Btf icaew - Study guides, Class notes & Summaries

ICAEW BTF C10 Structure and regulation of the accountancy profession FRC (Financial Reporting Council) comprises: - correct answer the Conduct Committee + the Codes and Standards Committee Regulation of professions should NOT protect the profession's vested interests from competition in order to maintain public trust - correct answer True To appeal Disciplinary Committee decision - correct answer Appeal committee To appeal Investigation Committee decision - correct answer Discipli...

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 arrangement' - correct answer Individuals gathered together for a purpose Explain what is meant by 'controlled performance' - correct answer Performance is monitored against the goals and adjusted if...

ICAEW BTF questions with correct answers

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 vested interests from competition in order to maintain public trust - correct answer True To appeal Disciplinary Committee decision - correct answer Appeal committee To appeal Investigation Commit...

Porter's 5 forces model, what is the purpose and what are the elements? - correct answer Analyses the competitive aspect of the task environment: - Bargaining power of suppliers - Threat of substitute products or services - Bargaining power of customers - Threat of new entrants - Rivalry among existing firms In terms of the management process, what does leading involve? - correct answer Concerned with generating effort and commitment towards meeting objectives What are the diff...

ICAEW BTF - Memory Recap Exam Questions And Answers 100% Pass Porter's 5 forces model, what is the purpose and what are the elements? - answerAnalyses the competitive aspect of the task environment: - Bargaining power of suppliers - Threat of substitute products or services - Bargaining power of customers - Threat of new entrants - Rivalry among existing firms In terms of the management process, what does leading involve? - answerConcerned with generating effort and commitment towar...

BTF ICAEW EXAM QUESTIONS AND ANSWERS Why are businesses regulated? - Answers- to address market failure and externalities (external costs and benefits) - to protect the public interest Outcomes of regulation - Answers- address market failures - increase or reduce social standing - collective desires - enhance opportunities - deal with irreversibility What is irreversibility? - Answerscurrent activities will result in outcomes from which future generations may not recover at all Wh...

ICAEW BTF - Memory Recap Test Questions with Verified Answers Porter's 5 forces model, what is the purpose and what are the elements? - AnswersAnalyses the competitive aspect of the task environment: - Bargaining power of suppliers - Threat of substitute products or services - Bargaining power of customers - Threat of new entrants - Rivalry among existing firms In terms of the management process, what does leading involve? - AnswersConcerned with generating effort and commitment to...