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


Which of the following matches the correct role to carry out in each of the four activities?



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Which of the following matches the correct role to carry out in each of the four activities?
A
1. Mentor 2. Counsellor 3. Coach 4. Counsellor
B
1. Mentor 2. Coach 3. Counsellor 4. Coach
C
1. Mentor 2. Coach 3. Counsellor 4. Mentor
D
1. Counsellor 2. Mentor 3. Coach 4. Counsellor
(2 marks)
2
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5
In order to ensure that the policies of an organisation are consistent with the public interest, on which of the
following should the directors of a company focus?
A
The long-term welfare of the shareholders
B
Compliance with legal requirements and codes of governance
C
The collective well-being of stakeholders 
(1 mark)
6
Martin is an experienced and fully trained shipbuilder, based in a western European city. Due to significant economic
change in supply and demand conditions for shipbuilding in Martin’s own country, the shipyard he worked for has
closed and he was made redundant. There was no other local demand for his skills within his own region and he
would have to move to another country to obtain a similar employment, and could only find similar work locally
through undertaking at least a year’s retraining in a related engineering field.
Which of the following describes the type of unemployment that Martin has been affected by?
A
Structural unemployment 
B
Cyclical unemployment
C
Frictional unemployment 
D
Marginal unemployment
(2 marks)
7
Which of the following is the MAIN function of marketing?
A
To maximise sales volume
B
To identify and anticipate customer needs 

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