Acca f7 Past Questions
Acca f7 Past Questions. We always published questions you are to expect during your exam day, which makes us the best when it comes to offering past questions. The past questions are collected from great scholars and examiner.
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Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to CanadaAll Accaf7 past questions and answers. We are using this medium to inform the General Public that we have made available the previous years Past Questions and Answers in PDF for candidates to practice ahead of the Examination.
The Free Past Questions and Answers we have provided will help or serve as a learning tools to get you prepared for the task (exam) ahead and also to give you an insight on the type of questions you will be expecting at the examination hall.
Why you need Acca f7 Past Questions
Past questions helps identify your strength and weaknesses and capitalize on it. We all know that there are some subjects you know more than others. Understanding this helps you to first answer the subjects you know and like the most before moving to other less interesting and difficult questions.
How is Acca f7 Past Questions Pattern?
Professional Level
-Advance Audit and Assurance
-Case Study
-Corporate Reporting
-Strategic Financial Management
Foundation Level
-Business Law
-Business Finance
-Quantitative Techniques in Business
Skills
-Audit and Assurance
-Management, Governance and Ethics
-Performance Management
-Financial Reporting
-Public Sector Accounting and Finance
-Taxation
Sample of Acca f7 Past Questions
Question 1
A general journal contains
Options
A) date, narration, folio, debit, and purchases
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Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to CanadaB) date, narration, folio, debit and purchase
C) folio, credit, date, debit and sales
D) debit, credit, narration, date and discount
Question 2
Which of the following errors will affect the trial balance total?
Options
A) posting disscount allowed to the debit side of the discount allowed account
B) omision of one account from the list when extracting from the ledger
C) failure to post sales of ₦2,000 and purchases of ₦2,000 from the subsidiiary ledger
D) omission of sales of ₦3,000 and purchases of ₦2,000
Question 3
An expenses account is closed by a debit to
Options
A) an asset account and a credit to the expenses account
B) the expenses account and a credit to an asset account
C) profit and loss account and a credit to the expenses account
D) the expenses account and a credit to profit and loss account
Question 4
In a manufacturing company, the total cost of goods produced is equivalent to
Options
A) purchases
B) sales
C) cost of goods sold
D) cost of materials used