You are on page 1of 7

ACCA

Paper F1 Accountant in Business


Revision Course Mock Examination November 2011 Answers
ALL questions are compulsory and MUST be attempted Time Allowed 2 hours R

DO NOT OPEN THIS PAPER UNTIL YOU ARE READY TO START UNDER EXAMINATION CONDITIONS

Tracey Willsea, November 2011 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of Tracey Willsea.

ALL FIFTY questions are compulsory and MUST be attempted 1 ) B. Objectivity

2) A. 'What are the things that motivate people?'

3) A.

Social networking

4) B.

Shaper

5) D.

A variety of sources

6) C.

Relevant

7) D. Cars and tyres 8) C. Realistic

9) B. Wages & Salaries

10) C. Tell & Sell

11) C.

Less

12) C.

Timeliness

13) B.

HRM

14) A.

Communication

15) A.

Dishonesty, motivation & opportunity

16) B. comply

When conditions are imposed, with which a lot cannot

17) A.

Demand curve slopes down from left to right

18) C.

Their interests will be widely different

19) D. Low price elasticity of demand

20) A. Environmental scanning

21)

C.

Mintzberg

22) B.

False

23) D.

Interpersonal relations

24) B. service

Inbound & outbound logistics, marketing, operations &

25) C.

Real work tasks

26) D.

Assumptions

27) D. All of the above

28) D. Determine the needs of our target market

29) B.

Resource, competitive advantage

30) B.

Importing: Exporting

31) B.

Reflectors

32) A.

Compliance-based

33) D.

All of the above

34) B.

Accounting principles

35) B.

Substitutes ( 5 forces)

36) 37) 38) 39)

C. C. C. B.

Supplier Well established rules Organisations run by the Government Affects demand Communicating decisions Fiedler Has a Contractual relationship with the company

40) A. 41) 42) A. C.

43)

A.

Changes in the condition of an industry

44)

B.

Task orientated

45)

A.

To improve products & processes

46)

C. Avoidance strategy

47)

A. Probability

48)

A. Board of Directors

49)

A.

The Directors

50)

International Accounting Standards Board (IASB)

You might also like