Category: Quizzes

This is a ZAI Quiz based on ACCA FTX – Foundations in Taxation with 10 multiple choice questions. Each question has four answer choices. The correct answers are provided at the end. ZAI Quiz: ACCA FTX – Foundations in Taxation 1. Which of the following is a direct tax?A) Value Added Tax (VAT)B) Excise DutyC) […]

This is a ZAI Quiz based on ACCA FFM – Foundations in Financial Management: ZAI Quiz – Foundations in Financial Management (FFM) 1. Which of the following is a primary objective of financial management?A) Maximizing revenueB) Minimizing costsC) Maximizing shareholder wealthD) Maximizing sales volume 2. What is meant by the ‘time value of money’?A) Money […]

This is a ZAI Quiz based on ACCA FAU (Foundations in Audit). Each question includes four multiple choice options, and the answers are provided at the bottom. ZAI Quiz: Foundations in Audit (FAU) 1. What is the main objective of an external audit?A) Detect all frauds and errorsB) Express an opinion on the financial statementsC) […]

ZAI Quiz – ACCA FMA (Management Accounting)Total Questions: 10Each question has 4 options. Choose the correct one. 1. What is the primary purpose of management accounting?A) To comply with tax regulationsB) To assist management in planning, controlling, and decision-makingC) To prepare financial statements for shareholdersD) To audit the company’s accounts 2. Which of the following […]

This is a ZAI Quiz based on ACCA FFA (Financial Accounting) — 10 multiple-choice questions with 4 answer options each. Answers are listed at the bottom. ZAI Quiz – ACCA FFA (Financial Accounting) 1. What is the purpose of financial accounting? A. To assist internal management decisionsB. To report financial performance to external stakeholdersC. To […]

This is a ZAI Quiz based on ACCA FBT – Foundations in Business and Technology: ZAI Quiz: ACCA FBT – Foundations in Business and Technology 1. What is the primary purpose of a mission statement?A. To detail employee responsibilitiesB. To define the business’s day-to-day operationsC. To outline the organization’s purpose and core valuesD. To describe […]

ZAI Quiz – Based on ACCA MA2: Managing Costs and FinanceTotal Questions: 10 | Multiple Choice | One Correct Answer Each 1. Which of the following is a fixed cost?A. Direct materialsB. Production supervisor salaryC. Power used by machinesD. Sales commission 2. What is meant by ‘contribution’ in cost accounting?A. Sales revenue minus overheadsB. Profit […]

This is a ZAI Quiz based on ACCA FA2 – Maintaining Financial Records. The quiz consists of 10 multiple-choice questions. Each question has four options, and the correct answers are listed at the bottom. 📘 ZAI Quiz – ACCA FA2: Maintaining Financial Records 1. Which book of prime entry is used to record credit purchases […]

This is a ZAI Quiz based on ACCA MA1: Management Information with 10 multiple-choice questions. Each question has 4 answer options. Answers are provided at the end. ZAI Quiz: ACCA MA1 – Management Information 1. What is the main purpose of management information?A. To file tax returnsB. To ensure compliance with IFRSC. To assist in […]

This ZAI Quiz based on ACCA FA1 – Recording Financial Transactions. It contains 10 multiple-choice questions, each with four options. The correct answers are provided at the end. ZAI Quiz: ACCA FA1 – Recording Financial Transactions 1. What is the main purpose of a trial balance? A. To record all business transactionsB. To prepare the […]