Where Should I Start - AAT Level 1 Or Level 2?

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Frankwood
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Quizzes Created: 4 | Total Attempts: 13,604
| Attempts: 451 | Questions: 25
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1. Tick the correct spelling.

Explanation

The correct spelling is "government".

Submit
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About This Quiz
Accounting Quizzes & Trivia

If you feel that you are not ready to enrol straight on to AAT Level 2 - this quiz will help you to decide. If you get 75%... see moreor more then you are ready for Level 2. If you score less than 75% then Level 1 is probably more appropriate. If you enrol on Level 1 the Premier Training tutors will give you the skills and confidence to progress to Level 2.

If you have any queries then please phone (UK) 01469 515444.

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2. A company received the following number of telephone calls

20 on Monday
30 on Tuesday
15 on Wednesday
40 on Thurday
35 on Friday

What is the average number of calls per day?

Explanation

The average number of calls per day can be calculated by adding up the total number of calls received throughout the week (20+30+15+40+35 = 140) and dividing it by the number of days (5). Therefore, the average number of calls per day is 28.

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3. What is 25% of £80

Explanation

To find 25% of £80, we can multiply £80 by 0.25. This is because 25% is equivalent to 0.25 as a decimal. £80 multiplied by 0.25 equals £20, which is the correct answer.

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4. Tick the correct spelling.

Explanation

The correct spelling is "their house is." The word "their" is a possessive pronoun used to indicate ownership or belonging. In this context, it refers to the house belonging to a group of people.

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5. Tick the correct spelling.

Explanation

The correct spelling is "sincerely" because it follows the standard English spelling rules. The word is spelled with an "e" after the letter "c" to create the /sɪnˈsɪərli/ sound. The other options, "sincerly" and "sincerelly," do not follow the correct spelling conventions.

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6. A company has  a ratio of 4: 1 between sales and wages. If the wages amounted to £75,000 then calculate the value of sales?

Explanation

The ratio of 4:1 between sales and wages means that for every 4 units of sales, there is 1 unit of wages. If the wages amount to £75,000, then we can set up the equation 4x = £75,000, where x represents the value of each unit of sales. Solving for x, we find that x = £75,000/4 = £18,750. To calculate the total value of sales, we multiply the value of each unit by the total number of units, which is 4. Therefore, the value of sales is 4 x £18,750 = £75,000.

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7. If you sold a pair of Trainers for  £80 plus VAT of 20% - how much are the Trainers?

Explanation

20% of 80 equals 16.

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8. Organisations in the public sector are generally financed by the taxpayer.

Explanation

Public sector organizations, such as government agencies and public institutions, rely on funding from taxpayers to finance their operations. This funding comes from various sources, including taxes and government budgets. As these organizations provide public goods and services, it is essential to have a sustainable financial model, which is achieved through taxpayer contributions. Therefore, the statement that organizations in the public sector are generally financed by the taxpayer is true.

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9. In the UK, a company employing less than 10 people is not legally obliged to observe health and safety legilation and guidelines.

Explanation

In the UK, all companies, regardless of their size, are legally obliged to observe health and safety legislation and guidelines. This is to ensure the safety and well-being of employees and prevent workplace accidents or hazards. Therefore, the statement that a company employing less than 10 people is not legally obliged to observe health and safety legislation and guidelines is false.

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10. Which word would best fill the gap in the following sentence?

John is an excellent accounting technician and I am sure that he would be a valuable  ...................  to your comapany.

Explanation

The word "asset" would best fill the gap in the sentence. This is because an asset refers to something or someone that is valuable or useful to a company. In this context, John's skills as an accounting technician would be considered an asset to the company, indicating that he would bring value and benefit to the organization.

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11. Tick the correct spelling.

Explanation

The correct spelling is "develop."

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12. Overtime in a company is paid at a rate of "time and a quarter". 

The normal payment rate is £5.60 per hour. One employee works a normal 40 hour wek and 4 hours overtime.

How much is she paid?

Explanation

The employee works 40 hours at the normal payment rate of £5.60 per hour, which amounts to £224.00. For the 4 hours of overtime, the employee is paid at a rate of "time and a quarter", which means 1.25 times the normal payment rate. So, for the overtime hours, the employee is paid 4 hours x £5.60 x 1.25 = £28.00. Adding this to the normal payment, the total amount the employee is paid is £224.00 + £28.00 = £252.00.

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13. A company has a mark up of 30% on the cost of  sales.

The cost of sales amounted to £150,000. What was the sales figure?

