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Published by: Mohammad Usman on Oct 13, 2012
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This person co-ordinates the work of other managers and is responsible to the Board of Directors for the effective running of the organisation. Who is he? 1. Managing director 2. Head of director 3. Chairman of the board 4. General Manager a. 1 and 2 b. 2 and 3 c. 3 and 4 d. 1 and 4 (2 marks) 2. You want to pass an important message to another country. However, that count ry is 12 hours behind the time of your country. Which is the best way to send the massage ? a. Telephone b. Courier c. Video conferencing d. Electronic mail (2 marks) 3. Bill plc bought goods from our company recently. Information regarding this t ransaction can be found in which of the following database? a. Account receivable b. Account payable c. Purchase ledger d. Sales ledger (2 marks) 4. The following are ways to make sure information is accessible to authorised p ersonnel only? 1. Password control 2. Dedicated terminal 3. Database access control 4. Identification badge and PIN a. 1, 2 and 3 b. 1, 2 and 4 c. 1, 3 and 4 d. 2, 3 and 4 (2 marks) 5. a. b. c. d. (2 6. 1. 2. 3. 4. a. b. c. d. What is a system of assessing the performance of employees known as? Performance scheme Monitoring scheme Valuation scheme Appraisal scheme marks) How can a firm ensure health and safety at workplace? appoint fire and safety officer ensure employees are aware of safety procedures disregard evacuation procedures keep records of accidents 1, 2 and 3 1, 2 and 4 1, 3 and 4 2, 3 and 4

How can an accountant present these info rmation in a meeting? a.240 March 1995 86. Discuss in the meeting without any charts (2 marks) 9.000 widgets) January 1995 85. Is the above statement true or false? a. There is no sense of identity d. 3.(2 marks) 7.245 a.127 February 1995 87. c. 4. The figures below show the average cost incurred by your organisation in prod ucing 100. (2 Which of the following are the advantages of centralisation? More flexibility for departments to determine method Sharing of resources Specialisation of local marketing Standardisation of work 1 and 2 2 and 3 2 and 4 3 and 4 marks) 8.000 widgets in each of the last six months.357 April 1995 88. Use a line graph c. Jean Louise Finch is your boss.540 June 1995 68. Unemployment that is resulted by surplus in labour supply in financial servi ces after financial crisis of a country is known as cyclical unemployment. Which of the following is the feature of an informal group? a.888 May 1995 82. True b. False (1 mark) 11. False b. There is no common purpose for the group c. b. Present the figures shown as above b. 1. a. Communication is done through grapevine b. Is the above statement true or false? Average Production Costs (per 100. Integrity of the data depends on the correctness of the data stored in the da tabase. True (1 mark) 10. and she is currently in a meeting with the f inance director of the firm that you both work for. There is no leader in an informal group (2 marks) 12. Use flip chart d. d. You are eager to book a holiday for next month as you . 2.

Staff support the leader. Staff know the objective of the team. Which of the following situation is considered favourable to a leader? a. I. Checking the customers creditworthiness III. III. As soon as she has finished her meeting with the finance director d. 3 and 4 c. Matching invoice against order and delivery note b. All (2 marks) 17. Economy of a country faces stagnant growth b. II.would like to go to Paris for the weekend. they avoid him a nd make sure that they are clear about their respective duties to perform. II. 1. Project evaluation a. Leader can command authority to reward and punish his staff. IV (2 marks) 15. Which TWO of the following are internal control procedures that should be ca rried out in the process of invoicing customer? a. Immediately. At a time that is mutually convenient to you both (2 marks) 13. When would the most appropriate time to discuss your holiday with your boss? a. I. project objective is clear and staff are willing to accept reward but not punishment from the leader b. Pre-listing . Sending out invoice IV. Another name for deflation (2 marks) 16. V b. Staff accept leader s decision on reward and sanction. II. II c. I. What is the meaning of the term stagnation? a. III. (2 marks) 14. Investment appraisal 2. V. 3 and 4 d. Which of the following indicates the correct sales cycle? I. I. unclear about their role s and responsibilities and they are close to the leader c. V. III. like their leaders and are willing to a ccept leader s reward and punishment d. Funding 4. whilst she is in her meeting with the finance director b. IV d. Financial reporting 3. IV. 2. The day before you are due to go to Paris c. 2 and 3 b. IV. Record sales transaction V. Prices become stagnant c. III. V. Which of the following are functions of treasury division in a finance depar tment? 1. Supplying the necessary goods or service a. Receiving orders from customers II. Inflation that is caused by increase in price of crude oil d. 1.

