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ACCA F1 Practice Questions and Answers (100% Pass)
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ACCA F1 Practice Questions and Answers (100% Pass)
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©PREP4EXAMS@2024 [REAL-EXAM-DUMPS] Saturday, August 3, 2024 7:34 AMWEST VIRGINIA UNIVERSIRTY- (WV) : 26506
ACCA F1 Practice Questions and Answers (100% Pass)
1. An Organization is a social arrangement which pursues collective goals, which
controls its own performance.
A. True
B. False. - ✔️✔️A
2. Organization is not preoccupied with performance.
A. True
B. False - ✔️✔️B
Organization is preoccupied with performance
3. Organization accumulates and share knowledge.
A. True
B. False - ✔️✔️A
4. Organization enable people to be more ....................................
A. Limited
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,©PREP4EXAMS@2024 [REAL-EXAM-DUMPS] Saturday, August 3, 2024 7:34 AM
WEST VIRGINIA UNIVERSIRTY- (WV) : 26506
B. Educated
C. Productive
D. None of the above. - ✔️✔️C
5. Public sector companies are owned by the .......................................
A. Foreigner
B. Locals
C. Government
D. NGOs. - ✔️✔️C
6. The organization who converting one resources into another are
................................... E.g. Coal into electric.
A. Manufacturing
B. Service industry
C. Retail and distribution
D. Energy Sector. - ✔️✔️D
7. Retailing and Distributors companies extract and refine raw material.
A. True
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,©PREP4EXAMS@2024 [REAL-EXAM-DUMPS] Saturday, August 3, 2024 7:34 AM
WEST VIRGINIA UNIVERSIRTY- (WV) : 26506
B. False - ✔️✔️B
Retail and Dist companies delivering goods to the end users. Above is the definition of
manufacturing co.
8. ........................................ Include retailing, distribution, transport, banking, various
business services (e.g. Accountancy, advertising) and public
services such as education, medicine etc.
A. Agriculture
B. Manufacturing
C. Energy
D. Intellectual production
E. Service industries - ✔️✔️E
9. Intellectual production companies produce food and beverage products.
A. True
B. False - ✔️✔️B
False. They produce software, publishing, films, music etc
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, ©PREP4EXAMS@2024 [REAL-EXAM-DUMPS] Saturday, August 3, 2024 7:34 AM
WEST VIRGINIA UNIVERSIRTY- (WV) : 26506
10. Private Sector companies are owned by the central or local government or
agencies.
A. True
B. False - ✔️✔️B
Private sector is owned by individuals and others. Govt. Owned public sector
companies
11. Limited companies term limited liabilities means ...............................................
A .Risk is generally restricted to the amount that they have invested in the company
B. Risk is linked to investor personal holdings.
C. That the funds they invest in the company are secured.
D. None of the above. - ✔️✔️A
12. A limited company has a separate legal personality from its owners (shareholders).
A. True
B. False. - ✔️✔️A
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