Explanation

The mark up of 30% on the cost of sales means that the selling price is 130% of the cost price. To find the sales figure, we need to divide the cost of sales (£150,000) by 130% (1.3). £150,000 divided by 1.3 is equal to £115,384.62. Therefore, the sales figure is £115,384.62, which is closest to the given answer of £195,000.

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14. What is the missing number:




45/9   =  12 - ?

Explanation

The missing number can be found by dividing 45 by 9, which equals 5. Then subtracting 5 from 12 gives us 7, which matches the given answer.

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15. Tick the correct spelling.

Explanation

The correct spelling is "necessary".

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16. What is the missing number:


1        4        9        ?        25

Explanation

not-available-via-ai

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17. Your boss spends 42 Euros in a shop in Spain. £1 is approximately 1.4 Euros.

The amount he spends in the shop is about:

Explanation

Based on the given information, the boss spends 42 Euros in the shop. Since £1 is approximately 1.4 Euros, we can calculate the amount in pounds by dividing 42 Euros by 1.4. This gives us £30, which is the approximate amount the boss spends in the shop.

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18. A businessman records his mileage in one year. Here are the results:

Business mileage   7,200
Private mileage     10,800

What is the ratio of business mileage to his private mileage?

Explanation

The ratio of business mileage to private mileage is 2:3. This means that for every 2 units of business mileage, there are 3 units of private mileage. In this case, the businessman recorded 7,200 units of business mileage and 10,800 units of private mileage, which is in the ratio of 2:3.

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19. Tick the correct spelling.

Explanation

The correct spelling is "definite." This word means clear, certain, or having a fixed or firm purpose.

Submit
20. Chairs  _______ don't have cushions are uncomfortable to sit on.

Explanation

Chairs that don't have cushions are uncomfortable to sit on.

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21. A total of 1600 people work for a company. The ratio of male to female employees is 3:5.

How many more females than males are there in the company?

Explanation

The ratio of male to female employees is 3:5. This means that for every 3 males, there are 5 females. To find the difference in the number of females and males, we can subtract the number of males from the number of females. 5-3 = 2. This means that for every 2 sets of the ratio (3 males and 5 females), there is a difference of 2 females. Since there are 1600 employees in total, we can divide 1600 by 2 to find the number of sets of the ratio. 1600/2 = 800. Therefore, there are 800 sets of the ratio, which means there are 800*2 = 1600 more females than males.

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22. The number below shows the reading on a digital distance measurer.

1.267 Km

What is the distance correct to the nearest 10 metres?

Explanation

The reading on the digital distance measurer is given as 1.267 Km. To find the distance correct to the nearest 10 meters, we need to round the number to the nearest tenth place. The digit in the hundredth place is 6, which is less than 5, so we round down. Therefore, the correct answer is 1.27 Km.

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23. Which is the largest fraction?

3/4        7/8       4/5        7/9        7/10

Explanation

The largest fraction among the given options is 7/8.

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24. Which of the following organisations are in the 'private sector'?

Please note that there is more than one.

Explanation

Most organisations which are created to make a profit are in the private sector. Organisations which exist to provide a not-for-profit service are usually in the public sector.

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25. You are required to tick / check the business expenses in the following list.
 
Please note that there is more than one.

Explanation

Note: A motor vehicle is an asset not an expense. The fuel cost to run the vehicle is an expense but not the vehicle itself.

Submit
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Tick the correct spelling.
A company received the following number of telephone calls20 on...
What is 25% of £80
Tick the correct spelling.
Tick the correct spelling.
A company has  a ratio of 4: 1 between sales and wages. If the...
If you sold a pair of Trainers for  £80 plus VAT of 20% - how...
Organisations in the public sector are generally financed by the...
In the UK, a company employing less than 10 people is not legally...
Which word would best fill the gap in the following sentence?John is...
Tick the correct spelling.
Overtime in a company is paid at a rate of "time and a quarter". ...
A company has a mark up of 30% on the cost of  sales.The cost of...
What is the missing number:45/9   =  12 - ?
Tick the correct spelling.
What is the missing number:1       ...
Your boss spends 42 Euros in a shop in Spain. £1 is...
A businessman records his mileage in one year. Here are the...
Tick the correct spelling.
Chairs  _______ don't have cushions are uncomfortable to sit on.
A total of 1600 people work for a company. The ratio of male to female...
The number below shows the reading on a digital distance...
Which is the largest...
Which of the following organisations are in the 'private...
You are required to tick / check the business expenses in the...
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