Question Tag: Objectives

Search 500 + past questions and counting.

MFS – JUL 2020 – L2 – Q7 – Monetary vs Fiscal Policy and Elements of Monetary Policy

Distinguish between monetary and fiscal policy, and explain instruments, targets, and objectives using monetary policy examples.

Question

a) Distinguish between monetary policy and fiscal policy? (5marks)

b) Using monetary policy as an illustration, and giving specific examples, clearly explain the following:

i. Instruments (5marks)

ii. Targets (5marks)

iii. Objectives (5marks)

[Total Marks: 20]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Fiscal Policy, Instruments, Monetary Policy, Objectives, targets
Level: Level 2

Topic: Economic policy
Series: JULY 2020

ITA – APR 2023 – L1 – Q3 – Budgeting and Financial Statements Users

Explain budgeting and its objectives, external users of financial statements, and objectives of financial reporting and statements.

Question

(a) Explain what Budgeting is along with two (2) objectives of Budgeting. (6 marks)

(b) Identify and explain five (5) external users of the financial statements and their information needs. (10 marks)

(c) What is the objective of general-purpose financial reporting? (2 marks)

(d) What is the objective of financial statements? (2 marks)

(Total: 20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Budgeting, External Users, Financial Reporting Objective, Financial Statements Objective, Objectives
Level: Level 1

Topic: Accounting Reports
Series: APR 2023

BSIM – APR 2023 – L3 – Q5 – Information Security Objectives and Controls

Describe three main information security objectives, reasons for controls, and tools/techniques for security.

Question

a) Describe the three main information security objectives and provide reasons why banks implement various information security controls. [10 Marks]

b) Describe various tools, techniques, and means by which organisations ensure that their Information and IT systems are secure.

[Total: 20 Marks]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banks, Controls, Information security, IT Systems, Objectives, Techniques, Tools
Level: Level 3

Topic: uses and the value of information
Series: APR 2023

MFS – APR 2024 – L2 – Q7 – Objectives of Macro-Economic Policy and Their Conflicts

Outline the objectives of macro-economic policy, identify their practical incompatibilities or major conflicts, and recommend a useful procedure for satisfactory attainment.

Question

Assume you have been delegated by the Chief Executive Officer of a Financial Institution to represent her at a seminar where she is to deliver a speech on the topic: “Though the objectives of Macro-Economic Policy are logically consistent, they are unattainable simultaneously”. Outline such objectives and identify their practical incompatibility or major conflicts. Recommend a useful procedure towards a satisfactory attainment of the goals of Macro-Economic Policy.

Answer

Find Related Questions by Tags, levels, etc.

Tags: attainment, Conflicts, logical consistency, macro-economic policy, Objectives, procedure, unattainability
Level: Level 2

Topic: Aims of economic policy, Economic policy
Series: APR 2024

CSME – Nov 2020 – L2 – Q1b – Corporate Governance

Clarify the nature and objectives of a mission statement in relation to strategic management.

Question

Clarify the nature and objectives of a mission statement.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Mission Statement, Objectives, Strategic Planning
Level: Level 2

Topic: Corporate Governance
Series: NOV 2020

FR – Nov 2020 – L2 – Q2c – Regulatory Framework for Financial Reporting

Highlights of the objectives of the International Accounting Standards Board (IASB).

Question

Non-accounting professionals usually wonder why an entity’s general-purpose financial reporting should be regulated without allowing users to be free to choose their presentations.

Required:

Highlight THREE objectives of the International Accounting Standards Board (IASB).

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accounting Standards, IASB, Objectives
Level: Level 2

Topic: Regulatory Framework for Financial Reporting
Series: NOV 2020

BF – Nov 2015 – L1 – SA – Q7 – Nature of Business, Types, and Objectives

Identifying the incorrect statement about objectives.

Question

Which of the following statements is NOT true of objectives?
A. Specific
B. Measurable
C. Time bound
D. Relevant to the context of the vision of an organisation
E. Achievable within the undefined time frame

Answer

Find Related Questions by Tags, levels, etc.

