ACCA

F1
FREE ONLINE CBE BASED MOCK EXAM

20 Questions

Prepared by | Diana Levinets

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ACCA – F1 Accountant in Business | CBE Based Test www.ACCA-LIVE.com

32 Welcome to ACCA LIVE

This is a CBE based mock exam/test of ACCA – F1 Accountant in Business

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32 Question1
Which of the following one characterized the strategic planning level?

A. Short-term perspective
B. Looks at the department of the organization
C. Specify resource requirements
D. 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. Caring ‘mission’
B. Satisfy needs of sectors of society
C. Unprofitable
D. 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. Functional
B. Geographically
C. Entrepreneurial
D. Matrix (2 marks)

Question 5
Which of the following is Not one planning levels

A. Accounting policy planning

B. Tactical planning
C. Operational planning
D. Strategic planning (2 marks)

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ACCA – F1 Accountant in Business | CBE Based Test www.ACCA-LIVE.com

32 Question 6
Which of the following cultural type is popularized by Hardy?

A. The market culture

B. The promotion culture
C. The role culture
D. 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. Functional
B. Geographically
C. Product
D. Matrix (2 marks)

Question 9
Which of the following one is Not limitation of geographically structure?

A. Clear responsibilities for areas

B. Geographic growth
C. More skilful management
D. 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. Functional
B. Product
C. Entrepreneurial
D. Matrix (2 marks)

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ACCA – F1 Accountant in Business | CBE Based Test www.ACCA-LIVE.com

32 Question 12
Which of the following three writers are known as ‘the writers on culture’?

A. Handy, Schein and Drucker

B. Maslow, Herzberg, Handy
C. Handy, Heifetz, Hofstede
D. Handy, Schein, Hofstede (2 marks)

Question 13
The weakness of decentralization is?

A. Expensive
B. Motivation of staff
C. Decisions are made quicker
D. 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. The power culture

B. The role culture
C. The person culture
D. 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. Matrix
B. Divisional
C. Market
D. Department (2 marks)

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ACCA – F1 Accountant in Business | CBE Based Test www.ACCA-LIVE.com

32 Question 17
How many rules of managerial conduct are applied by Fayol?

A. 10
B. 8
C. 14
D. 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. Manager
B. Supervisor
C. Director
D. Worker (2 marks)

Question 19
Which of the following categories are formed by Mintzberg?

A. Interpersonal, operational, tactical

B. Informational, interpersonal, professional
C. Informational, interpersonal, decisional
D. Decisional, informational, control (2 marks)

Question 20
Reward power, coercive power, expert power, referent power, legitimate power are
identified by?

A. John French and Bertram Raven

B. Handy
C. Taylor and Fayol
D. Schein (2 marks)

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