Acca Study guides, Revision notes & Summaries
Looking for the best study guides, study notes and summaries about Acca? On this page you'll find 698 study documents about Acca.
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ACCA – ATX QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS
- Exam (elaborations) • 14 pages • 2023
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Residency & Tax correct answer: Resident = UK + Worldwise 
Non Resident = UK Income 
 
Define Residency correct answer: Auto No 
Auto Yes 
 
Auto No correct answer: In UK 
"Short Stay" 
<16 days + Previous Resident 
<46 days + Never resident 
 
<91 days + Employed Abroad 
 
Auto Yes correct answer: >183 days 
Only Home in UK 
Employed Full-Time 
 
Residency Ties correct answer: 1. Close family in UK (Wife, child). 
2. House in UK used 1+ night 
3. In UK more other country. 
4...
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ACCA SBR 2023 Exam Questions with Complete Solutions
- Exam (elaborations) • 36 pages • 2023
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ACCA SBR 2023 Exam Questions with Complete Solutions 
What if not followed IAS or IFRS? - ANSWER Not True and Fair 
= UNETHICAL 
 
Why PRINCIPLES not RULES? - ANSWER Principles harder to circumvent 
 
Why have a FRAMEWORK? - ANSWER Provides guidances for standards setters 
Gives guidance where no standards exist 
Helps all parties with intrerpretation 
 
2 x Useful qualities of financial information - ANSWER RELEVANCE = Influences Decisions 
FAITHFUL REPRESENTATION =...
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ACCA F3 Study Questions With Complete Solutions.
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Dividends correct answer: Are appropriations of profit after tax 
 
Paying dividends correct answer: Many companies pay dividends in 2 stages during the course of their accounting year 
-in mid year, after the half-year financial results are known, the company might pay an interim dividend 
-at the end of the year, the company might declare a further final dividend 
 
Interim dividend correct answer: Dividends declared and paid during the year 
-declared: 
Debit retained earnings 
Credit divi...
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ACCA - SBL EXAM LATEST UPDATE
- Exam (elaborations) • 151 pages • 2023
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ACCA - SBL EXAM LATEST UPDATE ...
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ACCA F6 Exam Questions and Answers All Correct
- Exam (elaborations) • 42 pages • 2023
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ACCA F6 Exam Questions and Answers All Correct 
Furnished Holiday Lettings - definition - ANSWER Commercial intent 
Available >210 days 
Actually let >105 days 
Long-term occupation (>31 days) <155 days 
 
Furnished Holiday Lettings - Benefits - ANSWER UK or EEA 
Income = earnings 
Rollover relief 
Entrepreneurs Relief 
Gift Relief 
Loss Relief - c/f against FHL 
Capital Allowance on furniture 
 
Rent-a-Room relief - ANSWER £7,500 exempt 
Landlords mai...
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ACCA F8 - Audit and assurance Questions With Complete Solutions
- Exam (elaborations) • 5 pages • 2023
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CHAPTER 4 - PROFESSIONAL ETHICS AND QUALITY CONTROL PROCEDURES correct answer: ° Professional ethics and ACCA code of ethics and conducts 
° obtaining, accepting and continuing audit engagements 
 
Ethics correct answer: Ethics can be described as moral principles that govern a persons or groups behavior. 
 
Professional ethics 
Professional codes of ethics correct answer: relate to the standard of behavior expected from professional people. 
 
What is the current guidance on ethics for AC...
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ACCA F2 Kit Exam Questions with Correct Answers
- Exam (elaborations) • 21 pages • 2023
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ACCA F2 Kit Exam Questions with Correct Answers 
1 Which of the following statements about qualities of good information is false? 
A It should be relevant for its purposes 
B It should be communicated to the right person 
C It should be completely accurate 
D It should be timely - Answer-C Complete accuracy is not necessarily an essential quality of good information. It needs to be 
sufficiently accurate for its purpose, and often there is no need to go into unnecessary detail for 
pointless a...
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ACCA F1/FBT/BT *Question Bank*
- Exam (elaborations) • 51 pages • 2023
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ACCA F1/FBT/BT *Question Bank*
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ACCA - Audit and Assurance (AA) Questions With Complete Solutions
- Exam (elaborations) • 35 pages • 2023
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ACCA - Audit and Assurance (AA) Questions With Complete Solutions
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ACCA Test Questions with Correct Answers
- Exam (elaborations) • 7 pages • 2023
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ACCA Test Questions with Correct Answers 
predecessors - Answer-someone or something that came before 
 
in conjunction with - Answer-together with 
 
to designate - Answer-to indicate, point out; to appoint; selected but not yet installed 
 
To converge - Answer-To move toward one point, to approach relative nearness 
 
discretion - Answer-good sense 
 
default classification - Answer-standard typical classification 
 
come to mind - Answer-in my head 
 
in essense - Answer-basic real nature of...
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