Tags: Objectives, SMART, Time Frame
Level: Level 1

Topic: Nature of Business, Types, and Objectives
Series: NOV 2015

BF – Nov 2015 – L1 – SA – Q2 – Nature of Business, Types, and Objectives

Identifying what should not be an objective of a business organization.

Question

Which of the following should NOT be the objective of a business organisation?
A. Pay tax as at when due
B. Obey laws enacted by the National Assembly
C. Keep clean environment
D. Encourage tax avoidance
E. Encourage tax evasion

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business, Ethics, Objectives
Level: Level 1

Topic: Nature of Business, Types, and Objectives
Series: NOV 2015

MI – May 2022 – L1 – SA – Q5 – Decision-Making Techniques

Identifying an element that is not part of the decision-making process.

Question

Which of the following is NOT an element involved in decision making, planning and control process?

A. Identifying the objectives that will guide the decision
B. Search for a range of possible courses of action to achieve the objectives
C. Select an appropriate alternative course of action to achieve the objectives
D. Implement the decisions as part of planning and budgeting process
E. Maximise shareholders’ value

Answer

Find Related Questions by Tags, levels, etc.

Tags: Decision Making, Objectives, Planning
Level: Level 1

Topic: Decision-making techniques
Series: MAY 2022

MI – May 2023 – L1 – SA – Q7 – Introduction to Cost Accounting

This question asks for the basic objective of cost accounting.

Question

The basic objective of cost accounting is:
A. Financial audit
B. Cost ascertainment
C. Cost allocation
D. Profit analysis
E. Cost production

Answer

Find Related Questions by Tags, levels, etc.

Tags: Cost Accounting, Cost Ascertainment, Objectives
Level: Level 1

Topic: Introduction to Cost Accounting
Series: MAY 2023

MFS – JUL 2020 – L2 – Q7 – Monetary vs Fiscal Policy and Elements of Monetary Policy

Distinguish between monetary and fiscal policy, and explain instruments, targets, and objectives using monetary policy examples.

Question

a) Distinguish between monetary policy and fiscal policy? (5marks)

b) Using monetary policy as an illustration, and giving specific examples, clearly explain the following:

i. Instruments (5marks)

ii. Targets (5marks)

iii. Objectives (5marks)

[Total Marks: 20]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Fiscal Policy, Instruments, Monetary Policy, Objectives, targets
Level: Level 2

Topic: Economic policy
Series: JULY 2020

ITA – APR 2023 – L1 – Q3 – Budgeting and Financial Statements Users

Explain budgeting and its objectives, external users of financial statements, and objectives of financial reporting and statements.

Question

(a) Explain what Budgeting is along with two (2) objectives of Budgeting. (6 marks)

(b) Identify and explain five (5) external users of the financial statements and their information needs. (10 marks)

(c) What is the objective of general-purpose financial reporting? (2 marks)

(d) What is the objective of financial statements? (2 marks)

(Total: 20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Budgeting, External Users, Financial Reporting Objective, Financial Statements Objective, Objectives
Level: Level 1

Topic: Accounting Reports
Series: APR 2023

BSIM – APR 2023 – L3 – Q5 – Information Security Objectives and Controls

Describe three main information security objectives, reasons for controls, and tools/techniques for security.

Question

a) Describe the three main information security objectives and provide reasons why banks implement various information security controls. [10 Marks]

b) Describe various tools, techniques, and means by which organisations ensure that their Information and IT systems are secure.

[Total: 20 Marks]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banks, Controls, Information security, IT Systems, Objectives, Techniques, Tools
Level: Level 3

Topic: uses and the value of information
Series: APR 2023

MFS – APR 2024 – L2 – Q7 – Objectives of Macro-Economic Policy and Their Conflicts

Outline the objectives of macro-economic policy, identify their practical incompatibilities or major conflicts, and recommend a useful procedure for satisfactory attainment.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: attainment, Conflicts, logical consistency, macro-economic policy, Objectives, procedure, unattainability
Level: Level 2

Topic: Aims of economic policy, Economic policy
Series: APR 2024

CSME – Nov 2020 – L2 – Q1b – Corporate Governance

Clarify the nature and objectives of a mission statement in relation to strategic management.

