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. What is the translation of “quantum meruit?


Question 1 of 20

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


Question 2 of 20

3. What sort of remedy is “injunction”?


Question 3 of 20

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


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. In company law what is the literal translation of “ultra vires” in the context of directors’ actions?


Question 6 of 20

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


Question 7 of 20

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


Question 8 of 20

9. Is a joint venture arrangement classed as a partnership?


Question 9 of 20

10. 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 10 of 20

11. What’s another word commonly used to express “apparent” as in “apparent authority”?

Question 11 of 20

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


Question 12 of 20

13. Is this statement true? “The duty of care owed by accountants is greater when advising on take-overs than when auditing”.


Question 13 of 20

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


Question 14 of 20

15. Whose responsibility is it to call / convene a general meeting of the members of a company?


Question 15 of 20

16. In a situation where the Court is faced with having to interpret statute, the Court will apply the Golden Rule if the application of the Literal Rule would lead to *****.   What is *****?

Question 16 of 20

17. What is the main common law remedy for the innocent party in the event of breach of contract?


Question 17 of 20

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


Question 18 of 20

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


Question 19 of 20

20. 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 20 of 20



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