ICAEW ACA Accounting Exam practice Guide Questions and Verified Answers 2023/2024

ICAEW Fundamentals of Company law study review Questions and Answers 2023/2024 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 pro...

ICAEW Company sharers and equity share capital Questions and Verified Answers 2023/2024 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 t...

ICAEW Commercial/Company Law Exam Review Questions with complete Answers 2023/2024 What is the difference between civil law and criminal law? - correct answer Civil law: claimant and defendant Criminal law: prosecution and accused True or false: the party brining a civil case to court is kno...

ICAEW critical structure and regulation in accounting Exam Practice guide Questions and Answers 2023/2024 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...

ICAEW Foundational accounting Terms Questions and ascertained Answers 2023/2024 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. S...

ICAEW Grants and charity Accounting Questions and Answers 2023/2024 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 pract...

ICAEW Audit planning and cyber security Questions and Answers 2023/2024 Audit strategy - correct answer background information required to an effective audit- formulation of general strategy which considers materiality risk audit approach experts timing team budgets and deadlines of audit - guides ...

ICAEW - BTF Fundamentals of a Business Practice test Questions and Answers 2023/2024 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 arran...

ICAEW - ACA - F.M Assessing financial risk and foreign trade Hedging Exam Questions and Answers 2023/2024 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 settlemen...

ICAEW – ACA Equity sources and dividend policy and BPT Investment Exam Questions and verified Answers 2023/2024 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 dividends may be cut. ...

ICAEW – ACA Fundamental Dr/Cr Accounting Exam Review Questions and Answers 2023/2024 (generic) cash paid during the year in expense ledger - correct answer "dr expense Cr cash " (generic) cash paid received the year in income ledger - correct answer "dr cash Cr income " Calculate ...