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

(2 marks)
148 Which of the following types of committee is often temporary in nature and is formed to 
complete a particular task? 
A ad-hoc 
committee 
B standing 
committee 
C executive 
committee 
D sub-committee 
(2 marks)
149 Which of the following would normally be included in the role of a Committee Chairman? 
A 
Making administrative arrangements 
B Dealing 
with 
correspondence 
C 
Issuing the agenda 
D 
Ensuring correct procedures are followed 
(2 marks)
150 The duties of the committee secretary include which of the following? 
A 
Making notes/Issuing documents/Fixing date, time, location/Deciding who is to speak 
B
Fixing date, time and location/Making notes/Issuing documents/Preparing minutes 
C
Making notes/Issuing documents/Preparing minutes/Maintaining order 
D
Issuing documents/Fixing date, time, location/Ascertaining the consensus view/ 
Preparing minutes 
(2 marks) 
151 
As a requirement of the UK Corporate Governance Code, the remuneration committee of a 
large company determines the: 
(1) 
rates of pay 
(2) grades 
for all of the company’s staff.
Which of the two options given are correct? 
A (1) 
only 
B (2) 
only 
C Both 
D Neither 
(2 marks) 
 
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P AP E R F 1 ( F A B ) :
AC COU N TAN T IN B US INES S
 
34
KA P LA N P UBL I SH IN G 
152 
Committees typically make decisions more quickly than individuals as they create a larger 
pool of skills and knowledge.