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2. Business and Technology (ACCA)

Standalone assignment

Continuous Assessment - 2
Submissions
Here are your latest answers:

Question 1
"""Which of the following would NOT be classified by Schein as an artefact? ""
"

Response: "Stated aim of the organisation to improve customer service "

Question 2
"Which of the following is not part of the responsibility of a research and development department?
"

Response: Researching market demand for products

Question 3
Deciding the dividend policy of the company forms a part of which of the following roles?

Response: "Finance director "

Question 4
Sophia has recently moved to country A to head up a newly created research team. She quickly discovers that her staff seems unwilling to make major decisions for
themselves and expect her to monitor their work closely. Which of the following features of Hofstede’s cultural dimensions are Sophia’s staff demonstrating?

Response: "High uncertainty avoidance "

Question 5
Which of the following is NOT a part of the 7Ps of the marketing mix?

Response: Purpose

Question 6
"Trevor is trying to find certain key figures from the financial statements of Purple Co. He is unsure about which statements to look for. Which section of the financial
statements will the Net Assets of Purple Co be found?
"

Response: Statement of Financial Position

Question 7
"Financial statements have to give a true and fair view. Which of the following does not reflect true and fair view?
"

Response: The financial statements show a profit.

Question 8
The directors acting in their own interests rather than the shareholders’ interests refers to which of the following?

Response: Agency Problem

Question 9
"Which of the following is a system that is used to store large amounts of data?
"

Response: "Database "

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Question 10
"Which of the following would be most likely to be classed as a preventive control?
"

Response: Establishing procedures for irrecoverable debt collection

Question 11
Which of the following can non-executive directors accept as remuneration from the company?

Response: Equity options

Question 12
Which of the following is a disadvantage of having a committee?

Response: Collective responsibility means that no one person will be responsible for the poor performance of the committee and hence this affects the motivation of
the committee.

Question 13
E Co has a large marketing department. In which of the following ways would this department coordinate with E’s accounting department?

Response: Decisions on the selling price of the product

Question 14
"Which of the following is not a member body of IASB?
"

Response: "Discussion Paper Committee "

Question 15
"Which of the following is a system that can only be accessed by organisational members?
"

Response: Intranet

Question 16
"Which of the following is NOT one of the “capitals” used in integrated reporting?
"

Response: "Environmental Capital "

Question 17
"Which of the following is NOT a stage of money laundering?
"

Response: Transfering

Question 18
Which of the following is NOT a consequence of a compliance failure?

Response: Unqualified audit report

Question 19
"Which of the following is NOT a benefit that could be realised from a successful CSR programme?
"

Response: "Improvement in innovation by identifying new market opportunities. "

Question 20
Which of the following levels of management requires long-term, highly summarised data which is mainly obtained from external sources?

Response: Tactical level management

Question 21
"Which of the following does the IFRS Foundation not form the parent entity of?
"

Response: "Exposure Draft Committee "

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Question 22
Which of the following is NOT a role of the management accountant?

Response: "Financial press relations "

Question 23
Every evening the last person leaving the office premises needs to switch on the security alarm. This control belongs to which of the following categories?

Response: "Physical or logical "

Question 24
"A retail company operates a transaction processing system (TPS). Which component of internal control would this be a part of?
"

Response: "Information systems and communication "

Question 25
Which of the following is NOT a quality of good information?

Response: Adaptable

Question 26
"Which of the following is applicable for an audit committee?
"

Response: """An audit committee should carry out a detailed review of critical elements of the statement of financial position"" "

Question 27
H plc has appointed five members of staff to a new committee. This committee’s purpose is to investigate a one-off failure in H’s production processes that led to the
loss of $100,000 worth of products and to make recommendations as to how H can avoid similar problems in the future. Which type of committee is this?

Response: Ad hoc

Question 28
Which of the following is NOT a principle of good corporate governance?

Response: Preferential treatment of Majority shareholders, proportionate to their shareholding

Question 29
"Which of the following is the correct statement regarding Handy’s cultural types?
"

Response: Role cultures normally require staff to be flexible in order to ensure deadlines are met

Question 30
Vent is an online retailer of games, DVDs and books. It is currently planning an upgrade to its website to make it easier for customers to find the items that they are
looking for. Which one of the 4Ps of marketing does this relate to?

Response: Place

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