Accountant in Business Paper F1

1 Which of the following are substantive tests used in the context of external audit of financial accounts? A To establish whether a figure is correct B To investigate why a figure is incorrect C To assess whether a figure should be included D To determine why a figure is excluded 2 The following are four styles of management identified by Blake and Mouton: 1. Team 2. Middle of the road 3. Country club 4. Authoritarian Which of the following are the most task efficient managerial styles as suggested by Blake and Mouton? A 1 and 3 B 2 and 4 C 1 and 4 D 2 and 3 3 In relation to the management of conflict, which of the following approaches will maximise the prospect of consensus? A Acceptance B Negotiation C Avoidance D Assertiveness 4 Darragh has been appointed to the management team of a professional football club. His role includes coaching, mentoring and counselling young players who have just signed contracts with the club for the first time. The following are his main activities: 1 Helping the young players to settle in during their first week 2 Identifying each player’s key skills and encouraging them to develop new skills 3 Advising the players on addressing personal issues, such as managing their finances 4 Helping the players to anticipate opponents’ reactions