2013年ACCA考试考前每日一练集锦(4)

2013年ACCA考试考前每日一练集锦(4)
1.Which TWO of the following are true for flexible budgets?
(1) A budget which is continually updated to reflect actual results
(2) A budget which has built in contingency to allow for unforeseen events
(3) A budget which identifies the cost behaviour of different cost items
(4) A budget which allows comparison of like with like
A 1 and 2
B 1 and 4
C 2 and 3
D 3 and 4
2.A company manufactures and sells a single product. In two consecutive months the following levels
of production and sales (in units) occurred:
A 200 4,400 (400) 3,200
B (400) 4,400 200 3,200
C 200 3,200 (400) 4,400
D (400) 3,200 200 4,400
3.A company wishes to evaluate a division which has the following extracts from income statement
and statement of financial position.
Income statement:
What is the residual income for the division if the company has a cost of capital of 18%?
A $117,000
B $21,600
C $83,000
D $3,000
4.Under which of the following labour remuneration methods will direct labour cost always be a
variable cost?
A Day rate
B Piece rate
C Differential piece rate
D Group bonus scheme
5.A firm uses marginal costing. The following table shows the variances for a period when the
actual net profit was $30,000.
Materials $300 adverse
Labour $800 favourable
Overheads $550 adverse
Sales price variance $400 favourable
Sales volume contribution variance $800 favourable
What was the budgeted net profit for the period?
A $28,850
B $31,150
C $30,050
D $28,800
6.Are the following statements correct or incorrect?
(1) Discount received should be recorded on the debit side in the payables ledger account
(2) Discount received should be recorded on the debit side in the general ledger
Statement 1 Statement 2
A Correct Correct
B Correct Incorrect
C Incorrect Correct
D Incorrect Incorrect
7.Which TWO of the following will be classified as non-current assets for a dealer in computer
equipment?
(1) Computers for resale
(2) Vehicles for delivering computers
(3) Business capital
(4) Office furniture
A 1 and 2
B 2 and 3
C 2 and 4
D 3 and 4
8.The following items have to be considered in finalising the financial statements of Q, a limited
liability company:
(1) The company gives warranties on its products. The company’s statistics show that about 5%
of sales give rise to a warranty claim.
(2) The company has guaranteed the overdraft of another company. The likelihood of a liability
arising under the guarantee is assessed as possible.
What is the correct action to be taken in the financial statements for these items?
9.A company’s motor vehicles cost account at 30 June 20X6 is as follows:
What opening balance should be included in the following period’s trial balance for Motor vehicles – cost at 1 July 20X6?
A $36,750 Dr
B $48,750 Dr
C $36,750 Cr
D $48,750 Cr
10.On 30 June 20X2, H acquired 80% of the share capital of S. The non-controlling interest had
a fair value of $1,300,000.
Extracts from the statement of financial position of S at 30 June 20X2 and 30 June 20X6 are shown below:
What figure for non controlling interest should appear in the consolidated statement of financial position as at 30 June 20X6?
A $1,220,000
B $1,300,000
C $1,480,000
D $1,400,000
11.Which of the following types of new legislation would provide greater employment opportunities
in large companies?
A New laws on health and safety
B New laws to prevent discrimination in the workplace
C New laws making it more difficult to dismiss employees unfairly
D New laws on higher compensation for employer breaches of employment contracts
12.What is the responsibility of a Public Oversight Board?
A The establishment of detailed rules on internal audit procedures
B The commissioning of financial reporting standards
C The creation of legislation relating to accounting standards
D The monitoring and enforcement of legal and compliance standards
13.Richard is a highly enthusiastic member of his team. An extrovert by nature, he is curious
and communicative. He responds to new challenges positively and has a capacity for contacting people, exploring anything new. However, his attention span is short and he tends to become less involved in a task once his initial interest has passed.
According to Belbin’s team roles theory, Richard displays the characteristics of which of the following?
A Monitor-evaluator
B Plant
C Resource-investigator
D Company worker
14.The aggregate level of demand in the economy is made up of government expenditure, __________,
__________ and net gains from international trade.
Which of the following correctly completes the sentence above?
1. Savings
2. Taxation
3. Investment
4. Consumption
A 1 and 3
B 2 and 3
C 3 and 4
D 1 and 4
15.James conducts a systematic review of suppliers’ delivery notes.
Which of the following does the above control relate to?
A Distribution
B Credit limits
C Quality management
D Goods inwards
1.【答案】D
2.【答案】C
【解析】Month 1: production >sales Absorption costing > marginal costing
Month 2: sales> production marginal costing profit> absorption costing profit A and C satisfy month 1, C and D satisfy month 2; therefore C satisfies both
3.【答案】D
【解析】($120,000 – ($650,000*18%) = $3,000
4.【答案】B
5.【答案】A
【解析】(30,000 + 300 – 800 + 550 – 400 – 800) = $28,850
6.【答案】B
7.【答案】C
8.【答案】A
9.【答案】A
10.【答案】C
【解析】
11.【答案】B
【解析】Equal opportunity policies widen opportunity and enlarge the potential pool of employees to recruit from. The other options either indirectly or directly reduce the potential for staff turnover and therefore limit the number of job vacancies available at any point in time.
12.【答案】D
【解析】The primary aim of a public oversight board is to eliminate or minimise any actual or potential breaches of legislative requirements and to ensure compliance with regulations applicable to organisations within their terms of reference.
13.【答案】C
【解析】The scenario accurately describes the resource-investigator.
14.【答案】C
【解析】The components of effective demand in the economy are consumer spending, investment by enterprises, central and local government expenditure and the net gains from international trade.
15.【答案】D
【解析】Reviewing suppliers’ signatures on delivery notes would be a goods inwards control relating to verifying the authenticity and origin of supplies. The other controls are either more general such as quality or to do with other specific functions such as despatch to customers and credit control.
参与ACCA考试的考生可按照复习计划有效进行，另外高顿网校官网ACCA考试辅导高清课程已经开通，还可索取ACCA考试通关宝典，针对性地讲解、训练、答疑、模考，对学习过程进行全程跟踪、分析、指导，可以帮助考生全面提升复习备考效果。

更多详情可登录高顿网校官网或关注高顿网校微信咨询。