F1 Mock Exam

1. Which type of business organisation has its liability to creditors limited

2. If assumptions within a spreadsheet are changed and the results monitored, what sort of investigations have been carried out?

3. With regard to diversity of employment, which one of the following features is normally regarded as untrue?

4. Action-centred leadership implies a manager giving attention to:

5. A database management system is

6. Which of the following would be most useful in the credit control function?

7. A job advert asking for people under a certain weight runs the risk of:

8. Which writer is associated with the ‘hierarchy of needs”?

9. Which of the following is likely to be a feature of taller, narrower organizations?

10. Which of the following have to comply with the Financial Reporting Standards

11. On the Blake and Mouton grid, a person who is at position 9,0 has adopted what style of management?

12. It is the function of a remuneration committee to

13. What type of system can be defined as “A file, or set of related files, which many users can access and use without constraining the file contents”

14. Which approach to economics focuses on the supply of money and interest rates?

15. With what are the initials ‘NED’ associated?

16. A increase in interest rates is liable to

17. If a country’s currency strengthens on the foreign exchange markets, which of the following is likely to occur?

18. “Mintzberg’s diagrams of organizational structure contained a number of components.

Which one of the following would relate to middle managers?”

19. Honey and Mumford identified four learning styles. These are

20. Which of the following is not one of Porter’s 5 Forces?

21. A manager who is very keen to establish and implement the best way for staff to accomplish their tasks is adopting what approach to management

22. “John is a manager who is good at setting out his required tasks on a ‘to-do’ list. He is also prepared to switch his telephone to ‘Divert’ and to close his office door to indicate that interruptions are unwelcome. However, he frequently has to work late at night to finish off his less important and urgent tasks. He has a relatively high turnover of staff”

John’s time-management appears to suffer from poor:

23. Which management theorist is associated with the term ‘shamrock organisation’?

24. A company’s office has suffered a fire that destroyed the file server. Data can probably be recovered provided the company had previously implemented a policy of:

25. It is the responsibility of external auditors to produce an audit report which is addressed to:

26. Which of the following is not a fundamental principle of the ACCA’s Code of Ethics and Conduct?

27. Which of the following statements about counselling is true?

28. The person who looks after a department has no great charm or expertise, yet manages to do a reasonable job.

What type of power is this person exercising?

29. Managers and directors are said to have a ‘fiduciary duty’ towards the company they work for. This means that they

30. ‘IFAC’ stands for

31. Who is associates with ‘experiental learning’

32. Which of the following in unlikely to be a barrier to communication?

33. Which of the following could include ‘key players’ ?

34. Which of the following is correct?

35. The control environment can best be described as

36. Which writer is associated with how international perspectives can affect corporate culture?

37. Which of the following is not part of the classical 4 Ps marketing mix?

38. An employee is about to be sent on a course on how to interview potential new employees. It is expected that the emloyee will need this skill in about a year.  This course would be described as

39. The collection of information relating to all customers can be described as:

40. ‘Structural unemployment’ refers to

41. Which motivational theory makes use of the term ‘hygiene’?

42. Which of the following is not an expected result caused by improving the system of internal control?

43. Segregation of duties 

44. “The IT manager can advise, but not insist, that all users of the company system run anti-virus software and do not download any files from the internet.

What relationship does the IT manager have with other departments?”

45. Which writer is associated with terms such as ‘loose’, ‘tight’, ‘contingent’ ?

46. Which of the following departments would be expected to have most responsibility for managing a company’s long term borrowing needs?

47. Which of the following is associated with the Hawthorn Experiments?

48. A person resident in the UK has been given a poor credit reference because of incorrect data held on the manual system of a UK credit reference agency.

Has the person any legal redress under the Data Protection Act 1998?

49. A UK company has upgraded its computer system and despite many training opportunities an employee cannot operate the new system. That employee

50. Which one of the following statements is true?