P.3
CONTENTS
Page
Index to objective test questions and answers
P.5
Exam Technique
P.7
Paper specific information
P.9
Kaplan’s recommended revision approach
P.11
Section
1
Practice objective test questions
1
2
Practice multi-task questions
75
3
Answers to practice objective test questions
123
4
Answers to practice multi-task questions
163
5
Practice simulation questions
173
6
Answers to practice simulation questions
191
7
Specimen paper questions and answers
199
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P AP E R F 1
( F A B )
: A CCOU N TAN T IN B US INES S
P.4
KA P LA N P UBL I SH IN G
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K APLA N PUBLISH ING
P.5
INDEX TO OBJECTIVE TEST
QUESTIONS AND ANSWERS
PRACTICE QUESTIONS
Page number
Question Answer
The business organisation
1 123
Business organisation and structure
3 124
Organisational culture in business
8 127
Information technology and information systems in business
11 129
Stakeholders
13 130
External analysis – political and legal factors
14 130
External analysis – economic factors
17 132
External analysis – social, environmental and technological factors
24 135
Competitive factors
26 137
Professional ethics in accounting and business
28 138
Governance and social responsibility in business
31 140
Law and regulation governing accounting
34 142
Accounting and finance functions within business
36 143
Financial systems and procedures
39 145
The relationship of accounting with other business functions
41 146
Audit and financial control
42 146
Fraud, fraudulent behaviour and their prevention in business
47 149
Leadership, management and supervision
50 150
Recruitment and selection of employees
54 152
Individual, group and team behaviour
58
154
Motivating individuals and groups
61 156
Learning and training at work
64 157
Review and appraisal of individual performance
67
158
Personal effectiveness at work
69 159
Communicating in business
72 161
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