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ACCA Strategic Professional VIP Practice Exam

ACCA SP — The ACCA Strategic Professional (SP) level is the advanced tier of the Association of Chartered Certified Accountants qualification, comprising two mandatory papers — Strategic Business Leader (SBL) and Strategic Business Reporting (SBR) — plus two optional papers chosen from Advanced Financial Management (AFM), Advanced Performance Management (APM), Advanced Taxation (ATX), and Advanced Audit and Assurance (AAA). Sittings are held in March, June, September, and December; each paper is 3 hours 15 minutes with a 50% pass mark. This practice set focuses on core SBL and SBR competencies with selected AFM and APM content.

30
Questions
90m
Time Limit
50.00%
To Pass
Question 1 of 30👑 VIP

Greenfield Holdings plc is a diversified conglomerate. Its board recently approved a major acquisition of a competitor without commissioning an independent fairness opinion and without disclosing the transaction to shareholders until completion. The non-executive directors (NEDs) raised no formal objection. Which governance failure is most directly illustrated by this scenario?

Questions 2–30 and full explanations are VIP-exclusive.