F1 (BT) – Chapter 9 – PART B – MCQ’s and OTQs – ACCA

This is ACCA F1 (BT/FBT) Business and Technology multiple-choice questions (MCQs).

These multiple-choice questions (MCQs) are designed to help ACCA F1 students to better understand the exam format. We aim to instill in students the habit of practicing online for their CBE exams. By doing so, students can reduce exam stress and prepare more effectively.

Please note:

  • Students should not attempt these MCQs until they have finished the entire chapter.
  • All questions are compulsory, so please do not skip any.

We hope that these MCQs will be a valuable resource for students preparing for the ACCA F1 (BT/FBT) exam.

INFORMATION ABOUT THESE MCQs Test

Course: ACCA
Fundamental Level: Knowledge, FIA
Subject: Business And Technology
Paper: F1 – BT/FBT
Chapter: 6 to 9
Chapter Number: 09 of the Practice and Exam Kit
Syllabus Area: B – Business organisation structure, functions and governance
Questions Type: MCQs and OTQs
Exam Section: Section B

Number of the Questions

There are 30 Questions in this Online F1 MCQ Test that covers the Part B of the Syllabus; Business organisation structure, functions and governance of ACCA F1 (BT/FBT) Business and Technology Module.

Time

These MCQs are not time-bound. Take your time and solve them without stress. Pay proper attention and focus. Do not rush or hesitate.

Result

Students will get their F1 CBE MCQs Test results after they finish the entire test. They will also be able to see the correct and incorrect answers, as well as explanations for the incorrect questions.

Types of Questions

MCQs: Choose one from the given options.
Multiple choice: Choose all answers that seem correct or incorrect, as per the requirement of the question. Keep your eye on the wording “(select all those which are correct/ or incorrect)”.
Dropdown: 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 9 - Part B - MCQs and MTQs

Course: ACCA (The Associations Of Chartered Certified Accountants)
Module: F1 - Business and Technology (BT/FBT)
Syllabus Area: (B) - Business Organisation Structure, Functions, And Governance
Exam Section: A
Questions: Syllabus Area (B) Questions
Number Of Questions: 30
Time Limit: No Time Limit
Result: You will able to see at the end of the quiz along with the Correct and Incorrect Answers.

Types of Questions

MCQs: Choose one from the given options.
Multiple choice: Choose all those options that seem correct or incorrect to you as per the requirements of the question. (Wording: select all those that are correct.)
Dropdown: Select from the list provided.
Type: Type your answer in numbers as per the requirement of the question.

1 / 30

Scenario

The main levels of strategy in an organization are as follows:

  • Corporate
  • Business
  • Operational

Requirement: You are required to Match the strategic questions below to the appropriate level of strategy above.

(i) Which business should we be in?
(ii) Should we specialize in a profitable product?
(iii) How best can we market the products?
(iv) Should we segment the market?

QUESTION

Should we specialise in a profitable product?

2 / 30

Scenario

The main levels of strategy in an organization are as follows:

  • Corporate
  • Business
  • Operational

Requirement: You are required to Match the strategic questions below to the appropriate level of strategy above.

(i) Which business should we be in?
(ii) Should we specialize in a profitable product?
(iii) How best can we market the products?
(iv) Should we segment the market?

QUESTION

Which business should we be in?

3 / 30

Scenario

  • Company W focuses on autonomy of its employees. Task achievement is seen as more important than working relationships. The company is impersonal and defends its business interests.
  • Company X has a strict task structure with written rules and regulations which are adhered to by all employees. Dissent is not tolerated.
  • Company Y has a focus on good working relationships between employees and seeks consensus on all business decisions.
  • Company Z has a flat organisation structure and a high level of employee participation in decision-making.

Requirement: For each company, select which of Hofstede's four main dimensions of cultural differences is being displayed.

QUESTION

Which of the Hofstede's four main dimensions of cultural differences is indicating/explaining Company X?

4 / 30

Which TWO of the following are advantages of centralisation?

5 / 30

Scenario

Paul, Mary, Alan and Kate are having a board meeting of a newly formed company and they are discussing the orientation of the company.

  • Paul believes that the company will actively need to persuade customers to buy their products.
  • Mary believes they should add additional features to their products, without carrying out market research, and this will increase demand from customers.
  • Alan believes the products will sell as they are and the company should produce as many items as it can.
  • Kate believes that they should research what customers need and value and adapt the products to meet the findings of the research.

QUESTION

Select the orientation Mary recommending.

6 / 30

Scenario

The main levels of strategy in an organization are as follows:

  • Corporate
  • Business
  • Operational

Requirement: You are required to Match the strategic questions below to the appropriate level of strategy above.

(i) Which business should we be in?
(ii) Should we specialize in a profitable product?
(iii) How best can we market the products?
(iv) Should we segment the market?

QUESTION

Should we segment the market?

7 / 30

According to Schein there are three determinants of culture. The first of these is the observable level.

QUESTION

Concrete expressions such as design of office premises are known as ___________

Which word correctly fills in the blank above?

8 / 30

Scenario

Paul, Mary, Alan and Kate are having a board meeting of a newly formed company and they are discussing the orientation of the company.

  • Paul believes that the company will actively need to persuade customers to buy their products.
  • Mary believes they should add additional features to their products, without carrying out market research, and this will increase demand from customers.
  • Alan believes the products will sell as they are and the company should produce as many items as it can.
  • Kate believes that they should research what customers need and value and adapt the products to meet the findings of the research.

QUESTION

Select the orientation Kate recommending.

9 / 30

Which of the following tasks are the responsibility of Treasury department?

10 / 30

Markets for trading short-term financial instruments such as certificates of deposit are known as _______________

Which of the following correctly fills the gap above?

