How many fundamental principles are there in ACCA’s Code of Ethics and Conduct?
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1 .ACCA assesses ethics and professionalism in a three-hour exam.What is the name of the ACCA exam which specifically assesses professionalism and ethics?
A The Ethical Accountant B The Professional Accountant C The Ethical Professional D The Accounting Professional
2 .As a trainee accountant, what is the main benefit of completing relevant work experience?
A Allows you to make judgements within real-life situations B Provides you with access to more career opportunities after you qualify C Allows you to support yourself financially while you study D Allows you to establish your priorities and a manageable work/life balance
3 .There are several ways in which professionalism and ethics can be assessed. How will the ACCA Qualification help you develop your professional and ethical competence?
A Through exams B Through exams, work experience and the Professional Ethics module C Through the Professional Ethics module D Through work experience
4 .The high level of skill required to qualify as a professional has to be assessed against a standard.How is the standard required to qualify as a professional usually measured?
A By examination and submitting evidence of work-based experience B Through achieving work-based objectives and making a formal presentation C Through demonstrating work experience and attending an interview D By examination and submitting a project
5 .Professional bodies were originally designed to achieve three main objectives.Which of the following is NOT one of these objectives?
A To support professional members B To ensure the public interest is always served C To publicise their particular profession D To set and maintain standards
7 .What does the abbreviation IFAC stand for?
A International Fellowship of Accountants B International Foundation of Accountants C International Faculty of Accountants D International Federation of Accountants
8 .ACCA’s definition of professionalism includes having “a dedication to a certain type of work thatrequires a high level of skill”. Within the wider definition, whose interests should the professional accountant show commitment to serve?
A The shareholder B The client C The public D The regulator
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