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Foundation level · Business Environment

Business Environment · May 2021

Every objective and theory question in this paper, and the topic notes to revise each one.

4 questions4 theory5 topics to revise
Source: ICAN Pathfinder, Foundation Level Examination, Business Environment, May 2021

May 2021 diet

0 objective and 4 theory
0 objective4 theory80 theory marks set
No.SectionMarksCovers
Q120From the earlier Business, Management and Finance paper. Government measures against imports, the effects of a fallin...
Q220From the earlier Business, Management and Finance paper. Asks for the three groups of Belbin team roles.Asks for the ...
Q520From the earlier Business, Management and Finance paper. Asks about Adair’s action-centred leadership, the skills in ...
Q620From the earlier Business, Management and Finance paper. Asks about reporting channels for unethical conduct, the pub...

Theory questions Written questions

1
Theory question 1Written paper
20 marks
  • From the earlier Business, Management and Finance paper. Government measures against imports, the effects of a falling exchange rate, and the economic effects of removing a fuel subsidy. Revise the intervention tools and the arguments for intervention.

  • From the earlier Business, Management and Finance paper. Part (b) asks about the effects of a fall in a currency’s exchange value. Revise the foreign exchange market.

The full wording of this question has not been added yet. This summary shows what it tests and where to revise it.
Source: ICAN Pathfinder, Foundation Level Examination, Business Environment, May 2021, Question 1
2
Theory question 2Written paper
20 marks
  • From the earlier Business, Management and Finance paper. Asks for the three groups of Belbin team roles.Asks for the three groups of Belbin team roles, the roles in each group, and what makes teams succeed.

The full wording of this question has not been added yet. This summary shows what it tests and where to revise it.
Source: ICAN Pathfinder, Foundation Level Examination, Business Environment, May 2021, Question 2
5
Theory question 5Written paper
20 marks
  • From the earlier Business, Management and Finance paper. Asks about Adair’s action-centred leadership, the skills in each of its three groups, and Adair’s 50/50 rule. Revise the leadership theories table.

The full wording of this question has not been added yet. This summary shows what it tests and where to revise it.
Source: ICAN Pathfinder, Foundation Level Examination, Business Environment, May 2021, Question 5
6
Theory question 6Written paper
20 marks
  • From the earlier Business, Management and Finance paper. Asks about reporting channels for unethical conduct, the public’s expectations of accountants, and the roles of accountancy bodies in promoting ethics.

The full wording of this question has not been added yet. This summary shows what it tests and where to revise it.
Source: ICAN Pathfinder, Foundation Level Examination, Business Environment, May 2021, Question 6
Source and reference. These questions come from the Institute of Chartered Accountants of Nigeria (ICAN) Pathfinder for the Foundation Level Examination, Business Environment, May 2021. When you use them, please cite the source, for example: ICAN Pathfinder, Foundation Level Examination, Business Environment, May 2021. Each question carries its own reference and a button to copy it.