PACKAGE DEAL OF ICAEW QUESTION AND ANSWER ALREADY PASSED 2024

ICAEW Law Question and answers rated A+ 2024 Features of criminal law - correct answer 1) State disapproves the conduct 2) Purpose - enforcement of particular forms of behavior 3) Case brought by the State 4) Burden of proof: on prosecution 5) Standard of proof: high standards 6) Object: to ...

Icaew law chapter 7 Question and answers 100% correct 2024 Share - correct answer A member’s stake in a company's share capital Name the two most common types of shares - correct answer Preference shares and ordinary shares Describe a share - correct answer A transferable form of persona...

ICAEW BTF C10 Structure and regulation of the accountancy profession Question and answers already passed 2024FRC (Financial Reporting Council) comprises: - correct answer the Conduct Committee + the Codes and Standards Committee Regulation of professions should NOT protect the profession's vest...

ICAEW ACA Law Question and answers 2024 verified to pass What is the difference between civil law and criminal law? 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 false what is t...

ICAEW ACA Accounting Question and answers 2024 verified to pass Users of Accounting - correct answer Any organization/business/individual who needs to keep track of their income, expenses, assets and liabilities. Types of Business Entity - correct answer • Sole trader • Partnership • L...

ICAEW ACA Accounting Question and answers correctly solved 2024 Accounting - correct answer A way of recording, analyzing and summarizing transactions of an entity. Statement of Profit and Loss - correct answer It reflects the performance of a business over a period of time. Statement of Fin...

ICAEW AA Chapter 11 Questions with complete solution 2024 Special entities - correct answer Extra regulations- bank/insurance/charities Subject to professional rules - solicitors Charities - correct answer Regulates under Charities Act 2016 Charities statement of Recommended Practice (SO...

ICAEW AA Chapter 7 Question and answers rated A+ 2024 ISA300 - planning audit - correct answer Time wasted doing wrong - inefficient Really important work might not be done at all- not prioritizing key work Wrong conclusion may be drawn Audit Strategy - correct answer Background informati...

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...

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 a...

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 ...

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...

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 divid...

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 ca...