Question ：The OECD principles of corporate governance are dividend into five categories. One of these is the equitable treatment of shareho ...
2015-09-29 10:09Question ：Which of the following would not be a characteristic of the principal-agent relationship? A. The agent must account for the money ...
2015-09-29 10:09Question ：Which two of the following statements are not true in the context of a Just in Time (JIT) inventory system? A. It can result in m ...
2015-09-29 10:09Question ：Capacity levels used in setting standard absorption rates for production overheads are often related to performance standards. To ...
2015-09-29 10:09Question ：What are the disadvantages of flexible budgets? A. They are not very useful for decision making. B. They are more time consuming ...
2015-09-29 10:09Question ：Alan Castle is a sole practitioner. He has recently been asked to provide one days training for a local charity. He has provision ...
2015-09-29 10:09Question ：In activity based costing (ABC) what is a cost driver? A. A mechanism for accumulating the costs of an activity. B. A cost relati ...
2015-09-29 09:09Question ：Activity based cost drivers are used to do which two of the following? A. Allocate overheads to resources. B. Allocate overheads ...
2015-09-29 09:09Question ：Which three of the following statements describe the effect of an administration order? A. The administrator can sell assets whic ...
2015-09-25 11:09Question ：Which of the following is not a role of a company director? A. To attend and take part in board meetings of the company. B. To ma ...
2015-09-25 11:09Question ：What is called up share capital? A. The amount that shareholders have paid on the shares issued. B. The amount that the company h ...
2015-09-25 11:09Question ：Dillon worked as a burger salesman for Megaburger plc which sells a range of burgers to fast food outlets. Following a disagreeme ...
2015-09-25 11:09Question ：What occurs in a negligence case as a direct result of the claimant proving res ipsa loquitur? A. The defendant then cannot prove ...
2015-09-25 11:09Question ：George offered by letter to sell his car to Clare for ?5,000, and asked her to reply by post.The letter was posted on 7 July. Hav ...
2015-09-25 11:09Question ：Which TWO of the following statements about bank reconciliations are correct? A. Bank charges not yet entered in the cash book sh ...
2015-09-24 10:09Question ：A receivables ledger control account had a closing balance of $8,500. It contained a contra to the payables ledger of $400, but t ...
2015-09-24 10:09Question ：Doggard Co is a business that sells second hand cars. If a car develops a fault within 30 days of the sale, Doggard Co will repai ...
2015-09-24 10:09Question ：Allowances for receivables are an example of which accounting concept? A. Matching B. Consistency C. Accruals D. Prudence The cor ...
2015-09-24 10:09Busters draft accounts for the year to 31 October 20X5 report a loss of $1,486. When he prepared the accounts, Buster did not include an acc ...
2015-09-24 10:09Question ：Which of the following statements about intangible assets in company financial statements are correct according to international ...
2015-09-24 10:09Question ：What is the purpose of charging depreciation in accounts? A. To account for the wearing-out of the asset over its life B. To ensu ...
2015-09-24 10:09Question ：Which one of the following statements about the use of a continuous inventory system is INCORRECT? A. Both the FIFO and average c ...
2015-09-24 10:09Question ：Alana is not registered for sales tax purposes. She has recently received an invoice for goods for resale which cost $500 before ...
2015-09-24 10:09Question ：Which of the following documents should accompany a return of goods to a supplier? A. Credit note B. Debit note C. Remittance adv ...
2015-09-24 10:09Question ：The internet can be a useful source of data and information but it has its limitations. Jo is thinking about setting up a chocola ...
2015-09-23 13:09Question ：A firm has to pay a 20c per unit royalty to the inventor of a device which it manufactures and sells. How would the royalty charg ...
2015-09-23 13:09Question ：A production worker is paid a salary of $650 per month, plus an extra 5 cents for each unit produced during the month. How is thi ...
2015-09-23 13:09Question ：What is the economic batch quantity used to establish? Optimal _________ A. cumulative production quantity B. inventory level for ...
2015-09-23 13:09Question ：Which of the following statements about predetermined overhead absorption rates are true? A. (i) Using a predetermined absorption ...
2015-09-23 13:09Question ：Which of the following statements about management accounting information is/are true? A. They must be stated in purely monetary ...
2015-09-23 13:09
