Business, Technology & Finance Question Bank

About this question bank

A focused multiple-choice practice library covering every chapter of the ICAB Certificate-Level Business, Technology & Finance syllabus. Drill PESTEL and Porter's forces, business structures, finance and working capital, capital markets, money markets, risk and ethics, IT in business, governance and macroeconomics. No timer, instant explanations, unlimited retries.

What you'll practise

Chapters

1. Chapter 1: Introduction to business

   Primary and secondary objectives of profit and non-profit organisations, mission/vision/strategy, SMART criteria, satisficing, stakeholders (internal/connected/external), CSR, ESG, triple bottom line, sustainability and climate change, the 4Rs model.
   248 Q
2. Chapter 2: Managing a business

   Power and authority, delegation, line/staff/functional management, Mintzberg's managerial roles, group development (Tuckman), organisational culture (Handy, Quinn), marketing mix and segmentation.
   241 Q
3. Chapter 3: Organisational and business structures

   Sole traders, partnerships, companies (private/public/listed), separate legal personality, organisational structure (functional/divisional/matrix), centralisation vs decentralisation, Mintzberg's organisational configurations.
   244 Q
4. Chapter 4: Introduction to business strategy

   Strategic analysis (PESTEL, Porter's Five Forces, value chain, SWOT), strategic choice (Ansoff, Porter's generic strategies, BCG matrix), strategy implementation, crisis management, the Four Ss model.
   250 Q
5. Chapter 5: Introduction to risk management

   Risk concept and types (business/financial/operational/strategic/compliance), risk management process (identification, assessment, response), risk responses (TARA: transfer, avoid, reduce, accept), disaster recovery, business continuity.
   249 Q
6. Chapter 6: The finance function and financial information

   Role of the finance function, treasury, financial reporting, management accounting, planning and control, performance measurement (balanced scorecard), information qualities (CATIVA), users of financial information.
   251 Q
7. Chapter 7: Business finance

   Working capital management (cash, receivables, payables, inventory), short/long-term finance, equity vs debt, capital markets (primary/secondary, IPO/placing/rights issue), gearing and dividend policy.
   250 Q
8. Chapter 8: The accountancy profession

   Role and structure of the profession, ICAB, regulatory framework, public interest, professional behaviour, accountancy bodies, education and training.
   252 Q
9. Chapter 9: Governance and ethics

   Fundamental ethical principles, conceptual framework, threats and safeguards, ethical conflict resolution, professional accountant in business vs public practice, NOCLAR.
   248 Q
10. Chapter 10: Corporate governance

    Agency theory, separation of ownership and control, governance codes (BSEC Code), board structure and effectiveness, audit/remuneration/nomination committees, NEDs, stewardship and shareholder rights.
    241 Q
11. Chapter 11: The economic environment of business and finance

    Microeconomics (demand/supply, elasticity, market structures, market failure, externalities), macroeconomics (GDP, inflation, unemployment, fiscal and monetary policy), international trade and exchange rates.
    242 Q
12. Chapter 12: External regulation of business

    Competition policy (Competition Act 2012), Companies Act 1994, securities regulation (BSEC), money-laundering regulation, data protection, consumer protection, regulators (RJSC, BSEC, DSE).
    250 Q
13. Chapter 13: Data analysis

    Data vs information, the data analysis cycle, descriptive/diagnostic/predictive/prescriptive analytics, data visualisation, big data, sources of data, data quality, analytics in decision-making.
    252 Q
14. Chapter 14: Developments in technology

    Cloud computing (IaaS/PaaS/SaaS), AI and machine learning, blockchain and distributed ledger, IoT, robotic process automation (RPA), cybersecurity, fintech, the future of work.
    243 Q