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. When an employee is dismissed not for a statutory reason nor for a fair reason, this would be classified as what type of dismissal?


Question 1 of 20

2. Is that statement true? The acts of a partner done in the course of the firm’s business do not bind the firm. Only the individual partner is liable”


Question 2 of 20

3. Money laundering is a three step process, which of the steps below is NOT of them?


Question 3 of 20

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


Question 4 of 20

5. 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 5 of 20

6. What sort of remedy is “rectification”?


Question 6 of 20

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


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. “Participation in an unofficial industrial action is not an automatically fair reason for dismissal”. Is that statement true?


Question 9 of 20

10. Where a private company chooses to appoint a company secretary, is it possible for the sole director also to be the company secretary?


Question 10 of 20

11. Is this statement true? “In a private company, any resolution may be passed as a written resolution”


Question 11 of 20

12. Is this statement true? “A company’s Register of Members must always be kept at the company’s registered office”


Question 12 of 20

13. There are three ways of incorporating a company. Which of these is NOT one of them?


Question 13 of 20

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


Question 14 of 20

15. What is the minimum value of paid-up share capital for a public company in the UK?


Question 15 of 20

16. 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 16 of 20

17. Is it true that an agency arrangement may be deemed by the Court to exist, even though the supposed principal and the supposed agent have never met nor know of each other’s existence?


Question 17 of 20

18. Complete the following: “Past consideration is no ******”

Question 18 of 20

19. If pre-tax profit is $40,000, post-tax profit is $36,000, and there are 10,000 50 cent 6% preference shares in issue, how much is the preference share dividend for the year?


Question 19 of 20

20. Is this statement true? “Special notice is required of an ordinary resolution in the event that a director is to be removed from office”


Question 20 of 20



      • avatar says

        @MikeLittle, its fun learning the terms and all but hte closer i get to the exam the more i get uncertain of all i know. Plus the fact that it is a written paper
        Mike i am sure you will be with me in the exam when panic strikes since i listen to all the lectures at least twice.

      • Profile photo of MikeLittle says

        @latoyah, I’ll be there with all of you – you can’t really expect personal attention can you – that would be unfair on the others. But, yes, I’ll be with you, reminding you to plan your answers properly and to stick to your time allocation and to make an attempt at every answer even though you may think you know nothing about the topic.

        Yes, rely on it, I’ll be with you

      • Profile photo of hamzaharoon says

        @MikeLittle, you don’t know sir that How much motivating are you for us………….and by saying all these words it gives me a great boost of confidence! Thanks sir so nice of you May You live a very happy and good Life

  1. avatar says

    The MCQs are excellent. I must say, I am impress with this facility offered for students studying for ACCA qualifications. I hope that more were available. GOOD LUCK TO ALL FOR THE 2012 EXAMS!!

  2. Profile photo of hamzaharoon says

    Hi admin, It seems funny that When I pass the test below 100%, It shows obtained grade as “Pass” and when I clear it with 100% then it shows the obtained grade as “None”, is it a bug or an strategy so students make more efforts for their exams when they see their grade awful? :D

      • Profile photo of hamzaharoon says

        @feiza1, Thanks, Masha’allah because of them I prepared well now, but still the fear lurks within my veins because its not my favourite subject and difficult one up till now, But Still confident and praying that May Allah(S.W.T) guide us all and help us to pass each and every exam of life and May Opentution team also get every success in Life, Ameen

      • Profile photo of feiza1 says

        @hamzaharoon, i 2 itsnt ma favarite i hate law bcoz of the case n fathamore it dont hv calculation, i wz 2 do it on june bt postpond it, i ve decided 2 do it in dec coz cnt b optd in ob degree prior 2 pas’n f4, its so stresy i pray 2 allah 2 mk us pas dis test, ameen.

      • Profile photo of hamzaharoon says

        @feiza1, Insha’allah we will pass, I also don’t like it because of cases but at the same time cases are substantial help to understand relevant laws, Lets hope for the best, Its my first attempt of F4 and I pray it will also be last but in a positive way, Like we pass :)

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