2020年12月acca考试将在12月7日-11日进行。临考之前，小编为大家整理了F1科目的易混淆知识点，大家快来看看有哪些词汇吧！
（一）
● Public sector & Private sector
Public sector is the organization owned or run by the government or government agencies.
All the other organizations are classified as the private sector.
（二）
● Public company & Private company
Private company is usually owned by a small number of people and these shares are not easily transferable.
Shares of public company will usually be traded on a Stock Exchange.
（三）
● Geographic departmentation
Where the organization is structured according to geographic area, some authority is retained at Head Office but day-to-day operations are handled on a territorial basis.
So it is centralized.
（四）
● Divisionalisation
It is the division of a business into autonomous regions of product business, each with its ownrevenues, expenditure and capital asset purchase programs,and therefore each with its own profit and loss responsibility.
So it is decentralized.
（五）
●Internal control
An internal control is any action taken by management to enhance the likelihood that established objectivity and goals will be achieved. Management plans,organizes and directs the performance of sufficient actions to provide reasonable assurance that objectives and goals will be achieved.
（六）
● Internal check
An internal check are defined as the checks on the day-to-day transactions whereby the work of one person is proved independently or is complementary to the work of another, the object being the prevention or early detection of errors and fraud.
（七）
● Connected & external stakeholders
Connected and internal stakeholders are primary and the external stakeholders are secondary. There are agreements or contracts between the primary stakeholders and the organizations. The secondary stakeholders have indirect influence on the companies.
（八）
● Stagflation
It occurs where there is a combination of high unemployment and high inflation caused by a price shock and inflexibility in supply.
So CPI and unemployment rate is increasing. But the GDP is not growing.
