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7/31/2019 ACCA F1 Revision Course Mock-1-New-Syllabus- ANSWERS
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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
DO NOT OPEN THIS PAPER UNTIL YOU ARE READY TO START UNDEREXAMINATION CONDITIONS
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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.
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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
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12) C. Timeliness
13) B. HRM
14) A. Communication
15) A. Dishonesty, motivation & opportunity
16) B. When conditions are imposed, with which a lot cannotcomply
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
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24) B. Inbound & outbound logistics, marketing, operations &service
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)
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36) C. Supplier
37) C. Well established rules
38) C. Organisations run by the Government
39) B. Affects demand
40) A. Communicating decisions
41) A. Fiedler
42) C. Has a Contractual relationship with the company
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) B International Accounting Standards Board (IASB)
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