These are ACCA F4 Global (CL/LW) Corporate and Business Law MCQs for Part-F of the Syllabus “Management, administration and the regulation of companies”.

These multiple-choice questions (MCQs) are designed to help ACCA F4 Global 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 studied 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 F4 Global (CL/LW) exam.

INFORMATION ABOUT THESE CBE MCQs Test/Quiz

Course:	ACCA – Association of Chartered Certified Accountants
Fundamental Level:	Applied Skills
Subject:	Corporate and Business Law
Paper:	F4 Global – CL/LW
Chapter:	Other company officers
Chapter Number:	20 of the Practice and Exam Kit
Syllabus Area:	F – “Management, administration and the regulation of companies”
Questions Type:	CBE MCQs
Exam Section:	Section A

Syllabus Area

These Multiple Choice Questions (MCQs) cover the Syllabus Area Part F of the Syllabus; “Management, administration and the regulation of companies” of ACCA F4 Global (CL/LW) Corporate and Business Law Module.

Time

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

Result

Students will get their F4 Global 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 those answers which seem correct/ or incorrect to you, as per the requirement of the question. Keep your eye on the wording “( select all those which are correct/ or incorrect)“.
Drop-down: Select from the list provided.
Type numbers: Type your answer in numbers as per the requirement of the question.

Keywords

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F4 (GLO) - Chapter 20 - Part F - MCQs

Course: ACCA - Association of Chartered Certified Accountants
Subject: F4 (LW/CL) (GLOBAL) - Corporate And Business Law
Syllabus Area: F - Management, administration and the regulation of companies
Chapter in Kit: 20 - Other company officers
Exam Section: Section A
Questions type: MCQs
Time: No Time Limit

INSTRUCTIONS

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1 / 15

Which of the following companies MUST have a company secretary?

Private limited company

Public limited company

Unlimited liability company

2 / 15

Which of the following parties associated with a company may NOT act as its company secretary?

A company's sole director

A company's accountant

A company's solicitor

3 / 15

Which of the following parties associated with a company appoints the company secretary?

The directors

The auditor

The members

4 / 15

Which of the following is eligible to act as a company's auditor?

The accountancy firm responsible for producing the company's accounts

The partner of an employee of a company

An employee of the company

5 / 15

Which of the following parties appoints the company's first ever auditors?

The directors

The Registrar of Companies

The members

6 / 15

Which of the following auditors are deemed automatically reappointed each year unless specific circumstances dictate otherwise?

Auditors of public limited companies

Auditors of quoted companies

Auditors of private limited companies

7 / 15

Which of the following is the statutory duty of an auditor?

To report to the members that the accounts are accurate and free from error

To report to the members that the accounts have been prepared in line with accounting standards

To report to the members that the accounts give a true and fair view and have been properly prepared in accordance with the Companies Act

8 / 15

Which of the following sets the specific duties expected of a company's secretary?

The Memorandum of Association

The Articles of Association

The Companies Act

The Board of Directors

9 / 15

Which of the following contracts does a company secretary have the power to bind their company in?

A bank loan

Purchase of inventory from a supplier

Acquisition of a head office building

Car hire for transporting customers to meetings with the directors

10 / 15

Which TWO of the following duties would a company secretary expect to perform?

Establishing and maintaining the company's statutory registers
Filing accurate returns with the Registrar of Companies
Hiring and firing directors
Reviewing the work of the company auditor

1 and 4

1 and 2

3 and 4

2 and 3

11 / 15

Which of the following is a permitted qualification for a company secretary of a public limited company?

Full membership of the ACCA

A business degree

A qualifying law degree

Employment as a plc's secretary for two out of five years preceding appointment

12 / 15

Which of the following is a statutory right of a company auditor?

To access, at all times, the books, accounts and vouchers of the company

To vote in the company's general meetings

To attend board meetings

To appoint non-executive directors

13 / 15

What type of company resolution is required to remove an auditor?

Special resolution with special notice

Special resolution

Ordinary resolution with special notice

Ordinary resolution

14 / 15

Which of the following must an auditor of a non-quoted company provide if they are removed from office at a general meeting?

A list of recommendations to the members on how company procedures may be improved

A statement to members and creditors of whether there are circumstances that the auditor believes should be brought to their attention

An opinion on the performance of the company directors

A breakdown of their fees covering the period they acted as auditor

15 / 15

Which TWO of the following are criteria that a private company must meet to be exempt from audit?

Turnover less than £10.2m
Balance sheet total less than £5.1m
Average number of employees less than 30
Total long-term debt less than £4.5m

2 and 3

3 and 4

1 and 4

1 and 2

Your score is

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F4 (CL – GLO) – Chapter 20 – PART F – CBE MCQs – ACCA