Question

Clarify the nature and objectives of a mission statement.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Mission Statement, Objectives, Strategic Planning
Level: Level 2

Topic: Corporate Governance
Series: NOV 2020

FR – Nov 2020 – L2 – Q2c – Regulatory Framework for Financial Reporting

Highlights of the objectives of the International Accounting Standards Board (IASB).

Question

Non-accounting professionals usually wonder why an entity’s general-purpose financial reporting should be regulated without allowing users to be free to choose their presentations.

Required:

Highlight THREE objectives of the International Accounting Standards Board (IASB).

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accounting Standards, IASB, Objectives
Level: Level 2

Topic: Regulatory Framework for Financial Reporting
Series: NOV 2020

BF – Nov 2015 – L1 – SA – Q7 – Nature of Business, Types, and Objectives

Identifying the incorrect statement about objectives.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Objectives, SMART, Time Frame
Level: Level 1

Topic: Nature of Business, Types, and Objectives
Series: NOV 2015

BF – Nov 2015 – L1 – SA – Q2 – Nature of Business, Types, and Objectives

Identifying what should not be an objective of a business organization.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business, Ethics, Objectives
Level: Level 1

Topic: Nature of Business, Types, and Objectives
Series: NOV 2015

MI – May 2022 – L1 – SA – Q5 – Decision-Making Techniques

Identifying an element that is not part of the decision-making process.

Question

Which of the following is NOT an element involved in decision making, planning and control process?

Answer

Find Related Questions by Tags, levels, etc.

Tags: Decision Making, Objectives, Planning
Level: Level 1

Topic: Decision-making techniques
Series: MAY 2022

MI – May 2023 – L1 – SA – Q7 – Introduction to Cost Accounting

This question asks for the basic objective of cost accounting.

Question

The basic objective of cost accounting is:
A. Financial audit
B. Cost ascertainment
C. Cost allocation
D. Profit analysis
E. Cost production

Answer

Find Related Questions by Tags, levels, etc.

Tags: Cost Accounting, Cost Ascertainment, Objectives
Level: Level 1

Topic: Introduction to Cost Accounting
Series: MAY 2023

Question Tag: Objectives

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

MFS – JUL 2020 – L2 – Q7 – Monetary vs Fiscal Policy and Elements of Monetary Policy

Distinguish between monetary and fiscal policy, and explain instruments, targets, and objectives using monetary policy examples.

You're reporting an error for "MFS – JUL 2020 – L2 – Q7 – Monetary vs Fiscal Policy and Elements of Monetary Policy"

ITA – APR 2023 – L1 – Q3 – Budgeting and Financial Statements Users

Explain budgeting and its objectives, external users of financial statements, and objectives of financial reporting and statements.

You're reporting an error for "ITA – APR 2023 – L1 – Q3 – Budgeting and Financial Statements Users"

BSIM – APR 2023 – L3 – Q5 – Information Security Objectives and Controls

Describe three main information security objectives, reasons for controls, and tools/techniques for security.

You're reporting an error for "BSIM – APR 2023 – L3 – Q5 – Information Security Objectives and Controls"

MFS – APR 2024 – L2 – Q7 – Objectives of Macro-Economic Policy and Their Conflicts

Outline the objectives of macro-economic policy, identify their practical incompatibilities or major conflicts, and recommend a useful procedure for satisfactory attainment.

You're reporting an error for "MFS – APR 2024 – L2 – Q7 – Objectives of Macro-Economic Policy and Their Conflicts"

CSME – Nov 2020 – L2 – Q1b – Corporate Governance

Clarify the nature and objectives of a mission statement in relation to strategic management.

You're reporting an error for "CSME – Nov 2020 – L2 – Q1b – Corporate Governance"

FR – Nov 2020 – L2 – Q2c – Regulatory Framework for Financial Reporting

Highlights of the objectives of the International Accounting Standards Board (IASB).

