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. 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 1 of 20

2. The “Boots case” illustrates what principle of law?

 
 
 
 

Question 2 of 20

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

Question 3 of 20

4. What majority voting in favour is required to pass a special resolution?

 
 
 
 

Question 4 of 20

5. There are three offences involved in the criminal offence of Money Laundering. Which one is NOT one of them?

 
 
 
 

Question 5 of 20

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

 
 
 
 

Question 6 of 20

7. ICC is the abbreviation for:

 
 
 
 

Question 7 of 20

8. Is this statement true? In company law, when the Chief Executive Officer dies, the company ceases to exist until a replacement CEO is appointed.

 
 

Question 8 of 20

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

 
 
 
 
 

Question 9 of 20

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

 
 
 
 

Question 10 of 20

11. Where a person has, historically, been allowed to act as though they were a Chief Executive Officer, the other directors would be **** from denying that title. Complete the gap

Question 11 of 20

12. 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, everyone votes and all members have the same number of votes?

 
 
 
 

Question 12 of 20

13. 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 13 of 20

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

 
 

Question 14 of 20

15. In order that a company may reduce its share capital, it requires three authorities. Which one below is NOT one of them?

 
 
 
 

Question 15 of 20

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

 
 

Question 16 of 20

17. To be valid, a charge must be registered with the Registrar of Companies within how many days of its creation?

 
 
 
 
 

Question 17 of 20

18. There are three essential elements of a contract. Two of them are “agreement” and “intention”. What is the third element?

 
 
 
 

Question 18 of 20

19. What sort of remedy is “damages”?

 
 

Question 19 of 20

20. When an employee is dismissed in breach of contract and, as a result, they have suffered loss, this is classified as what type of dismissal?

 
 
 
 
 

Question 20 of 20