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Free ACCA Business and Technology Practice Questions & Answers

300 exam-style Business and Technology questions. Pick your answer, hit Check answer, and see the worked solution — free to start, no signup.

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Question 241

Which of the following describes a nomination committee in a listed company?

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Question 242

Which of the following best describes inherent risk?

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Question 243

Which of the following is a reputational risk for a business?

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Question 244

Which of the following best describes a conflict of interest in a corporate governance context?

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Question 245

Which of the following best describes a key risk indicator (KRI)?

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Question 246

The purpose of a code of ethics for a professional body is to:

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Question 247

Which of the following is an example of an environmental risk for a manufacturing business?

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Question 248

Under company law in many jurisdictions, directors have a legal duty to:

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Question 249

Which of the following is the correct order of steps in the risk management process?

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Question 250

Accountability in corporate governance means:

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Question 251

Which of the following is the primary purpose of an Annual General Meeting (AGM)?

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Question 252

Which of the following best describes residual risk?

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Question 253

Strategic risk refers to:

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Question 254

Which of the following describes an independent director?

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Question 255

The risk appetite of an organisation refers to:

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Question 256

Which of the following controls would best prevent an employee from processing fictitious supplier invoices?

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Question 257

Anti-bribery legislation (such as the UK Bribery Act) requires organisations to:

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Question 258

Which of the following is an example of a financial risk?

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Question 259

The concept of due diligence in business refers to:

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Question 260

A rapidly growing tech company removes several layers of middle management to improve communication speed. This is an example of:

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Question 261

A retail company contracts out its IT maintenance to a specialist firm while keeping its core retail operations in-house. This best describes:

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Question 262

A manufacturing firm gives regional managers full authority to make pricing and product decisions. This is an example of:

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Question 263

A professional services firm has a chief partner who holds most decision-making power, with other staff depending on personal relationships with this partner. This culture is best described as:

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Question 264

A company's board sets a five-year growth strategy. Middle managers translate this into annual plans. Front-line supervisors manage daily production. This scenario illustrates:

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Question 265

A bank requires that the person who initiates a payment is different from the person who approves it. This is an example of:

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Question 266

An NGO helps communities in developing countries build schools. When prioritising its stakeholders — donors, local communities, and governments — it should:

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Question 267

A company discovers that its finance manager both raises purchase orders and authorises payments. The internal auditor flags this as:

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Question 268

A new manager tells her team exactly what to do and monitors them closely, giving little opportunity for input. This leadership style is best described as:

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Question 269

An employee is promoted and given a salary increase, but still feels demotivated because his contributions are not recognised publicly. According to Herzberg, this is because:

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Question 270

A project team is in constant conflict — members are challenging each other's ideas and there is tension about roles. According to Tuckman, this team is most likely in which stage?

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Free ACCA Business and Technology Practice Questions & Answers

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