In a typical finance function, budgets and budgetary control would usually be the responsibility of which of the following roles? A The Financial Controller B The Management Accountant C The Chief Executive

Which of the following are examples of weak financial control procedures?

A Suppliers not being paid on time

B Debtors not paying within credit limits

C Excessive bad or doubtful debts

D All of the above

A______is a program which deals with one particular part of a computerised business accounting system.

Which of the following terms correctly completes this definition?

A Suite

B Module

C Spreadsheet

Which of the following are purposes of a receivables control account?

(i) A sales ledger control account provides a check on the arithmetical accuracy of the personal ledger

(ii) A sales ledger control account helps to improve separation of duties

(iii) A sales ledger control account ensures that there are no errors in the personal ledger

(iv) Control accounts deter fraud

A (i), (ii) and (iii)

B (ii), (iii) and (iv)

C (i), (ii) and (iv)

D (i), (iii) and (iv)

Which of the following is a category in Maslow's hierarchy of needs theory?

A Self determination

B Need for affiliation

C Safety needs

Which of Belbin's nine roles does the following description apply to? Single-minded, self-starting,

dedicated.

A Chairman

B Specialist

C Co-ordinator

D Teamworker

To whom is the internal auditor accountable?

A The directors of the company

B The employees of the company

C The shareholders of the company

Which of the following is a correct definition of the term 'span of control'?

A The number of employees reporting to one manager

B The number of managers to whom one employee reports

C The number of levels in the hierarchy

D The number of employees at each level of the organisation

Which of the following are typical responsibilities of the financial accountant in a large organisation?

1 Inventory valuation

2 Sales invoicing

3 Project appraisal

4 Payroll

A 1 and 2

B 2 and 4

C 1 and 4

D 3 and 4

SPAMSOAP is a mnemonic for the types of internal control employed by an organisation.

Which two of the following are types of internal control included in SPAMSOAP?

1 Output

2 Arithmetic

3 Preventative

4 Physical

A 1 and 2

B 1 and 3

C 2 and 3

D 2 and 4

Who was responsible for developing the 'Situational Leadership' model?

A Blake and Mouton

B Katz and Kahn

C Hersey and Blanchard

D Tannenbaum and Schmidt