ACCA F8 Revision Quiz

262 Comments

Please take ACCA F8 Revision Quiz

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, so do try the test again)

1. A receivables circulation in which a reply is expected from each customer written to, stating whether or not they agree with the balance.

This is a …

 
 
 
 

Question 1 of 20

2. Which one of the following pairs of evidence is better? Indirect evidence v auditor-direct

 
 

Question 2 of 20

3. A **** liability is a possible liability arising from past event whose existence confirmed by future events

Question 3 of 20

4. When the audit firm changes, the proposed new auditor should contact the retiring auditor. If the client refuses permission for communication to take place, what should the proposed new auditor do?

 
 
 
 
 

Question 4 of 20

5. What is the proper treatment of a contingent liability where there is a possible obligation or a present obligation that may, but will probably not lead to an outflow of assets?

 
 
 

Question 5 of 20

6. Here is an excerpt from an audit report, what word should replace * * *?

“We planned and conducted our audit to obtain * * * assurance that the financial statements are free from material misstatement”

Question 6 of 20

7. Which one of the following is NOT a component of the three components of audit risk?

 
 
 
 

Question 7 of 20

8. Data held on a computer file and which is relatively permanent and which is referred to many times by programs is known as:

 
 
 
 

Question 8 of 20

9. ISA500 states that auditors must obtain ***** ***** audit evidence to be able to draw reasonable conclusions on which to base an audit opinion.

What words are represented by ***** ***** ?

Question 9 of 20

10. Who sets the International Standards on Auditing?

 
 
 
 
 

Question 10 of 20

11. Which one of the following is not one of the fundamental principles of professional ethics?

 
 
 
 
 
 

Question 11 of 20

12. ACCA suggest that lead audit partners should be rotated no less frequently than how many years?

 
 
 
 

Question 12 of 20

13. What type of audit report is given if the FS contain a pervasive material misstatement?

 
 
 
 

Question 13 of 20

14. For how long after the date of the statement of financial position should going concern be assessed?

 
 
 
 

Question 14 of 20

15. There are two types of audit file, one is current audit file, the other is ****** audit file

Question 15 of 20

16. What is the correct treatment of a contingent asset where the inflow of economic benefits is not probable?

 
 
 

Question 16 of 20

17. What is a NED?

 
 
 
 

Question 17 of 20

18. If an item is included in year-end inventory but no invoice had been received by year-end, to get cut-off correct, the cost of the item should be:

 
 
 
 
 

Question 18 of 20

19. What aspects of a client’s undertaking do computer audit programs examine?

 
 
 
 

Question 19 of 20

20. A common element of analytical procedures is ***** analysis

Question 20 of 20


 

 

Comments

  1. Avatar of abdulwahid72 abdulwahid72 says:
    October 31, 2012 at 7:19 am

    0%

  2. Avatar of khanmuhammadtalha khanmuhammadtalha says:
    October 30, 2012 at 3:29 pm

    80% not satisfied

  3. Avatar of claudia1 claudia1 says:
    October 27, 2012 at 10:37 pm

    90% first attempt…but still have a lot of work to revise

  4. Avatar of jazibali jazibali says:
    October 27, 2012 at 8:42 pm

    got 70% in 1st attempt and 90% in second attempt

  5. Avatar of raissa26 raissa26 says:
    October 27, 2012 at 1:29 pm

    60%, got to work a little harder to improve

  6. Avatar of imanuel imanuel says:
    October 18, 2012 at 5:44 pm

    85% not happy

  7. Avatar of gajjuk gajjuk says:
    October 15, 2012 at 5:04 pm

    i got 85%. hope to maintain good percentage in December 12 exam too.

  8. Avatar of lynley lynley says:
    October 14, 2012 at 9:53 pm

    55 need to study hard

  9. Avatar of sima21 sima21 says:
    October 13, 2012 at 9:48 am

    Scored 70%

  10. Avatar of naserian naserian says:
    October 10, 2012 at 12:07 pm

    65% need 2 study hard

  11. Avatar of cb cb says:
    October 8, 2012 at 1:15 am

    75% aand did not really revise. will concentrate on the area of risk

  12. Avatar of balili balili says:
    September 26, 2012 at 7:18 am

    I scored 75% need more reading.

  13. Avatar of chris grant chris grant says:
    September 11, 2012 at 11:35 pm

    85% need to brush up… this paper is hard tho

  14. Avatar of mwansachipo mwansachipo says:
    September 10, 2012 at 10:42 am

    got 65% f8 pls

  15. Avatar of kanwaldeep25 kanwaldeep25 says:
    August 30, 2012 at 8:39 pm

    90% But F8 has killed me !!!!!!!!! God how can I Kill F8.

