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1. Which of the followings belongs to UK Equal Opportunity legislation?

Disable person 1944

1958
ii

Equal pay Act


iii

Rehabilitation of offender Act


iv

Health and Safety at work 1974


v

Employment Act 2002


A. i) ii) iii) v)
All above

B. i) iii) iv)

C. i) ii) iii) iv)

D.

2.A combination of unacceptably high unemployment and unacceptably high inflatio


n is call________.
Which one of followings can complete the

sentence?
A. Inflation
on

B. Deflation

C. Depression

D. Stagflati

3. Which one of the followings is NOT the suitable solution for clearing with ba
lance of payment
deficit?

A.Depreciation of currency
C.Reduce to domestic demand

B. Import quotas and tariff


D. Increase to domestic demand

4. Inflation can have negative effect on macro-economic.


A. True

B. False

5. Fiscal economic policy refer to government use___; ___to influence


the aggregate demand .Monetary
policy refer to government use___; ___; ___to influence the aggregate demand.

A. Taxation, Government spending, Exchange rate, Money supply. Interest rate


B. Money supply, Interest rate, Taxation, Government spending, Exchange rate.
C. Exchange rate, Interest rate, Government spending, Money supply, Taxation

D. Government spending, Money supply, Interest rate, Exchange rate, Taxation

6. Which one of followings is NOT a main accounting function in an organization?


A.Financial accounting for external reporting purposes.
B.Internal audit function for checking the control system
C.Management accounting and cost accounting.
D.Financial management for fund rising and investment appraisal.

7. Which one of followings is NOT the purpose of the internal control system?
A.Safeguard assets prevent and detect frauds and errors.
B.To provide the timely and accurate management information for effective operat
ion of company.
C.To make sure company will going concern forever.
D.To make sure the quality of financial statement for

external

reporting purposes.

8. Which one of following is NOT the computer input control?


A.Pre-list

B.Control total

C.Post-list

D.Hush total



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9. Which one of the following is NOT the purpose of good corporate governance?
A.Balance to power of the board of directors
B.Increase to transparent of management information

C.Make sure company emphasis on internal control system.


D.Make sure the directors have a high quality career development.

10.The member of nomination committee, remuneration committee and audit committe


e are mainly
consisting the majority of non-executive directors.
A.

True

B. False

11.Which one of the followings is NOT the type of Handys four types of culture?
A. Power culture
re

B. Power distance

C. Person culture

D. Role cultu

12.Which one of the following are components of Mintzbergs organization configura


tions.
i) Strategic apex
ii) Middle line
iii) Operating core
iv) Firm infrastructure
v) Technology development
vi) Techno-structure
A. i) ii) iii) v)
D. All above

B. i) ii) iii) vi)

C. i) iii) v)

13. The informal organization fills the gap left by formal organization.
A. True

B. False

14.Which one of the followings is NOT preventive control?


A.Check the credit rating before issue the sale order
B.Two signatures required before issue a payment document
C.Preparation of bank reconciliation statement
D.Input control such as password and reasonable check.

15.Types of system

Types of decisions

M I S

Un-structured

E S S

Structured

D S S

Semi-structure

O A S

Word-process
(Question 15 is not the ACCA paper F1 exam style question, only for knowledge te
sting purposes)

16.Which one of the followings is NOT the procedure related to selection?


A. Induction program
C. Selection interview

B. Sorting and short-listing the Candidates


D. Job advertisement



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17. Which one of followings is NOT the characteristic related to informal organi
zation?
A.Informal communicate referred to grapevine
B.Informal working style referred to short-cut
C.Informal membership referred to cliques and buddies
D.Informal leadership referred to legitimate and position power

18. Which one of followings is NOT the fundamental principle of ACCA Code of Eth
ics and Conduct?
A. Professional competence and due care

B. Confidentiality

C. Objectivity

D. Independence

19. Span of control refers to number of subordinates reporting to their superior


.
A. True

B. False

20. Scalar chain refers to chain of authority running from the top of the organi
zation hierarchyto
the bottom.
A. True

B. False

21. Which one of the followings is NOT the factor which can influence the span o
f control?
A. The nature of managers work load

B. Time consuming problems

C. The ability of managers

D. Centralization or decentralization

22. Which of the followings factors can shape the culture of an organization?

) organization founder and his beliefs

) organization history, stories, rituals and norms legitimatized

) organizations environment

) past and preceding management leadership

) HR policy and staff turnover


A.

B.

C.

D. All above

23. Which of the following areas should the UK equal opportunity legislation cov
er?
A. When recruitment and selection

B. When training, promoting and appraisal

C. When leaving the organization

D. All above

24. The term of bribery is same as grease money.


A. True

B. False

25. Which one of the following is NOT the component of primary activities accord
ing to Michael
Porters value chain?
A. Procurement
ics

B. In bound logistic

C. Operation

D. Outbound logist

26.Type of unemployment
Real wage

Time to match job

Definitions
Fictional

Cycles of economy

Structural

Industry structure change



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Cyclical of demand

Trade union or minimum wages

(Question 26 is not the ACCA paper F1 exam style question, only for knowledge te
sting purposes)

27. Which one of the followings is NOT the function of management according to F
ayols theory?
A. Planning
g

B. Organizing

C. Co-Coordinating

D. Decision makin

28. Which one of the following is NOT the feature of Talyors scientific managemen
t theory?
A. Work study techniques

B. Planning and doing were separated

C. Job itself can be a motivating factor

D. Job were micro-designed

29. Which one of followings is NOT the element in Minizbergs manager roles theory
?
A. Communicational
nal

B. Informational

C. Interpersonal

D. Decisio

30. Contingency management theory can be defined as "There is no one right way t
o lead that
will fit all situation.
A.True

B. False



1.

2.

3.

4.

5.

6.

7.

8.

9.

10.

11.

12.



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13.

14.

15.

refers

to
notes

16.

17.

18.

19.

20.

21.

22.

23.

24.

25.

26.

refers to notes

27.

28.

29.

30.

ACCA

ACCA


ACCA



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