On the question for deficiencies it mentions writing a cover letter which is fine. The answer shows an address and it's addressed to Sir's. Where is the address coming from and how do you know they are Sirs? I can't see that in the information you're given.
Thanks
Ask the Tutor ACCA AA
AA Pre-March 2023 Mock Exam Q23
The address will be fictitious.
The correct "salutation" in a formal letter to a board of directors is "Dear Sirs ..." which always ends "Yours faithfully".
If you were addressing a letter to a named individual it would be "Dear Mr(s) ..." closing with "Yours sincerely".
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