ICAEW

ICAEW bpt ethics (chapter 1) questions with correct answers

Porter's 5 forces model, what is the purpose and what are the elements? - Answer Analyses the competitive aspect of the task environment: - Bargaining power of suppliers - Threat of substitute products or services - Bargaining power of customers - Threat of new entrants - Rivalry among existing firms In terms of the management process, what does leading involve? - Answer Concerned with generating effort and commitment towards meeting objectives What are the different types of po...

ICAEW ACA Law Actual Real Tested Questions And Correct Answers 100% When does UNCISG apply? ANSWER : When parties have their place of business in different states What is an obligation of the seller under the UNCISG? ANSWER : to deliver goods of quality set out in the contract deliver goods on time To comply with Sharia law, should savings and lending arrangements avoid payment of interest? ANSWER : yes Under sharia law, what is riba? ANSWER : the concept of unlawful gain What...

ICAEW ACA Law Actual Real Tested Questions And Correct Answers 100% What is the difference between civil law and criminal law? ANSWER : civil law: claimant and defendant criminal law : prosecution and accused True or false: the party brining a civil case to court is known as the prosecution ANSWER : false What is the party in court who is charged with a criminal offence known as? ANSWER : the defendant To what contract would the UN Convention on Contracts for the International ...

Dr Cr - ICAEW ACA Accounting Question and answers rated A+ 2024 (Generic) Cash paid during the year in expense ledger - correct answer "Dr Expense Cr Cash " (Generic) Cash paid received the year in income ledger - correct answer "Dr Cash Cr Income " Calculate whether a closing accrual is required - correct answer "Dr Expense Cr Accruals " Calculate whether a closing accrued income adjustment is required - correct answer "Dr Accrued income Cr Income " Calculat...

ICAEW - ACA - BPT - Schemes for investment by individuals Questions with complete solution 2024 What are venture capital trusts, enterprise investment schemes and seed enterprise investment schemes - correct answer Tax reducers deducted from the tax calculated to give income tax liability Who can invest in a venture capital trust - qualifying individual - correct answer Individual over 18 subscribing for newly issued shares What must be invested in for a venture capital trust - qualifyin...

ICAEW - ACA - F.M. - Financing options - Equity sources and dividend policy (chapter 7) Question and answers correctly solved 2024 What are the 3 main methods of raising the equity finance If a firm is looking to finance a project through equity - correct answer retained profits in which case dividends may be cut. rights issues. new issues. What must you remember - correct answer that the cost of servicing the equity i.e. k.e will be the same regardless of the historic source of the funds. ...

ICAEW - ACA - F.M. - Investment - Overview (chapter 1) Question and answers 2024 verified to pass Strategy - correct answer the long term direction of the business and how the objectives of the business are achieved Business strategy - correct answer Focuses on ensuring objectives are achieved taking account of. fit with the environment. resources available. stakeholder concerns. Financial strategy - correct answer Focuses on the financial decisions required to achieve the business str...

ICAEW - ACA - F.M. - Managing financial risk Overseas trade Question and answers already passed 2024 Foreign exchange risk - correct answer transaction risk Transaction risk - correct answer the risk that an exchange rate will change between the transaction date and the subsequent settlement date i.e. it is the gain or loss arising on conversion. What does transaction risk occur on - correct answer Imports and exports? Give an example of transaction risk on imports part 1 - correc...

ICAEW - BTF - Chapter 1 - Intro to Business Question and answers correctly solved 2024 What is an organization? - correct answer A social arrangement for the controlled performance of collective goals, which has a boundary separating it from its environment. Explain what is meant by 'social arrangement' - correct answer Individuals gathered together for a purpose Explain what is meant by 'controlled performance' - correct answer Performance is monitored against the goals and adjus...

ICAEW 2 - The accounting equation Question and answers 100% correct 2024 Asset - correct answer A resource controlled by the entity as a results of past events from which future economic benefits are expected to flow to the entity Liability - correct answer Is a present obligation arising from past events, the settlement of which is expected to result in an outflow from the entity of resources embodying economic benefits. Business Entity Concept - correct answer A business is a separat...