Which TWO of the following are classified as cash outflows in a company’s statement of cash flows?

• Accruals

• Repayment of share capital

• Interested expense paid

• Depreciation  of non-Current assets

In relation to using distributed ledger technology for managing assets and making transactions in these assets ,what is the meaning of the term 'mining'?

• creating and recording new assets in the chain

• Identifying fraudulent or suspicious transacations

• Testing the authenticity of transacations made in the chain

• Investigating long -term trends in the value of assets

Are the following Statements true or false in relation to boundaryless organization?
1.boundaryless organizations are always virtual organizations.   
2.boundaryless organizations may adopt the hollow organizational approach.

• True
  false

• True
  True

• false
  false

• False
  True    

An employee has been identified as very good at trying out ideas to see if they work in practice,and aiming to find Improved methods.

Which of honey and Mumford 's learning styles is represented by this employee?

• Pragmatist

• Reflector

• Theorist

• Reflector
  Pragmatist

Ochre Co wants to make sure that it produces good quality accounting information.

Which TWO qualifies should Ochre Co ensure its accounting information has?

• Timeless

• Detail

• Effectiveness

• Comprehensibility

Reef Company has introduced a shared services approach to the provision of internal IT services.In doing so ,it will reduce staff numbers by 20% .It currently employs IT specialists in each division of the organisation.

Which TWO of the following should Reef Company achieve?

• Greater consistency in  the  formulation of technological solutions

• An immediate 20% reduction in operating costs

• Ability for departments to focus on their core deliverable

• Quicker response to specific local processing needs

Apart from his main duty an auditor also reviews, identifies and analyses causes of uneconomic and indefficient practices , which might lead to the discovery of poor control systems or to the potential for fraud.

Which type of auditor is being described in the above statement?

• Internal

• External

• Internal/External

• Internal/Internal

Richard purchase 20% of Radar Co's   output.Radar Co is only one of many companies who supply Richard Richard always maintains a degree of competition between suppliers.
As far as radar Co is concerned,how should Richard be categorised under Mendelow's framework?

• Low power,low interest

• High power,high interest

• Low power, high interest

• High power,low interest

Analysis is carried out by external auditors which examiners the reasonableness of relationships between items in the financial statements in order to uncover the unusual variations from trends.the procedure is applied to overall financial information.

What type of analysis is being described in the above statement?

• Analytical review

• Substantive test

• Substantive test/
  Substantive test

• Analytical review/Substantive test

An organisation is in a highly competitive market, where technology is changing rapidly.The organisation is mainly run by technology experts and a high degree of co-ordination needs to take place between teams and departments in order to achieve objectives and to maximise flexibility.

Which of Handy's cultural stereotypes is MOST appropriate within the above organisation?

• Task culture

• Existential culture

• Role culture

• technology culture