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



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Ab kaplan kit

C
1 and 3
(1 mark)
29
Professional accountants must demonstrate integrity at all times.
Which of the following best describes the meaning of integrity?
A
Applying consistently high moral values 
B
Maintaining a neutral and unbiased view on all business decisions
C
Providing timely and accurate information free from errors
(1 mark)
8
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30
The following are either characteristics of a co-operative or of a public limited company:
(1) Maximising the excess of income over expenditure not a primary objective
(2) Members can vote according to the number of shares owned 
(3) Shares can be bought and sold through personal transactions of the members 
(4) All members are invited to attend the annual general meeting and participate in decisions at the meeting
Which of the above are the characteristics of public limited companies?
A
2, 3 and 4
B
2 and 3 only 
C
2 and 4 only
D
3 and 4 only
(2 marks)
31
A company has advertised for staff who must be at least 1·88 metres tall and have been in continuous full-time
employment for at least five years.
Which of the following is the legal term for this practice?
A
Direct discrimination
B
Indirect discrimination 
C
Victimisation
D
Implied discrimination
(2 marks)
32 Which one of the following statements is correct in relation to monetary rewards in accordance with Herzberg’s
two-factor theory?
A
Pay increases are a powerful long-term motivator
B
Inadequate monetary rewards are a powerful dissatisfier 

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