F1 (BT) – Chapter 13 MCQ’s (Financial technology (Fintech)) – ACCA

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F1-BT-Chap-13-Financial-technology

These are ACCA F1 (BT/FBT) Business and Technology MCQs for Chapter; Financial technology (Fintech).

These MCQs are designed in a way that students could better understand the exam format and get used to practice online. This approach will reduce exam stress and enable students to prepare better.

We request the students, Not to solve the MCQs until they have finished the entire chapter “Financial technology (Fintech)”.

All the questions are compulsory, so do not skip any.

INFORMATION ABOUT THESE MCQs Test

Course: ACCA
Fundamental Level: Knowledge, FIA
Subject: Business And Technology
Paper: F1 – BT
Chapter: Financial technology (Fintech)
Chapter Number: 13 of the Practice and Exam Kit; and 17 of the Study Text
Syllabus Area: C – Accounting and reporting systems, technology, compliance and controls
Questions Type: MCQs
Exam Section: Section A

Number of the Questions

These MCQs Test consist of 9 Questions that covers the Chapter; Financial technology (Fintech) of ACCA F1 (BT) Business and Technology Module.

Time

These MCQs have a deadline. Students have to finish the Test within the given time period so Students can get used to finishing the Exam in time.

As in ACCA Exam, there are 1.8 minutes per mark. So each 2 marks question have 3.6 minutes to complete.

This Test includes some MCQs that worth 2 marks and some worth 1 Mark. We therefore giving an average time to complete the Test.

This Test has 9 questions, so Students have total 18 minutes to complete the Test.

Result

Students can see their result at the end of the test. Further, the correct and wrong questions. Moreover, the explanation of wrong questions.

Types of Questions

MCQs: Choose one from the given options.
Multiple choice: Choose all those answers which seems to you correct/ or incorrect, as per the requirement of the question. Keep your eye on the wording “(select all those which are correct/ or incorrect)“.
Drop down: Select from the list provided.
Type numbers: Type your answer in numbers as per the requirement of the question.





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31

F1 - Chapter 13 - Part C Test - MCQs and MTQs

1 / 9

Which of the following is a disadvantage of using cloud accounting software?

2 / 9

Which characteristic of big data relates to the ability to stream data in real-time?

3 / 9

Landis Co has a team of experts whose role is to analyse vast volumes of data concering many areas of the business that comefrom a wide variety of sources. Landis Co is seeking competitive advantage from:

4 / 9

Which of the following is an area of an accountant or auditor's work that is made more effective by automation?

5 / 9

................... is a source of big data that originates from public sector data (for example transport, government financial and public service data).

Which word correctly completes this statement?

6 / 9

Distributed ledgers reduce the need for auditors to …………… because they have a source of information that they can trust.

Which word or phrase correctly completes this statement?

7 / 9

Which of the following accounting tasks could data analytics help to make more effective?

8 / 9

Which of the following technologies allows unconnected organisations and individuals people to trust a shared record of events?

9 / 9

Which of the following is an area of an accountant or auditor's work that is made more effective by artificial intelligence?

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