F4 Revision Test (ENG)

Please take ACCA F4 Revision Test

To complete the quiz you must answer all 20 questions, then you will be shown the results and the correct answers.

(This quiz selects 20 questions at random from the bank of over 100 questions, so do try the test again)

1. An annual general meeting requires a notice period of how many days?


Question 1 of 20

2. Is this statement true? “To write off preliminary and formation expenses” is one of the few allowable uses of the share premium account.


Question 2 of 20

3. Is that statement true? “As a general rule, an advert is taken to be an offer capable of acceptance”.  


Question 3 of 20

4. If you are the defendant in a civil law court case, what title is given to the other party?


Question 4 of 20

5. Where a company has equity shares of $1 each with a mid-market price of £2.40, the minimum amount for which any new shares can be issued is?


Question 5 of 20

6. When an employer dismisses an employee without giving any notice is what kind of dismissal?


Question 6 of 20

7. In a company with 1,000 members, what is the MINIMUM number of members who must vote in favour in order to pass a special resolution and all members vote?


Question 7 of 20

8. ICC is the abbreviation for:


Question 8 of 20

9. Is it always true that once a company has been incorporated it has a separate legal identity?


Question 9 of 20

10. The terms may NOT be implied into a contract by


Question 10 of 20

11. In the context of consideration, what characterises “executed consideration”?


Question 11 of 20

12. In company law, what does the abbreviation CDDA mean?


Question 12 of 20

13. What sort of remedy is “damages”?


Question 13 of 20

14. Is this statement true? “Where a private company wishes to appoint a company secretary, that appointee should, by law, be appropriately qualified”


Question 14 of 20

15. Is summary dismissal ever justified?


Question 15 of 20

16. What is the highest court in the English legal system?


Question 16 of 20

17. Is this statement true? “On a liquidation, all debenture holders are paid in priority to the members.”


Question 17 of 20

18. Is it always true that a company exists from the date which is shown on the certificate of incorporation?


Question 18 of 20

19. Is it possible that a partnership may be deemed by the Court to exist even though the two people involved have never spoken to each other?


Question 19 of 20

20. What principle could be described as “The cornerstone of English Law”?


Question 20 of 20