Circle b. 2 and 3 c. Herzberg B. ownership of the business and techno logy are factors that can influence _____________________. Solving problem using this method is slow d. Two-factor theory 2. Aptitude test c. Different views or different ways of solving the problem can be obtained b. Chain c. 1 and 2 b. 1 and 4 (2 marks) 23. Which one of the following is a major advantage of using committee? a. 3 and 4 d. What is main concern of accounting control? 1. The profit of an organisation (1 mark) 19. Maslow D. Member with strong personality can overshadow other members opinions . National culture. McGregor A Matches ___ B Matches ___ C Matches ___ D Matches ___ (2 marks) 22. Ensuring adherence of company policy by the staff 2. Psychometric test b. Match the following theories to the authors. Expectancy theory 3. Price checking (2 marks) 18. Ensuring completeness and accuracy of transaction records a. Hierarchy of needs 1. size of organisation. Which words can be used to complete th is sentence? a. we can use a committee. Giving a candidate applying to be a group accountant a test of performing co nsolidation of accounts is an example of which type of selection test? a. Competence test (1 mark) 20. Ensuring efficiency in business operation 3. Safeguarding company assets 4.c. Theory Author A. The culture of an organisation c. Conflict and disagreement between members can occur c. Vroom C. Theory X 4. Checking the customer creditworthiness d. In making decision or solving problems. Which of the following communication network is the most effective in solvin g simple problem? a. The structure of an organisation b. Wheel (1 mark) 21.

rather than function. correctly complete this sentence? a. International Federation of Reporting Standards d. people who tend to test solu tion and improve existing process are known as _______. one for each product c. Imports. exports d. Which of the following is likely? a. Ethics base on guideline d. Activist b. Exports. A caller makes enquiries about an advertised vacancy for a payroll clerk has been incorrectly routed to your telephone extension. Which of the following word compl etes this sentence? a. in correct order. imports (2 marks) 27. International Financial Reporting Statements c. According to Honey and Mumford s learning styles. Which office should you transfer the call to? . Is the above statement true or false? a. International Financial Reporting Standards (2 marks) 29. International Foundation of Reporting Statements b. There is efficient use of resources (2 marks) 25. Ethics base on duty (2 marks) 30. Sales. Reflector (2 marks) 26. Purchases. which approach is this? a. Ethics base on virtue c. Which words. True b. When a country is in surplus. There are a few accountants.(2 marks) 24. One of the recent issues in the corporate governance is the emphasis of pres ence of nonexecutive directors in the board of directors of public limited companies. What does IFRS stands for? a. Theorist c. Ethics base on consequences b. purchases b. An organisation is structured based on product. its _______________ is more than its _________ ______. sales c. This approach of ethic has the idea that a person should behave according to a set of absolute moral rules in all conditions. The product department is the most important department d. one marketing department and one administration department b. There is one human resource department. False (1 mark) 28. Pragmatist d.

False (1 mark) 34. Reliability h. Inflation that happened in many countries which reached fifty to nineteen th ousand eight hundred percents after world war one and two is known as superinflation. a. investors and the public that audited statements of pub lic limited . Internal control review (2 marks) 37. Social responsibility (2 marks) 33. Fictitious supplier d. Strategy formulation c. Select the personal qualities (select all correct qualities) expected of an accountant from the following list. Bounce cheque (2 marks) 36. Independence f. Timeliness g. True (1 mark) 35. Employing staff who is 190cm or taller d. Accountability d. Is the above statement true or false? a. c. Performance management of the company d. Three desirable qualities of information being input are that it should be a ccurate. b.a. Teeming and lading c. Risk management b. Which of the following are roles of non-executive directors? (select all rel evant answers) a. d. (2 Finance Human resource Sales Administration marks) 31. complete and valuable. False b. Paying less to female workers that perform the like job as male workers do (2 marks) 32. Is the above statement true or false? a. Which one of the following is an example of direct discrimination? a. Courtesy e. Paying less to operational level staff b. Employing only staff who possess the required qualification for the job c. Responsibility c. Which TWO of the following are frauds that could happen in a purchase cycle? a. True b. Respect b. To assure regulators. Bogus supply b. Skepticism i.

Board of directors d. External auditor b. disturbance handler and resource allocator (2 marks) 43. Kotler . In which stage of experimental learning cycle does this happen? a. Whose responsibility is this? a.corporations can be relied upon to provide accurate picture of the financial hea lth of those companies . Application (2 marks) 41. Disseminator. What is the name given to a condition applicable to both DELETE THIS SPAM MS G!!! but which one *DELETE THIS SPAM MSG!!! has considerably smaller ability to comply with it than the other? a. Feedback in a communication process includes which of the following? 1. 1. 2 and 3 b. Performance appraisal 3. Public oversight board (2 marks) 38. spokesperson and monitor b. Direct discrimination b. a blank look 4. Test our analysis of the experience by applying the ideas and principles iden tified . 2. a shrug a. Bennis b. Reflection c. Organise work (2 marks) 39. 1. Figurehead. Training employee 5. All (2 marks) 40. Coordinator. 3 and 4 d. Which of the following are decision-making role of a manger according to Min ztberg? a. 2 and 4 c. Heifetz d. Internal auditor c. Set objective 2. Indirect discrimination c. Who is the author of dispersed leadership theory? a. negotiator and implementer d. Motivating and communicating with staff 4. Entrepreneur. Experience b. Conceptualisation d. Victimisation (1 mark) 42. Which of the following are the work of manager according to Drucker? (Select all correct answers) 1. liaison and leader c. an answer 3. a smile 2. Kotter c.