11 / 30

Scenario

The following four components of an organisation were identified by Mintzberg

  • Operating core
  • Support staff
  • Strategic apex
  • Middle line

Requirement: You are required to Match the following jobs to the above components.

(i) Canteen worker
(ii) Production worker
(iii) Sales manager
(iv) Director

QUESTION

Director is ____________ ?

12 / 30

Scenario

The following four components of an organisation were identified by Mintzberg

  • Operating core
  • Support staff
  • Strategic apex
  • Middle line

Requirement: You are required to Match the following jobs to the above components.

(i) Canteen worker
(ii) Production worker
(iii) Sales manager
(iv) Director

QUESTION

Canteen worker is ____________ ?

13 / 30

Scenario

The main levels of strategy in an organization are as follows:

  • Corporate
  • Business
  • Operational

Requirement: You are required to Match the strategic questions below to the appropriate level of strategy above.

(i) Which business should we be in?
(ii) Should we specialize in a profitable product?
(iii) How best can we market the products?
(iv) Should we segment the market?

QUESTION

How best can we market the products?

14 / 30

Scenario

  • Company W focuses on autonomy of its employees. Task achievement is seen as more important than working relationships. The company is impersonal and defends its business interests.
  • Company X has a strict task structure with written rules and regulations which are adhered to by all employees. Dissent is not tolerated.
  • Company Y has a focus on good working relationships between employees and seeks consensus on all business decisions.
  • Company Z has a flat organisation structure and a high level of employee participation in decision-making.

Requirement: For each company, select which of Hofstede's four main dimensions of cultural differences is being displayed.

QUESTION

Which of the Hofstede's four main dimensions of cultural differences is indicating/explaining Company Z?

15 / 30

Fill in the gaps in the King report's summary of the role of the board below.

To identify the ________ relevant to the company

16 / 30

Fill in the gaps in the King report's summary of the role of the board below.

To develop a ________combining these factors

17 / 30

Scenario

Paul, Mary, Alan and Kate are having a board meeting of a newly formed company and they are discussing the orientation of the company.

  • Paul believes that the company will actively need to persuade customers to buy their products.
  • Mary believes they should add additional features to their products, without carrying out market research, and this will increase demand from customers.
  • Alan believes the products will sell as they are and the company should produce as many items as it can.
  • Kate believes that they should research what customers need and value and adapt the products to meet the findings of the research.

QUESTION

Select the orientation Alan recommending.

18 / 30

Fill in the gaps in the King report's summary of the role of the board below.

To define the ________ of the company

19 / 30

Fill in the gaps in the King report's summary of the role of the board below.

To ensure ________ of this strategy

20 / 30

Scenario

Paul, Mary, Alan and Kate are having a board meeting of a newly formed company and they are discussing the orientation of the company.

  • Paul believes that the company will actively need to persuade customers to buy their products.
  • Mary believes they should add additional features to their products, without carrying out market research, and this will increase demand from customers.
  • Alan believes the products will sell as they are and the company should produce as many items as it can.
  • Kate believes that they should research what customers need and value and adapt the products to meet the findings of the research.

QUESTION

Select the orientation Paul recommending.

21 / 30

Scenario

The following four components of an organisation were identified by Mintzberg

  • Operating core
  • Support staff
  • Strategic apex
  • Middle line

Requirement: You are required to Match the following jobs to the above components.

(i) Canteen worker
(ii) Production worker
(iii) Sales manager
(iv) Director

QUESTION

Sales manager is ____________ ?

22 / 30

Which of the following tasks are the responsibility of Financial accounting department?

23 / 30

Scenario

  • Company W focuses on autonomy of its employees. Task achievement is seen as more important than working relationships. The company is impersonal and defends its business interests.
  • Company X has a strict task structure with written rules and regulations which are adhered to by all employees. Dissent is not tolerated.
  • Company Y has a focus on good working relationships between employees and seeks consensus on all business decisions.
  • Company Z has a flat organisation structure and a high level of employee participation in decision-making.

Requirement: For each company, select which of Hofstede's four main dimensions of cultural differences is being displayed.

QUESTION

Which of the Hofstede's four main dimensions of cultural differences is indicating/explaining Company Y?

24 / 30

Which of the following has the greatest influence on a machine bureaucracy?

25 / 30

Scenario

  • Company W focuses on autonomy of its employees. Task achievement is seen as more important than working relationships. The company is impersonal and defends its business interests.
  • Company X has a strict task structure with written rules and regulations which are adhered to by all employees. Dissent is not tolerated.
  • Company Y has a focus on good working relationships between employees and seeks consensus on all business decisions.
  • Company Z has a flat organisation structure and a high level of employee participation in decision-making.

Requirement: For each company, select which of Hofstede's four main dimensions of cultural differences is being displayed.

QUESTION

Which of the Hofstede's four main dimensions of cultural differences is indicating/explaining Company W?

26 / 30

Fill in the gaps in the King report's summary of the role of the board below.

To define the ________ by which the company will perform its daily duties

27 / 30

Which of the following is NOT part of the role of a company secretary?

28 / 30

According to Schein there are three determinants of culture. The first of these is the observable level.

QUESTION

Patterns of greeting styles and business formalities are known as ___________

Which word correctly fills in the blank above?

29 / 30

Scenario

The following four components of an organisation were identified by Mintzberg

  • Operating core
  • Support staff
  • Strategic apex
  • Middle line

Requirement: You are required to Match the following jobs to the above components.

(i) Canteen worker
(ii) Production worker
(iii) Sales manager
(iv) Director

QUESTION

Production worker is ____________ ?

30 / 30

Breaking up the market into different groups, which each have common needs, wants and preferences is known as ___________________

Which of the options below correctly fills the blank?

Your score is

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