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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Information

  • This topic has 3 replies, 2 voices, and was last updated 8 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • December 29, 2016 at 6:41 am #364607
    maan87
    Member
    • Topics: 119
    • Replies: 155
    • ☆☆☆

    Hi john sir..guide me about he following plz:

    Q#1. A manager has commissioned a report comaparing the profitablity and market share of services the company currently offera. Which of the following will the manger use the information for?
    A. Controlling
    B. Implementing
    C. Decison making
    D. Planning

    Q.2 which of the following would be data rather than information?
    A. Sales increase/decrease per product in last year
    B. Total sales value per product
    C. Sales made per salesman as a percentage of total sales.
    D. Salesmen’s commision as a percentage of total sales.

    Q.3. A company operates cost and financial accounts.
    Which of the following accounts will not appear in the cost ledger?
    A. Cost of sales account
    B. Production overhead control account
    C. Debtors control account
    D. Work in progress control account

    Q.4 which of the following is not part of purchasing system?
    A. Purchase requisition
    B. G.R.N
    C. Dispatch note
    D. Purchase invoice

    Sir i will b very thankful to u if you explain too the question no 3 and 4.

    Thanks

    December 29, 2016 at 10:30 am #364618
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54659
    • ☆☆☆☆☆

    Surely you have answers to these questions in the same book in which you found the questions!! (If not, then you should be using a Revision Kit from one of the ACCA approved publishers – they contain exam standard questions together with answers and explanations).

    1. C – they will use it to make decisions about whether to stop any of the services or whether to offer any new services.

    2. D – presumably commission is a fixed percentage. The others need calculations in order to provide the information.

    3. C – cost accounts are recording costs, not receivables

    4. C – a despatch note is sent with goods going to customers.

    December 29, 2016 at 2:42 pm #364630
    maan87
    Member
    • Topics: 119
    • Replies: 155
    • ☆☆☆

    Thanks..

    December 30, 2016 at 5:58 am #364650
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54659
    • ☆☆☆☆☆

    You are welcome 🙂

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    Posts
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