Accountant in Business
Pilot Paper from December 2011 onwards
Time allowed: 2 hours ALL 50 questions are compulsory and MUST be attempted.
Do NOT open this paper until instructed by the supervisor. This question paper must not be removed from the examination hall.
The Association of Chartered Certified Accountants
ALL 50 questions are compulsory and MUST be attempted 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. 1 Which of the following are substantive tests used in the context of external audit of financial accounts? A B C D To To To To …show more content…
According to Mendelow which group of stakeholders must companies keep satisfied? A B C D Those Those Those Those with with with with little power and little interest in the company a high level of power but little interest in the company little power but a high level of interest in the company a high level of power and a high level of interest in the company
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 B C D Structural unemployment Cyclical unemployment Frictional unemployment Marginal unemployment
Which of the following is the MAIN function of marketing? A B C D To To To To maximise sales volume identify and anticipate customer needs persuade potential consumers