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Now try ... 
Attempt the questions below from the 
Practice Question Bank 
Q101 
Q102 
Q103 
Q104 
ANSWERS TO QUICK QUIZ 
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PART F: PROFESSIONAL ETHICS IN ACCOUNTING AND BUSINESS 
 
510
 
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511 
Practice question and answer bank
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PRACTICE QUESTION AND ANSWER BANK 
 
512
 
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PRACTICE QUESTION BANK 
 
513 
1
 
A ........................................ company has a separate legal personality from its owners 
(shareholders). 
Which word correctly completes this sentence?

Private 

Limited 

Public 
(1 mark) 
2
 
……………. comprise all those individuals or groups who have a legitimate interest in an 
organisation's activities. 
Which word or phrase correctly completes this sentence? 

Key 
players 

Stakeholders 

Shareholders 
(1 mark)
3 
Complete the statement given below by using one of the words in the list below. 
'Shareholders are …………………… stakeholders.' 

External 

Internal 

Community 

Connected 
(2 marks)
4 
ABC is a business controlled on the basis of one share, one vote; while DEF is controlled on the 
basis of one member, one vote. 
(a)