Acca f3 exam questions Study guides, Class notes & Summaries
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ACCA F3 2023 Exam Questions with All Correct Answers
- Exam (elaborations) • 10 pages • 2023
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ACCA F3 2023 Exam Questions with All Correct Answers 
1 Which of the following statements is true? 
 
A The directors of a company are liable for any losses of the company 
B A sole trader business is owned by shareholders and operated by the proprietor 
C Partners are liable for losses in a partnership in proportion to their profit share ratio 
D A company is run by directors on behalf of its members - Answer-D A company is run by directors on behalf of its members 
 
2 Which of the following ...
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ACCA F3 Exam Questions with Complete Solutions
- Exam (elaborations) • 10 pages • 2023
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Available in package deal
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- $12.99
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ACCA F3 Exam Questions with Complete Solutions 
Which of the following statements is true? 
 
A The directors of a company are liable for any losses of the company 
B A sole trader business is owned by shareholders and operated by the proprietor 
C Partners are liable for losses in a partnership in proportion to their profit share ratio 
D A company is run by directors on behalf of its members - ANSWER D A company is run by directors on behalf of its members 
 
2 Which of the followin...
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ACCA F3 Exam Questions and Answers All Correct
- Exam (elaborations) • 6 pages • 2023
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ACCA F3 Exam Questions and Answers All Correct 
Financial reporting - Answer-is a way of recording, analysing and summarising financial data. 
 
For-profit entities of whatever size or nature exist - Answer-to make a profit. 
 
Not-for-profit entities exist - Answer-for the achievement of specific objectives rather than to make a profit. 
 
Profit - Answer-is the excess of income over expenditure. When expenditure revenue, the business is running at a loss. 
 
A sole tradership - Answer-is a bu...
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ACCA F3 nilelan Exam with Questions and Answers
- Exam (elaborations) • 108 pages • 2023
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ACCA F3 nilelan Exam with Questions and Answers...
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ACCA F3 nilelan Exam with Questions and Answers
- Exam (elaborations) • 10 pages • 2023
- Available in package deal
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- $8.99
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ACCA F3 nilelan Exam with Questions and Answers ...
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