ACCA Written Answer Practice: Constructed Response Questions for Applied Skills, Expertise and Strategic Professional

Written answer practice

Written by Fahad Mirza (ACCA), Mahnoor Sheikh (ACCA), Saad Rahman (ACCA)

The Applied Skills, Expertise and Strategic Professional exams include longer constructed response questions that are worth 20 or more marks, with scenarios, calculations and discussion. These practice questions were written for this site in that style. You type your answer, then open the marking points and tick the points you made. The points are this site's own and are not ACCA's marking scheme.

How to use these questions

Time yourself. ACCA's three-hour exams carry 100 marks, so allow about 1.8 minutes for each mark.
Answer every requirement. For calculations, show each working so that method can be seen, and state your figures clearly.
For discussion, make a point, support it with the facts of the scenario, and say why it matters. A list of headings earns little.
Your answers are saved only in this browser. When you check, tick only the points you made clearly, and each point once. A real examiner may accept other valid points.

Written answer practice

How to use these questions

PM Performance Management

Delta Ltd: activity-based costing and throughput accounting

Chemco: material mix, yield, planning and operational variances

Alpha and Beta: divisional performance and transfer pricing

TX-PKN Taxation (Pakistan)

Bilal: business income, capital allowances and tax

Meridian Ltd: company tax, alternative corporate tax and withholding

Sana: capital gains and sales tax

FR Financial Reporting

Zahra Manufacturing: revaluation, lease and warranty

Pacific Co: consolidated statement of financial position workings

Bright Retail: ratio analysis and interpretation

Naveed Logistics: lease accounting and its effect on the ratios

AA Audit and Assurance

Nova Foods: materiality, risks and acceptance

Karim Traders: purchases system deficiencies and controls

Zenith Co: subsequent events, going concern and the audit opinion

FM Financial Management

Orbit Co: investment appraisal with inflation and tax

Corvus Co: cost of capital and financing a project

E2 Financial Reporting

Hamza Group: bargain purchase, disposal and fair value

E3 Audit, Risk and Control

Green Power: assurance on sustainability information

E4 Finance and Investment

Nimbus Co: hedging a foreign currency payment

E5 Performance with Data Analysis

Zephyr Ltd: learning curve and cost forecasting

SBL Strategic Business Leader

Nadir Foods: governance weaknesses and risk response

SBR Strategic Business Reporting (International)

Halim Group: goodwill, impairment and a request that raises an ethical issue

AFM Advanced Financial Management

Kiran Textiles: valuing a target and advising on the offer

APM Advanced Performance Management

Two divisions: ROI, residual income and the choice of measures

AAA Advanced Audit and Assurance (International)

Noor Packaging: materiality, audit risks and an ethical threat

S1 Business and Sustainability Reporting (International)

Farid Steel: sustainability disclosures and a carbon neutral claim

SDS Data Science Professional

A loan default model: evaluation, governance and communication