F1 (BT) – Chapter 5 – PART A – MCQ’s and OTQs – ACCA

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F1-BT-Part-A-MCQs-OTQs

These are ACCA F1 (BT/FBT) Business and Technology MCQs and OTQs for Part-A of the Syllabus “The business organisation, its stakeholders and the external environment”.

These MCQs and OTQs 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 and OTQs until they have finished the entire F1 (BT/FBT) Business and Technology Part-A “The business organisation, its stakeholders and the external environment”.

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: 1 to 5
Chapter Number: 5 of the Practice and Exam Kit
Syllabus Area: A – The business organization, its stakeholders, and the external environment
Questions Type: MCQs and OTQs
Exam Section: Section B

Number of the Questions

These MCQs Test consist of 18 Questions that covers the Part A of the Syllabus; The business organization, its stakeholders, and the external environment of ACCA F1 (BT) Business and Technology Module.

Time

These MCQs and OTQs has a time deadline. Students have to finish the Test within the given time period so Students can get used to finishing the Exam on 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 18 questions, so Students have total 36 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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36

F1 - Chapter 5 - Part A Test - MCQs and MTQs

1 / 18

Scenario

Product BB15 has recently reduced its price by 5% which increased the sales volume by 12.5%.
This price change also caused a fall in the sales volume of product CC25 by 2.5%.
There was no change in the price of product CC25.

QUESTION

What is the price elasticity of demand for product BB15?

2 / 18

Which of the following statements about elasticities are True?

(hint: only one is true)

3 / 18

Which two of the followings relates to the Monetary policy?

4 / 18

What acronym is generally used for performance measurement of an NGO?

5 / 18

Scenario

A company has recently dismissed employees in the following circumstances:

Sarah was dismissed following disciplinary proceedings, although she was not guilty of negligence, and was not given her contractual period of notice by the company.

Trevor was dismissed from the company immediately after committing an act that was found to be grossly negligent.

Umberto, a relatively new employee who was showing a lot of promise, was dismissed after telling management that he had joined a trade union.

Vanessa, having previously being rated as one of the best performing employees in the company, was dismissed after management discovered she was pregnant.

QUESTION

Which type of Dismissal relates to Trevor?

6 / 18

Is this statement about redundancy True or False?

"Redundancy can occur where an employer ceases to carry on business in a particular location"

7 / 18

Scenario

Product BB15 has recently reduced its price by 5% which increased the sales volume by 12.5%.
This price change also caused a fall in the sales volume of product CC25 by 2.5%.
There was no change in the price of product CC25.

QUESTION

What is the cross elasticity of demand?

8 / 18

Which TWO of the following factors indicate that suppliers have high bargaining power in an industry?

9 / 18

Scenario

Product BB15 has recently reduced its price by 5% which increased the sales volume by 12.5%.
This price change also caused a fall in the sales volume of product CC25 by 2.5%.
There was no change in the price of product CC25.

QUESTION

Which word correctly fills the blank?

Products BB15 and CC25 are ___________

10 / 18

For a normal, but inferior good, the demand curve slopes ____________ to the right.

Which word from the list below correctly fills in the blank?

11 / 18

Scenario

A company has recently dismissed employees in the following circumstances:

Sarah was dismissed following disciplinary proceedings, although she was not guilty of negligence, and was not given her contractual period of notice by the company.

Trevor was dismissed from the company immediately after committing an act that was found to be grossly negligent.

Umberto, a relatively new employee who was showing a lot of promise, was dismissed after telling management that he had joined a trade union.

Vanessa, having previously being rated as one of the best performing employees in the company, was dismissed after management discovered she was pregnant.

QUESTION

Which type of Dismissal relates to Sarah?

12 / 18

Which of the following statements about elasticities are FALSE?

(hint: three are false)

13 / 18

Scenario

A company has recently dismissed employees in the following circumstances:

Sarah was dismissed following disciplinary proceedings, although she was not guilty of negligence, and was not given her contractual period of notice by the company.

Trevor was dismissed from the company immediately after committing an act that was found to be grossly negligent.

Umberto, a relatively new employee who was showing a lot of promise, was dismissed after telling management that he had joined a trade union.

Vanessa, having previously being rated as one of the best performing employees in the company, was dismissed after management discovered she was pregnant.

QUESTION

Which type of Dismissal relates to Vanessa?

14 / 18

Which THREE of the following reasons would result in a shift of the demand curve to the right for a normal good?

15 / 18

Is this statement about redundancy True or False?

"In the event of redundancy, an employee with one year's continuous employment is entitled to compensation"

16 / 18

Which two of the followings relates to the Fiscal policy?

17 / 18

Which THREE of the following statements reflect the activities of an NGO?

18 / 18

Scenario

A company has recently dismissed employees in the following circumstances:

Sarah was dismissed following disciplinary proceedings, although she was not guilty of negligence, and was not given her contractual period of notice by the company.

Trevor was dismissed from the company immediately after committing an act that was found to be grossly negligent.

Umberto, a relatively new employee who was showing a lot of promise, was dismissed after telling management that he had joined a trade union.

Vanessa, having previously being rated as one of the best performing employees in the company, was dismissed after management discovered she was pregnant.

QUESTION

Which type of Dismissal relates to Umberto?

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