The role of the accountancy function within a business is to provide a service to other departments in the organisation-True-False True False * 1 point Select the most appropriate person Working in an accounts department, you are likely to have one main person that you report to. Which of the following people is it most likely to be? Sales Manager Managing Director Accounts Dept Supervisor Training Manager Colleague 2 points Select the FOUR features of CPD from the following list Continuing professional development (CPD) is important. Keeps technical knowledge up to date-Uses only formal training sessions- Is a benefit to employers-May include formal training sessions-Is a requirement of membership of professional bodies Keeps technical knowledge up to date Uses only formal training sessions Is a benefit to employers May include formal training sessions Is a requirement of membership of professional bodies * 4 points Select ONE from the following list Which of the following sample passwords (explanations are in brackets) would provide the best security? rover (your dog's name) 12july (your birthday) hu56LL (a mix of upper and lower case and numbers) password (the word itself) chocolate (your favourite food) * 2 points Select the correct document name A source document used to enter the amount charged by a credit supplier for the supply of goods is a. Sales invoice Credit note Purchase invoice Cheque * 2 points Select THREE from the following list Which of the following are typical source documents for entering data into * 3 points an accountancy software package? Purchase Invoice Letter from Supplier Sales Invoice Purchase Credit Note Email from colleague Select from the following list Which of the following documents are commonly available from accountancy software? Aged analysis of receivables (debtors) Remittance advice List of employees Trial balance Audit trail 4 points Select whether this statement is completely true, completely false, or only partly true Data can be imported into a computerised accounting package from a spreadsheet package, and data can be exported from a computerised accounting package to a word processing package. completely true completely false only partly true 2 points Select the THREE codes that are correct A company's coding system is based on a letter and a number. The letter * 3 points relates to the cost centre, where A is for factory, and B is for administration. The number is used as follows: 1 is for materials, 2 is for labour and 3 is for expenses. For example Factory materials code A1 Administration stationery code B2 Administration wages code B2 Factory rent code A3 Select the correct amount An employee is paid 10 per hour for a basic 40 hour week, with 15 per hour paid for any overtime. During one week he works 43 hours. What is his gross pay? 430.00 475.00 630.00 445.00 2 points Select the correct words When actual income is more than budgeted income, the variance 4 points is_ 1_ variance is . When budgeted costs are more than actual costs, the 2 Adverse Favourable 1 2 O Select from the following list, costs that usually behave as VARIABLE costs Three common types of cost behaviour are: Fixed costs, variable costs, and semi-variable costs. 2 points Employees paid by piecework Manager's salary Factory rent Office heating Raw materials