each multiple choice question. Do not write out the answers to the MCQs on the lined pages of the answer booklet. Each question is worth 2 marks. Drumlin Co has $5m of $0·50 nominal value ordinary shares in issue. It recently announced a 1 for 4 rights issue at $6 per share. Its share price on the announcement of the rights issue was $8 per share. What is the theoretical value of a right per existing share? A $1·60 B $0·40 C $0·50 D $1·50 Answer： B Value of a right = ((5m x $8 + 1·25m x $6)/6·25 m – $6)/4 shares = $0·4 per share ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： 上班族如何高效复习备考ACCA？ 传说中最适合考ACCA的大学专业，你的专业中枪了吗.... ACCA F1科目考试重点，必看！
Please use the space provided on the inside cover of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question. Each question is worth 2 marks. The following control account has been prepared by a trainee accountant: Receivables ledger control account $ $ Opening balance 308,600 Cash 147,200 Credit sales 154,200 Discounts allowed 1,400 Cash sales 88,100 Interest charged on overdue accounts 2,400 Contras 4,600 Irrecoverable debts 4,900 Allowance for receivables 2,800 Closing balance 396,800 –––––––– –––––––– 555,500 555,500 –––––––– –––––––– What should the closing balance be when all the errors made in preparing the receivables ledger control account have been corrected? A $395,200 B $304,300 C $309,500 D $307,100 Answer： D Receivables ledger control account $ $ Opening balance 308,600 Cash 147,200 Credit sales 154,200 Discounts allowed 1,400 Interest charged on overdue accounts 2,400 Contras 4,600 Irrecoverable debts 4,900 Closing balance 307,100 –––––––– –––––––– 465,200 465,200 –––––––– –––––––– ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： 考经分享丨通过就是王道！备考ACCA，你有必要避免这些坑••• ACCA : F1阶段的每个章节介绍 ACCA F1科目考试重点，必看！
Please use the grid provided on page two of the Candidate Answer Booklet to record your answers to each multiple choice question. Do not write out the answers to the MCQs on the lined pages of the answer booklet. Which of the following is NOT a principle of the UK Corporate Governance Code? A There should be a rigorous and transparent procedure for the appointment of new directors to the board B The board should use the annual general meeting (AGM) to communicate with investors C The non-executive chairman should decide on the remuneration of all directors D All directors should receive induction training on joining the board Answer： C is incorrect as the UK Corporate Governance Code states that no director should be involved in setting their own remuneration. Hence the non-executive chairman cannot set his own remuneration. ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： ACCA F1科目考试重点，必看！ ACCA新手入门该如何安排学习计划？学习ACCA到底有什么收获？
Please use the grid provided on page two of the Candidate Answer Booklet to record your answers to each multiple choice question. Do not write out the answers to the MCQs on the lined pages of the answer booklet. Each question is worth 2 marks. Which of the following would you expect to be the responsibility of financial management? A Producing annual accounts B Producing monthly management accounts C Advising on investment in non-current assets D Deciding pay rates for staff Answer: C Advising on investments in non-current assets is a key role of financial management. ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： ACCA新手入门该如何安排学习计划？学习ACCA到底有什么收获？ ACCA会员权利 & 义务知多少 学ACCA能收获哪些实用专业技能？
Please use the space provided on the inside of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question. Which TWO of the following should be included in an audit engagement letter? (1) Objective and scope of the audit (2) Results of previous audits (3) Management’s responsibilities (4) Need to maintain professional scepticism A 1 and 2 B 1 and 3 C 2 and 4 D 3 and 4 Answer： B Results of previous audits and the need to maintain professional scepticism should be included in an audit strategy as opposed to an audit engagement letter. ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： 【考试攻略】最全ACCA笔考攻略（超详细） ACCA考试经验——简单粗暴就可以！
Please use the space provided on the inside cover of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question. Martin is an experienced and fully trained shipbuilder, based in a western European city. Due to significant economic change in supply and demand conditions for shipbuilding in Martin’s own country, the shipyard he worked for has closed and he was made redundant. There was no other local demand for his skills within his own region and he would have to move to another country to obtain a similar employment, and could only find similar work locally through undertaking at least a year’s retraining in a related engineering field. Which of the following describes the type of unemployment that Martin has been affected by? A Structural unemployment B Cyclical unemployment C Frictional unemployment D Marginal unemployment Answer： A Because of the particular circumstances of the scenario where someone is made redundant from an industry in decline where skills cannot be easily transferred, where re-training might take a long time or where work is not available in the short term within a reasonable geographic proximity, this is classed as structural unemployment. ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： ACCA这张证书价值究竟有多大？写给对ACCA仍不了解的童鞋们 【考试攻略】最全ACCA笔考攻略（超详细）
Please use the space provided on the inside cover of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question. Each question is worth 2 marks. Acc
Please use the space provided on the inside cover of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question. Each question is worth 2 marks. The following extracts are from Hassan’s financial statements: $ Profit before interest and tax 10,200 Interest (1,600) Tax (3,300) ––––––– Profit after tax 5,300 ––––––– Share capital 20,000 Reserves 15,600 ––––––– 35,600 Loan liability 6,900 ––––––– 42,500 ––––––– What is Hassan’s return on capital employed? A 15% B 29% C 24% D 12% Answer： C 10200/42500 ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： ACCA这张证书价值究竟有多大？写给对ACCA仍不了解的童鞋们 传说中最适合考ACCA的大学专业，你的专业中枪了吗.... ACCA准考证打印（附教程）
