ACCA AK Business & Technology

Question 1

Which of the following best describes a 'flat' organisational structure?

Accepted Answer

Few levels of hierarchy and wide spans of control

Answer

A flat structure has few management layers and each manager oversees many subordinates (wide span of control), enabling faster communication.

Question 2

Which ethical principle requires a professional accountant to be straightforward and honest in all professional and business relationships?

Accepted Answer

Integrity

Answer

Integrity under the ACCA Code of Ethics means being straightforward and honest; it is the foundation of trust in the profession.

Question 3

A matrix organisational structure is best described as one where:

Accepted Answer

Employees report to both a functional manager and a project manager

Answer

In a matrix structure employees have dual reporting lines — to a functional head and a project/product manager — allowing flexible resource use.

Question 4

Which of the following is a characteristic of a 'tall' organisational structure?

Accepted Answer

Many hierarchical levels

Answer

A tall structure has many levels of management, resulting in narrow spans of control and more centralised decision-making.

Question 5

Corporate governance primarily refers to:

Accepted Answer

The system by which companies are directed and controlled

Answer

Corporate governance is the system of rules, practices and processes by which a company is directed and controlled, balancing the interests of stakeholders.

ACCA Applied Knowledge Practice Test

ACCA Applied Knowledge Practice Test

ACCA AK Business & Technology