You're reporting an error for "FR – Nov 2020 – L2 – Q2c – Regulatory Framework for Financial Reporting"

BF – Nov 2015 – L1 – SA – Q7 – Nature of Business, Types, and Objectives

Identifying the incorrect statement about objectives.

You're reporting an error for "BF – Nov 2015 – L1 – SA – Q7 – Nature of Business, Types, and Objectives"

BF – Nov 2015 – L1 – SA – Q2 – Nature of Business, Types, and Objectives

Identifying what should not be an objective of a business organization.

You're reporting an error for "BF – Nov 2015 – L1 – SA – Q2 – Nature of Business, Types, and Objectives"

MI – May 2022 – L1 – SA – Q5 – Decision-Making Techniques

Identifying an element that is not part of the decision-making process.

You're reporting an error for "MI – May 2022 – L1 – SA – Q5 – Decision-Making Techniques"

MI – May 2023 – L1 – SA – Q7 – Introduction to Cost Accounting

This question asks for the basic objective of cost accounting.

You're reporting an error for "MI – May 2023 – L1 – SA – Q7 – Introduction to Cost Accounting"

MFS – JUL 2020 – L2 – Q7 – Monetary vs Fiscal Policy and Elements of Monetary Policy

Distinguish between monetary and fiscal policy, and explain instruments, targets, and objectives using monetary policy examples.

You're reporting an error for "MFS – JUL 2020 – L2 – Q7 – Monetary vs Fiscal Policy and Elements of Monetary Policy"

ITA – APR 2023 – L1 – Q3 – Budgeting and Financial Statements Users

Explain budgeting and its objectives, external users of financial statements, and objectives of financial reporting and statements.

You're reporting an error for "ITA – APR 2023 – L1 – Q3 – Budgeting and Financial Statements Users"

BSIM – APR 2023 – L3 – Q5 – Information Security Objectives and Controls

Describe three main information security objectives, reasons for controls, and tools/techniques for security.

You're reporting an error for "BSIM – APR 2023 – L3 – Q5 – Information Security Objectives and Controls"

MFS – APR 2024 – L2 – Q7 – Objectives of Macro-Economic Policy and Their Conflicts

Outline the objectives of macro-economic policy, identify their practical incompatibilities or major conflicts, and recommend a useful procedure for satisfactory attainment.

You're reporting an error for "MFS – APR 2024 – L2 – Q7 – Objectives of Macro-Economic Policy and Their Conflicts"

CSME – Nov 2020 – L2 – Q1b – Corporate Governance

Clarify the nature and objectives of a mission statement in relation to strategic management.

You're reporting an error for "CSME – Nov 2020 – L2 – Q1b – Corporate Governance"

FR – Nov 2020 – L2 – Q2c – Regulatory Framework for Financial Reporting

Highlights of the objectives of the International Accounting Standards Board (IASB).

You're reporting an error for "FR – Nov 2020 – L2 – Q2c – Regulatory Framework for Financial Reporting"

BF – Nov 2015 – L1 – SA – Q7 – Nature of Business, Types, and Objectives

Identifying the incorrect statement about objectives.

You're reporting an error for "BF – Nov 2015 – L1 – SA – Q7 – Nature of Business, Types, and Objectives"

BF – Nov 2015 – L1 – SA – Q2 – Nature of Business, Types, and Objectives

Identifying what should not be an objective of a business organization.

You're reporting an error for "BF – Nov 2015 – L1 – SA – Q2 – Nature of Business, Types, and Objectives"

MI – May 2022 – L1 – SA – Q5 – Decision-Making Techniques

Identifying an element that is not part of the decision-making process.

You're reporting an error for "MI – May 2022 – L1 – SA – Q5 – Decision-Making Techniques"

MI – May 2023 – L1 – SA – Q7 – Introduction to Cost Accounting

This question asks for the basic objective of cost accounting.

You're reporting an error for "MI – May 2023 – L1 – SA – Q7 – Introduction to Cost Accounting"

Our offerings

Community

Contact Info

Customer

Get In Touch

admin

Pick a Form