F4 Revision Test (ENG)

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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)

18373
3.82/5 ( 76% )
based on 38 ratings

1. Where an employer changes the terms of employment of an employee to such a degree that the employee feels that they cannot continue in employment is what kind of dismissal?

 
 
 
 
 

Question 1 of 20

2. What is the meaning of “ratio decidendi”?

 
 
 
 

Question 2 of 20

3. To be classed as an independent contractor much depends on three tests. Which test is NOT one of them?

 
 
 
 

Question 3 of 20

4. “Insanity of a partner is an automatic ground for the dissolution of a partnership”. Is this statement true?

 
 

Question 4 of 20

5. In a “contract for services” the contracted person is:

 
 

Question 5 of 20

6. What word is used to describe what has happened to the original decision when a case goes to appeal and the appeal is won?

 
 
 
 

Question 6 of 20

7. In a “contract of service” the contracted person is:

 
 

Question 7 of 20

8. Is it always true that as soon as a company has been incorporated it may commence trading?

 
 

Question 8 of 20

9. Is this statement true? “On a liquidation, the floating charge debenture holders are paid in priority to all others.  Their claim “floats” to the top of those people who are owed by the company”

 
 

Question 9 of 20

10. What is the minimum number of directors required in a public company?

 
 
 
 
 

Question 10 of 20

11. Which of the three is NOT a division of the High Court

 
 
 
 

Question 11 of 20

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

 
 

Question 12 of 20

13. Is this statement true? “An alteration to the Articles allowing a majority to acquire compulsorily the shares of a minority has been shown not to be for the benefit of the company as a whole”.

 
 

Question 13 of 20

14. What sort of remedy is “quantum meruit”?

 
 

Question 14 of 20

15. What is the minimum number of members required in a private company?

 
 
 
 
 

Question 15 of 20

16. Complete the sentence “The duties owed by a promoter are collectively known as ***** duties”

Question 16 of 20

17. Is that statement true? “A person becomes a member of a company when they have successfully bought shares in the company”

 
 

Question 17 of 20

18. Is it true that death of the offeror has the effect that the offer is no longer capable of acceptance?

 
 

Question 18 of 20

19. In the definition of a contract, the word “agreement” can be divided into two distinct elements. What are those elements?

 
 
 
 
 
 

Question 19 of 20

20. Trading which involves establishing a company with the intention of defrauding creditors is called?

 
 
 
 
 
 

Question 20 of 20