Unfair c. The same physical database can give rise to different logical views c. Which word cor rectly completes this sentence? a. Self actualisation need c. In the team development model according to Tuckman. Efficient storage and processing data (2 marks) 46. The appraisal interview is considered an exercise without purpose or outcome . Dorming (2 marks) 45. 2 and 3 c. Keith is a successful businessman and when he is asked on what is his greate st dream he said a son to be my successor . b. What does it mean by appraisal as bureaucracy? a. Computer matching 3. Team members resign and new team members join the team . 2. Format check 2. Limit check a. Appraisals are based on yesterdays performance and not on the whole year. Needs for affiliation b. tha t there is lack of agreement on performance levels d. _______ dismissal is dismissal without good and fair reasons. Its underlying purpose of improving individual and organisational performance is often forgotte n. Ego need (2 marks) 48. Security need d. Which of the following controls will help to ensure that data has been input correctly? 1. Keeping the data in one physical database b. Wrongful b. Redundancy (1 mark) 47. It is considered a form filling exercise to satisfy the personnel department. which of the following terms would be used for this stage of the team s development? a. Forming b. The same data is needlessly held in more than one place d. The appraisal should be part of a continuing future focused process of perfor mance management and not just once a year affair. 3 and 4 (2 marks) 49. Norming c. Range check 4. 1. All b. c.(2 marks) 44. What does data redundancy mean? a. 1. 3 and 4 d. What need is he trying to fulfill? a. Adjourning d.

non profit b. increase in share value b. return on investment c. Gud Luck!!!!!!!!!!!! Some the cbe questions I can remember 1)Trade union and staff association In which TWO sectors they belong? a.what differe nce it made -select TWO a.co-operative 2)An organisation removed some of their managers from its structure. but interesti ng. It allows a person to record and process a complete transaction # Had my f1 cbe yesterday.Memorizing theories does nt seems to be enough.for profit c.The questions are not as easy asit seems on the text and syllabus. 7)what is the duty of a committee secretary a.I missed the learning process theorie s and lost 7 marks from that!!!!!!!! I did self study using kaplan text book. It means different people should be doing the tasks of authorisation. It reduces the risks of intentional manipulation or errors c. So if you do a little bit of work its easy to score about 70%-80%. restructuring c. Which TWO of the following are true about segregation of duties? a. signing the minutes b. inventory report b. its founder yes/no b. what was the process a. decision making d. its history yes/no 5)Which TWO of these are both internal and external information a. custody and recording b. preparing the agenda . outsourcing 4)The culture of an organisation depends on the following a.Most of them are scenario based and conceptual.Its better to do a through reading and understanding. Got 83%.You have to know how they are applied in everyday business environment. delayering d. 6)Whats the main interest of a share holder a. Bought tony surridge materials and did all the Q&A in opentuition. bank reconciliation d. some of its managers are now working in small project teams. downsizing b.Dont miss even a single topic. tall scalar chain b. mutual d. short scalar chain d.narrow span of control 3)as part of a restructuring program a company retarined some of its staff and r ehired them. sales invoice c.(2 marks) 50. executi on. It reduces checking in business transactions d. wide span of control c.

management accountant d. investment on capital goods 12)country xyz has a trade surplus what will happen if its currency becomes weak er a. 17)vrooms theory is aa. d.bennis 19)which one of these are the benefits of having diversity policy 20)what is the first stage in kolbs theory when some one learning something new.cost leadership c.pragmatist d. 11)which one of these effects the demand in an economy a.customer focus b. political b. drucker b. 15)Functions of financial management 16)anita is doing th evariance analysis-which dpt.activist b. inform other staff about immediate hazards d. appoint safety officer c. 8)which one relates to ethics select from few options 9)ecological which environmental factor does it belong a. which one of these categories she belong a. 3 weeks ago: 1. savings c. systems b.C .value of imports will be less and export will be more b. both import and export value will be less/ d. more 13) Which one is porters generic strategies a.process theory b. is she working a. maslow d. writing minutes d. herzberg c. Rate this post+2 Quote # # Avatar Image lizzykapambwe said 1 month. technological d.c.economical 10)Which one is the duty of staff regarding to health and safety a.theorist Thats all guys Sorry that i cant remember all the options and the exact wordings o f the questions but hope this help you all a bit. 21)shiela is struggling with learning and meeting deadline before a test .B.D 2. make sure equipments are working safely b. budget preparation c. 14)relationship between accountancy and production dpt. content theory 18)whos theory is about basic human needs a. social c. value of export will be less and import will be more c. reflectors c.

