Acca paper F1 fia diploma in Accounting and Business Accountant in Business (AB/fab) exam kit

(2 marks)
9 
Gareth has recently been asked to join the board of HH Co as a non-executive director. 
Which of the following would mean that he is not sufficiently independent and should 
not accept the role? 
A 
He retired from a managerial role in HH Co 7 years ago 
B 
He holds a very small number of shares in HH Co 
C 
He is a member of HH Co’s corporate pension scheme 
(1 mark)
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PRACTICE SIMULATION QUE S TIONS :
S E CTI ON 5
K APLA N PUBLISH ING 
175
10 
Which of the following would be classified as a connected stakeholder? 
A Government 
B Shareholder 
C Director 
D Media 
(2 marks)
11 
Which of the following is an example of cyclical unemployment? 
A 
Lay-offs among ski instructors in the summer months 
B 
Automation of ticket sales at train stations resulting in the redundancy of ticket 
officers 
C 
Recession, leading to a fall in demand within the building industry
D 
The restriction of employment in the car industry due to a powerful trade union 
keeping wages high 
(2 marks)
12 
Which of the following factors could influence the culture of an organisation? 
(i) 
Past successes and failures experienced by the organisation 
(ii) Senior 
management 
(iii) 
The person who founded the organisation 
(iv) 
The technology used by the organisation 
(v) 
The industry the organisation in 
A 
(i), (iii) and (iv) 
B 
(i), (ii), (iii) and (iv) 
C 
(ii), (iii) and (v) 
D 
(i), (ii), (iii), (iv) and (v)