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

A
Development of selling skills 
B
Regulation and compliance
C
Dissemination of technical knowledge
D
Introduction of new processes or procedures
(2 marks)
7
[P.T.O.
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26
Renata has attended a leadership development course in which she experienced a self-analysis exercise using the
Blake and Mouton managerial grid. The course leader informed her that the results suggested that Renata
demonstrated a 9·1 leadership style. 
What other conclusions may be drawn in relation to Renata’s leadership style?
1.
She maximises the involvement of her team
2.
She demonstrates little concern for people in the team 
3.
She balances the needs of the team with the need to complete the task.
4.
She is highly focused on achieving the objectives of the team.
A
1 and 2
B
2 and 4 
C
1 and 4
D
2 and 3
(2 marks)
27
The implementation of a budgetary control system in a large organisation would be the responsibility of the internal
auditor.
Is this statement true or false?
A
True
B
False
(1 mark)
28
The following are duties of either internal or external auditors: 
(1) Confirming that the financial accounts present a true and fair view 
(2) Confirming that there are appropriate policies for preventing and detecting fraud
(3) Confirming that the financial accounts have been prepared in accordance with legal requirements 
Which of the above are the roles of an external auditor?
A
2 and 3
B
1 and 2