I hope it ll help oth ers to pass their exam.A 13. who would be the loser of rapid inflation saver borrower business with large overdrafts non-unionised labour 8. Raising finance and controling resources 15. Started to take note of some of the questions I wasn t sure of in case failing the exam as I had quite a lot of time left. Duty of audit committee Connected stakeholder (choose from the a list) Characteristic of assimilating Which trend can be described by demography Economic Population Globalisation Employment 5. the advantage of service provision happy customer.please send more. what s mechanism of internal control? 7.3. Good luck! 1. 3 weeks ago: 5. Glad I passed.C 8. 3.a Please send me the answers. scrutinised draft financial statement is concerned with which of the followin g reliability comprehensiveness relevance .A 7.A 4.C 6.a and b 18. Passed ACCA F1 a couple of days ago (CBE).how is the last one Rate this post Quote # # Avatar Image lizzykapambwe said 1 month. 9. what aspect does external audit assess internal audit about? 9. better company reputation reduce marketing cost as customer retained reduce in cost of distribution reduced wage costs in service department during low activity 6.Both a and b(yes) I think these are the answers.b 19 20 21. 4. 11. managed to finish all the questions j ust under one hour. c 17.D 10. The followings are the notes I took from the version in my exam.A 12.thank you for the questions. 16.B 14. 2.

Honey and Mumford learning style. in a flat organisation structure Supervisor has more personal relationship with employees Structure more adaptable to a participative form of management. Who is using Y theory? Neither John Tom Both 12. Chairman Any 2 members Secretary 18. Getting exclusive Variety of work Status of position . Which stage is this team at?? Storming Norming Adjourning Forming 16. excited about various of work he gets involved . they have n ow felt that they have achieved the purpose of forming the team initially: gette r financial situation and decide it s time to split and concentrate on their perso nal goals. which of the following would be the duties of the financial controller Providing accounts reports for the other department Preparing costing for new products Payroll Investing surplus 17. general system control training new staff testing & document of program changes 15. enjoys getting exclusive stories. Which of the following is the Greek god did Handy liken to role culture 19. under what circumstances this relation hindered? tall organisation flat organisation organisation in transition 11. a question about X and Y theory. meaningful goal is more important for employee s. What would be Intrinsic rewards for John. which of the following measures will be used? Reduce public sector spending Reduce public sector borrowing Reduce income tax Increase interest 13. What a mispresented financial statement will result in? false share price reduction of working capital incorrect decision 14. A team has been working together very well for a period of time.. Tom believes contribution. who is a journalist. with good sal ary. Government is trying to increase employment via immediate growth of private sector. informal organization and formal organisation co-exist aloneside. John believes employees value security abov e all. A company employed a Financial controller and treasury manager. what s the characteristic of pragmatist Step back & observe Try out new idea and see if work in practice Involve themselves fully without bias to new experience Adapt and integrate info step by step 20. 21.comparability 10. being mentioned in the headlines. Which member(s) of the committee should sign the minutes at a committee meet ing to confirm it s the true and accurate record. True or False.

Vroom theory emphasised on Process Content 27. budget cost & control cost an d any variance occurred. Which of following has the highest richness of information Emails Memos Telephone Face to face 25.) 3) what human resource management concerned with 4) link between production and accounting department 5) link between marketing and accounting department 6) ecological : which 2 PEST would be concerned with this 7) technology and its affect on a organisational structure 8) identify what is coaching 9) business ethics 10) internal controls 11) identify a substantive test 12) identify if its was authority. under what circumstances this relation hindered? tall organisation flat organisation organisation in transition 17. 14) financial accounting vs management accounting 15) T/F : a treasurer or internal auditor report to the finance director hi. Tom s work involves print monthly budget report. informal organization and formal organisation co-exist aloneside. Who s theory interested in meeting basic human needs Maslow Honey&mumford McGregor the ones I remember Question about 1) the definition of internal audit 2) few questions of audit committee ( adv of... Fayol s theory: function of management 23. responsibility etc 13) best place for a small accountancy firm to advertise for a new job. deciding best remuneration of. Porter s 5 forces 24.Good pay 22. What management information system would Tom needs?? 26. thanks so much for taking ur time to identify the qns. Chairman Any 2 members Secretary . would like to know the ans for this 2qns if u still remember them. 10... Which member(s) of the committee should sign the minutes at a committee meet ing to confirm it s the true and accurate record.

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