F1 (BT) – Chapter 25 MCQ’s (Ethical considerations) – ACCA

These are ACCA F1 (BT/FBT) Business and Technology MCQs for Chapter; Ethical considerations.

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 “Ethical considerations”.

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


Course: ACCA
Fundamental Level: Knowledge, FIA
Subject: Business And Technology
Paper: F1 – BT
Chapter: Ethical considerations
Chapter Number: 25 of the Practice and Exam Kit; and 27 of the Study Text
Syllabus Area: F – Professional ethics in accounting and business
Questions Type: MCQs
Exam Section: Section A

Number of the Questions

These MCQs Test consist of 21 Questions that covers the Chapter; Ethical considerations of ACCA F1 (BT) Business and Technology Module.


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 21 questions, so Students have total 42 minutes to complete the Test.


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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F1 - Chapter 25 - Part F Test - MCQs and MTQs

1 / 21

The directors' deliberations must be balanced by taking into account everyone who has a legitimate interest in the company and respecting their rights and views.

This statement describes which concept?

2 / 21

Reliability, responsibility,................................ , courtesy and respect are the personal qualities expected of an accountant.

Which of the following words correctly complete this statement?

3 / 21

Abner is the lead partner on the audit of DEF Inc. The client often gives Abner corporate hospitality at major sporting events and small gifts, such as a bottle of spirits, on his birthday.

Which threat does this represent?

4 / 21

Farrah works in the sales tax section of the accounts department of BCD Co. When the finance director is on holiday, Farrah notices that BCD Co has not been paying the correct quarterly amounts to the authorities. Farrah had suspected this for some time and decides to contact the authorities to tell them about the fraud. This disclosure is known as ..........................

What two words correctly complete the sentence?

5 / 21

What is the name given to an approach to ethical decision-making which considers the 'right' decision to be the one which results in the greatest good to the greatest number of people in a given situation?

6 / 21

XYZ carries out the audit of Delta Products Inc. Delta Products Inc is in financial trouble and XYZ has had to qualify the audit report for the past two years. The managing director of Delta blames the qualified audit reports for her firm's continuing problems. She is threatening to sue XYZ for poor work if they qualify the audit report for this year.

What threat does this represent?

7 / 21

Which of the following statements reflects a relativist view of ethics?

8 / 21

Of the three main sources of rules that regulate the behaviour of businesses, the minimum level of acceptable behaviour is set by which?

9 / 21

Which of the following statements is a definition of probity?

10 / 21

Holders of public office should not place themselves under any financial or other obligation to outside individuals or organisations that might influence them in the performance of their official duties.

This statement refers to which concept?

11 / 21

Which of the following would raise ethical issues for a manufacturer of fast-moving consumer goods?

(i) The materials used in manufacture of the goods
(ii) The quality of the goods
(iii) How the goods are advertised
(iv) How much its raw materials suppliers
(v) How the goods are packaged

12 / 21

A deontological approach to an ethical decision focuses on which of the following?

13 / 21

X plc is trying to get a trading permit, for which it qualifies. Unfortunately, there is a backlog at the issuing office, and X plc has been notified that there will be a delay in the processing of its permit. The divisional manager offers a donation to the issuing office's staff welfare fund, if the official concerned will expedite the paperwork.

Which of the following statements is true of this action?

14 / 21

Which of the following would NOT represent an ethical objective in relation to employment practices?

15 / 21

You have been asked to prepare management accounts while a colleague is on holiday. Your supervisor tells you that the accounts should be printed out and left on each manager's desk.

You query whether the accounts should be put in an envelope marked 'confidential' but you are told not to bother in order to save costs. What problem does this cause you?

16 / 21

Managers are said to have a ...................... responsibility (or duty of faithful service) in respect of the entities whose purposes they serve.

Which term correctly completes this sentence?

17 / 21

You have been asked to work on a major investment decision that your company will be making, and discover that your brother-in-law is the managing director of a firm that may benefit from the outcome of the decision. You have no intention of allowing this to influence the advice you give your firm, and you know that your brother-in-law will not try to influence you in any way.

What professional quality would make you consider handing this task to a colleague, or otherwise raising questions with your superiors?

18 / 21

Which of the following is an approach to ethics which combines a concern for the law with an emphasis on managerial responsibility?

19 / 21

Which of the following is NOT a conflict of interest?

20 / 21

Which of the following statements is a criticism of absolutism?

21 / 21

Which of the following is NOT part of a corporate code of ethics?

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