小伙伴们，acca考试题库来啦!很多想要报考acca考试的考生，不知道该如何准备全英文考试，中公财经小编为大家收集的accaF7科目第一章练习题及模拟题，帮助大家更好学习acca，早日拿下acca证书。
1.Which of the following items should be capitalised within the initial carrying amount of an item of plant?
(i) Cost of transporting the plant to the factory
(ii) Cost of installing a new power supply required to operate the plant
(iii) A deduction to reflect the estimated realisable value
(iv) Cost of a three-year maintenance agreement
(v) Cost of a three-week training course for staff to operate the plant
A (i) and (ii) only
B (i), (ii) and (iii)
C (ii), (iii) and (iv)
D (i), (iv) and (v)
2 Quartile is in the jewellery retail business which can be assumed to be highly seasonal.
For the year ended 30 September 2014, Quartile assessed its operating performance by comparing selected accounting ratios with those of its business sector average as provided by an agency.
You may assume that the business sector used by the agency is an accurate representation of Quartile’s business.
Which of the following circumstances may invalidate the comparison of Quartile’s ratios with those of the sector average?
(i) In the current year, Quartile has experienced significant rising costs for its purchases
(ii) The sector average figures are complied from companies whose year end is between 1 July 2014 and
30 September 2014
(iii) Quartile does not revalue its properties, but is aware that other entities in this sector do
(iv) During the year, Quartile discovered an error relating to the inventory count at 30 September 2013. This error was correctly accounted for in the financial statements for the current year ended 30 September 2014
A All four
B (i), (ii) and (iii)
C (ii) and (iii) only
D (ii), (iii) and (iv)
