ACCA F1 Revision Course Mock-1-New-Syllabus- ANSWERS

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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Documents

ACCA F1 Revision Course Mock-1-New-Syllabus- ANSWERS