F1 (BT) – Chapter 25 MCQ’s (Ethical considerations) – 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.


Course: ACCA
Fundamental Level: Knowledge, FIA
Subject: Business And Technology
Paper: F1 – BT/FBT
Chapter: Ethical considerations
Chapter Number: 25 of the Practice and Exam Kit; and 27 of the Study Text
Syllabus Area: F – Professional ethics in accounting and business
Questions Type: MCQs
Exam Section: Section A

Number of the Questions

There are 21 Questions in this Online F1 MCQ Test that cover Chapter 25, Ethical considerations of ACCA F1 (BT/FBT) Business and Technology Module.


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


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.

2 votes, 3 avg

F1 - Chapter 25 - Part F Test - MCQs and MTQs

1 / 21

Which of the following statements is a criticism of absolutism?

2 / 21

Which of the following is NOT a conflict of interest?

3 / 21

The directors' deliberations must be balanced by taking into account everyone who has a legitimate interest in the company and respecting their rights and views.

This statement describes which concept?

4 / 21

Reliability, responsibility,................................ , courtesy and respect are the personal qualities expected of an accountant.

Which of the following words correctly complete this statement?

5 / 21

You have been asked to prepare management accounts while a colleague is on holiday. Your supervisor tells you that the accounts should be printed out and left on each manager's desk.

You query whether the accounts should be put in an envelope marked 'confidential' but you are told not to bother in order to save costs. What problem does this cause you?

6 / 21

Which of the following statements is a definition of probity?

7 / 21

Which of the following is NOT part of a corporate code of ethics?

8 / 21

What is the name given to an approach to ethical decision-making which considers the 'right' decision to be the one which results in the greatest good to the greatest number of people in a given situation?

9 / 21

Holders of public office should not place themselves under any financial or other obligation to outside individuals or organisations that might influence them in the performance of their official duties.

This statement refers to which concept?

10 / 21

Managers are said to have a ...................... responsibility (or duty of faithful service) in respect of the entities whose purposes they serve.

Which term correctly completes this sentence?

11 / 21

A deontological approach to an ethical decision focuses on which of the following?

12 / 21

Farrah works in the sales tax section of the accounts department of BCD Co. When the finance director is on holiday, Farrah notices that BCD Co has not been paying the correct quarterly amounts to the authorities. Farrah had suspected this for some time and decides to contact the authorities to tell them about the fraud. This disclosure is known as ..........................

What two words correctly complete the sentence?

13 / 21

Which of the following would NOT represent an ethical objective in relation to employment practices?

14 / 21

Which of the following is an approach to ethics which combines a concern for the law with an emphasis on managerial responsibility?

15 / 21

Abner is the lead partner on the audit of DEF Inc. The client often gives Abner corporate hospitality at major sporting events and small gifts, such as a bottle of spirits, on his birthday.

Which threat does this represent?

16 / 21

X plc is trying to get a trading permit, for which it qualifies. Unfortunately, there is a backlog at the issuing office, and X plc has been notified that there will be a delay in the processing of its permit. The divisional manager offers a donation to the issuing office's staff welfare fund, if the official concerned will expedite the paperwork.

Which of the following statements is true of this action?

17 / 21

Which of the following would raise ethical issues for a manufacturer of fast-moving consumer goods?

(i) The materials used in manufacture of the goods
(ii) The quality of the goods
(iii) How the goods are advertised
(iv) How much its raw materials suppliers
(v) How the goods are packaged

18 / 21

XYZ carries out the audit of Delta Products Inc. Delta Products Inc is in financial trouble and XYZ has had to qualify the audit report for the past two years. The managing director of Delta blames the qualified audit reports for her firm's continuing problems. She is threatening to sue XYZ for poor work if they qualify the audit report for this year.

What threat does this represent?

19 / 21

Which of the following statements reflects a relativist view of ethics?

20 / 21

Of the three main sources of rules that regulate the behaviour of businesses, the minimum level of acceptable behaviour is set by which?

21 / 21

You have been asked to work on a major investment decision that your company will be making, and discover that your brother-in-law is the managing director of a firm that may benefit from the outcome of the decision. You have no intention of allowing this to influence the advice you give your firm, and you know that your brother-in-law will not try to influence you in any way.

What professional quality would make you consider handing this task to a colleague, or otherwise raising questions with your superiors?

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