  16. Avatar of cassa34 cassa34 says:
    August 23, 2012 at 12:39 pm

    Got 65% not even started studying yet – happy

  17. Avatar of beckyrbm beckyrbm says:
    August 12, 2012 at 5:15 pm

    must work harder 65%

  18. Avatar of seancws seancws says:
    August 12, 2012 at 2:31 pm

    80% without any revision

  19. Avatar of mota12000 mota12000 says:
    July 16, 2012 at 11:13 am

    I got 75% hope to improve next week

  20. Avatar of blamoses blamoses says:
    June 12, 2012 at 12:34 pm

    95% that is good, i hope i will make it in exam

  21. Avatar of mani2000 mani2000 says:
    June 12, 2012 at 8:27 am

    i got 80%

  22. Avatar of stevie8126 stevie8126 says:
    June 12, 2012 at 3:41 am

    55% only.. must work harder

  23. Avatar of maggs maggs says:
    June 12, 2012 at 12:09 am

    80%, not bad at all.!!!

  24. Avatar of vicky86 vicky86 says:
    June 10, 2012 at 9:22 am

    90% confidence gained
    still efforts req.
    Best of luck

  25. Avatar of ahmedtalal26 ahmedtalal26 says:
    June 9, 2012 at 4:23 pm

    75%…..gain some confidence…..good work…keep it up:)

  26. Avatar of yvettesn yvettesn says:
    June 7, 2012 at 3:26 pm

    95%……not bad

  27. Avatar of Mugadza Mugadza says:
    June 1, 2012 at 2:42 am

    80%.it shows that ive got great potential.

  28. Avatar of lucyj lucyj says:
    May 28, 2012 at 9:04 am

    got 90% wow

  29. Avatar of haroondar74 haroondar74 says:
    May 24, 2012 at 8:21 am

    Got 80% I Wish To Pass This Time on Same Score…..

  30. Avatar of yatie182 yatie182 says:
    May 23, 2012 at 6:12 am

    85%

  31. Avatar of shabbyy5 shabbyy5 says:
    May 21, 2012 at 1:26 pm

    90 % :D

  32. Avatar of deansmurray deansmurray says:
    May 20, 2012 at 12:13 am

    65% need more practice

  33. Avatar of faimanoushin faimanoushin says:
    May 19, 2012 at 5:10 pm

    70 %, bt still to go long..:((

  34. Avatar of gratitude88 gratitude88 says:
    May 16, 2012 at 3:38 pm

    80% and will determined to pass this time!

  35. Avatar of cedella cedella says:
    May 15, 2012 at 11:00 pm

    55% with basic reading, will step it up.

  36. Avatar of jigzagula jigzagula says:
    May 10, 2012 at 10:07 am

    in a right direction!

  37. Avatar of sabamughal sabamughal says:
    May 8, 2012 at 11:21 pm

    60% not bad. it gave me motivation now to study hard.

  38. Avatar of balili balili says:
    May 8, 2012 at 2:41 pm

    ope the same in an exam wow!

  39. Avatar of pahlachander pahlachander says:
    May 1, 2012 at 3:02 pm

    75% w/o even touching the book till date,so a good motivation to start studying I Guess.

  40. Avatar of hyperigi hyperigi says:
    April 30, 2012 at 4:29 am

    You scored 60%!

  41. Avatar of gjoe gjoe says:
    April 26, 2012 at 5:34 pm

    75% I hope actual results are similar.

  42. Avatar of zahidishaq1980 zahidishaq1980 says:
    April 19, 2012 at 10:48 am

    got 85%

  43. Avatar of opeyemicatherine opeyemicatherine says:
    April 13, 2012 at 8:04 pm

    SCORED 60

  44. Avatar of chipo2010 chipo2010 says:
    April 12, 2012 at 8:56 am

    hope it will > 60 next time

  45. Avatar of suman78 suman78 says:
    April 11, 2012 at 11:35 pm

    yes 60% hope same in exam..

  46. Avatar of maggs maggs says:
    April 11, 2012 at 9:13 pm

    60%, not bad at all, this gives me hope towards passing my exams…..good job Maggs

  47. Avatar of tammytan tammytan says:
    April 11, 2012 at 12:40 pm

    I will try hard to get >70% next round

  48. Avatar of rusbfs44 rusbfs44 says:
    April 6, 2012 at 1:46 pm

    95%, the cut off question I found difficult.

  49. Avatar of daviek daviek says:
    April 2, 2012 at 2:12 pm

    This is helpful, we need more of this, keep up the good work

  50. Avatar of ese247 ese247 says:
    April 2, 2012 at 10:17 am

    70% without any prior reading, good.

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