ACCA Quizzes & Trivia

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Enter your name and email address to take the Free MCQ Test on Accounting for Labour (ACCA F2 / FIA FMA). Number of Questions: 7 questions Time Available: 16 minutes  Your score will be available instantly on an...

Questions: 7  |  Attempts: 931
  • Sample Question
    An employee is paid on a piecework basis as follows:                 1 to 500 units             -   $0.50 per unit               501 to 1000 units       -   $0.75 per unit               1001 to 1500 units     -   $1.00 per unit   Only the additional units qualify for the higher rates, and rejected units do not qualify for payment.   During one day an employee produced 1200 units of which 32 were rejected.   How much did the employee earn for the day?

Enter your name and email address to take the Free MCQ Test on ACCA F2 / FIA FMA. Number of Questions: 15 questions Time Available: 36 mins Your score will be available instantly along with the correct answers to all...

Questions: 15  |  Attempts: 759
  • Sample Question
    Which of the following statements are true?  The main users of financial accouting information are external to the organisation. Cost accounting is that part of financial accounting which records the cash received and payments made by an organisation.

Enter your name and email address to take the Free MCQ Test on Accounting for Materials (ACCA F2 / FIA FMA). Number of Questions: 10 questions Time Available: 24 minutes  Your score will be available instantly on an...

Questions: 10  |  Attempts: 521
  • Sample Question
    The purchase price of an inventory item is $25 per unit. In each three month period the usage of the item is 20,000 units. The annual holding costs associated with one unit equate to 6% of its purchase price. The cost of placing an order for the item is $20. What is the economic order quanity for the inventory item to the nearest whole unit?

 

Questions: 11  |  Attempts: 363
  • Sample Question
    Which of the following is the aim of taxation to discourage:

MCQ quiz of Chapter 5 of ACCA F6 Taxation (Pension)

Questions: 14  |  Attempts: 191
  • Sample Question
    Two types of pension are Personal Pension and __________  Pension.




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ACCA Questions & Answers


What is the economic order quantity for the inventory item to the nearest whole unit? The purchase price of an inventory item is $25 per unit. In each three month period, the usage of the item...
1,461. (2x20 x (4x20,00)/Co.06x25^0.5=1,461 Units. In marketing, carrying the cost of inventory or holding cost refers to the total cost of holding inventory, which includes cost such as rent expressed as a percentage of the cost of inventory. The ec
What was the rate of labour turnover in the year? A company employed 5,700 employees at the end of a financial year. During the year 600 employees left the company and 360 were recruited.
1. 10.3%Employees at the beginning of the year = 5,700 360 + 600 = 5,940 Average number of employees = (5,700 + 5,940)/2 = 5,820 Labour turnover = (600/5,820) x 100% = 10.3%
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