ACCA考试辅导：F1考题练习

　　Question：All of the following, with one exception, are inherent limitations of internal control systems.

　　Which is the exception?

　　A. The costs of control

　　B. Potential for human error and deliberate override

　　C. The types of transactions controls are designed to cope with

　　D. The independence of controls from the method of data processing

　　The correct answer is: The independence of controls from the method of data processing

　　Rationale: It would be a limitation if controls depended on the method of data processing. The others are limitations, because: the costs of control must not outweigh the benefits; there is always potential for both human error and deliberate override of controls by management; and controls are designed to cope with routine transactions, not non-routine transactions.

　　Question：A financial consultancy firm has a job vacancy for a junior office assistant at one of its offices.

　　Which of the following would be the most suitable external medium for the job advertisement?

　　A. Local newspapers

　　B. Accountancy journal

　　C. The company web site

　　D. National newspapers

　　The correct answer is: Local newspapers

　　Rationale: A professional journal would not be read by the target audience, and the same could be said of the corporate website (although this would be a cost-effective way for the firm to promote itself generally as an employer).

　　National newspapers will be too expensive, given that most of the audience will not be the firm's target group: low level positions are more likely to attract local applicants.

　　Pitfalls: If asked about choice of advertisement media, you need to think about cost and audience targeting together.