All of the ACCA related questions on Accountancy Pal are Multiple-Choice Questions. Simply click and choose the correct answer A, B, C or D. After you make your selection, the correct answer will appear and you don’t need to go searching to find it. Importantly with every question, there is an answer and a detailed explanation so that you understand how the answer is achieved.
A great feature of Accountancy Pal is that, if you have difficulty with a question, you can save it to a folder on your Dashboard and you can return to it later or show it to your Lecturer for further instruction on that topic.
All questions are sorted by Examination, Subject and Topic (within the Subject) and by difficulty rating. So, for example, you could filter questions according to Financial Management (FM) – Investment Appraisal – Relevant Cash Flows for DCF – Difficulty Rating 3 out of 10 or Audit and Assurance (AA) – Internal Control – Accounting Systems – Difficulty Rating 5 out of 10.
Here are some sample questions from our database:
Sample Question 1
ACCA Performance Management WHAT ELSE – WHAT ELSE – WHAT ELSE
Question: Add a Question here
Answers:
A. Sample A
B. Sample B
C. Sample C
D. Sample D
Correct Answer D: Sample Answer
Explanation: Since AB is a straight line. This means that ∠a+∠b = 180°. Since ∠a=23° then ∠b=180°-23° = 157°
Sample Question 2
Leaving Certificate – Business – Higher Level – Insurance
Question: A policy that pays compensation when the insured person dies is called….?
Answers:
A. Health Insurance
B. Health Assurance
C. Life Insurance
D. Life Assurance
Correct Answer D: Life Assurance
Explanation: Life assurance pays compensation in the case that the person who purchased the policy dies. An assurance policy protects against something that will definitely happen (e.g. death) whereas insurance protects against something that might happen.
Sample Question 3
Junior Cycle – Science – Cells
Question: What kind of tissue makes sugar by photosynthesis to feed the plant?
Answers:
A. Photosynthetic
B. Xylem
C. Phloem
D. Support
Correct Answer A: Photosynthetic
Explanation: Photosynthetic tissue makes sugar by photosynthesis to feed the plant.
Sample Question 4
Leaving Certificate – Mathematics – Ordinary Level – Complex Numbers
Question: If z=0+3i, find 2z.
Answers:
A. 6i
B. 6
C. 18i
D. 2 + 3i
Correct Answer A: 6i
Explanation: When multiplying a complex number by a constant, we multiply the constant by each of the terms of the complex numbers. In this case, this gives us 2(0) +2(3i) = 6i
Sample Question 5
Junior Cycle – Mathematics – Financial Maths
Question: A transition year mini company produces small cakes at a cost of €1.20 each and sells them for €2.50. Calculate the profit that the mini company will make if they sell 50 cakes during a bake sale.
Answers:
A. €60
B. €65
C. €125
D. €50
Correct Answer B: €65
Explanation: To calculate the profit made on each cake, we subtract the cost to make each cake €1.20 from the price each cake is sold for €2.50. Therefore, €2.50 (sale price) – €1.20 (cost price) = €1.30 (profit per cake). Then, to calculate the total profit made by the mini company, we simply multiply the total number of cakes sold (50 cakes) by the profit per cake (€1.30). This gives us 50 x €1.30 = €65 Profit.
