ACCA F1FREE ONLINE CBE BASED MOCK EXAM 20 Questions Prepared by | Diana Levinets -2- ACCA – F1 32 Accountant in Business | CBE Based Test www.ACCA-LIVE.com Welcome to ACCA LIVE This is a CBE based mock exam/test of ACCA – F1 Accountant in Business This publication contains only 20 questions provided free of cost. Students are invited to take part in this free online CBE based test. This is a question paper of test to open up the answer sheet where students can answers CLICK HERE If you find this useful than you can buy more practice questions from www.acca-live.com or join ACCA LIVE’s online classes where such material is provided free of cost and much more benefits. To know more about online classes CLICK HERE The answers after being checked will be emailed to student inbox along with marks obtained, in which areas student is weak and correct answers. If you have any question regarding ACCA then you can contact our support department by clicking HERE and also you can get help from E – Teacher by clicking HERE www.acca-live.com -3- ACCA – F1 32 Accountant in Business | CBE Based Test www.ACCA-LIVE.com Question1 Which of the following one characterized the strategic planning level? A. B. C. D. Short-term perspective Looks at the department of the organization Specify resource requirements Set the budgets to department (2 marks) Question 2 The public sector is that part of the economy that is concerned with providing basic government services and is thus controlled by government organizations. Is this statement true or false? (1 marks) Question 3 Which of the following is objective of profit-seeking organizations by Peter Drucker? A. B. C. D. Caring ‘mission’ Satisfy needs of sectors of society Unprofitable Innovation (2 marks) Question 4 Mr. X is a director of a few small shops. He is a decision-maker. Mr. X sells special equipments for printing-presses. Different sales managers work in each shop. What type of organizational structure does suit to Mr. X’s shops? A. B. C. D. Functional Geographically Entrepreneurial Matrix (2 marks) Question 5 Which of the following is Not one planning levels A. B. C. D. Accounting policy planning Tactical planning Operational planning Strategic planning (2 marks) CLICK HERE to open ANSWER SHEET www.acca-live.com -4- ACCA – F1 32 Accountant in Business | CBE Based Test www.ACCA-LIVE.com Question 6 Which of the following cultural type is popularized by Hardy? A. B. C. D. The market culture The promotion culture The role culture The historical culture (2 marks) Question 7 The advantages of informal organization are better motivation and communication. Is this statement true or false? (1 marks) Question 8 The Ltd. Candy has 5 divisions. All divisions have general managers; they are responsible for their own resources. Divisions are allocated in the different towns. What type of organizational structure does suit to Ltd. Candy? A. B. C. D. Functional Geographically Product Matrix (2 marks) Question 9 Which of the following one is Not limitation of geographically structure? A. B. C. D. Clear responsibilities for areas Geographic growth More skilful management Flexibility (2 marks) Question 10 The main functions of department are: Purchase, production, direct service provision, marketing, finance and pricing. Is this statement true or false? (1 marks) Question 11 Which type of organizational structure does not include board of directors? A. B. C. D. Functional Product Entrepreneurial Matrix (2 marks) CLICK HERE to open ANSWER SHEET www.acca-live.com -5- ACCA – F1 32 Accountant in Business | CBE Based Test www.ACCA-LIVE.com Question 12 Which of the following three writers are known as ‘the writers on culture’? A. B. C. D. Handy, Schein and Drucker Maslow, Herzberg, Handy Handy, Heifetz, Hofstede Handy, Schein, Hofstede (2 marks) Question 13 The weakness of decentralization is? A. B. C. D. Expensive Motivation of staff Decisions are made quicker Cost effective (2 marks) Question 14 Ltd. Boss produces cars. There is a team of professional designers in the company. This team usually works on the specific tasks. The tasks are given by the top managers of ltd. Boss. Which type of organizational cultures, popularized by Handy is suitable in cause of Ltd. Boss? A. B. C. D. The power culture The role culture The person culture The task culture (2 marks) Question 15 The components of organizational culture are: Norms, Symbols and Traditions. Is this statement true or false? (1 marks) Question 16 Which of the following is not type of organizational culture? A. B. C. D. Matrix Divisional Market Department (2 marks) CLICK HERE to open ANSWER SHEET www.acca-live.com -6- ACCA – F1 32 Accountant in Business | CBE Based Test www.ACCA-LIVE.com Question 17 How many rules of managerial conduct are applied by Fayol? A. B. C. D. 10 8 14 15 (2 marks) Question 18 Mr. Black works in the distribution company. He plans and controls the work of the group of sales agents. He is responsible just for achieving the specified tasks of his group. Which position in management team does Mr. Black take stand? A. B. C. D. Manager Supervisor Director Worker (2 marks) Question 19 Which of the following categories are formed by Mintzberg? A. B. C. D. Interpersonal, operational, tactical Informational, interpersonal, professional Informational, interpersonal, decisional Decisional, informational, control (2 marks) Question 20 Reward power, coercive power, expert power, referent power, legitimate power are identified by? A. B. C. D. John French and Bertram Raven Handy Taylor and Fayol Schein (2 marks) CLICK HERE to open ANSWER SHEET www.acca-live.com
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