Top 20 ACCA Sample Questions 2025 with Answers & Tips for Success

The Association of Chartered Certified Accountants (ACCA) is a globally recognised accounting qualification. In 2024, ACCA had more than 526,000 candidates studying across 180 nations. During a recent examination, the pass rates for all the main papers ranged from 33% to 53%. This highlights the importance of consistent practice and smart preparation.

One great way to enhance your chances of success is by using ACCA sample questions. These not only strengthen your subject knowledge but will also sharpen your exam techniques and even boost your confidence. In this blog, you will discover a curated set of questions for ACCA 2025 preparation, proven study tips, detailed answer explanations, and strategic practice suggestions designed to help you perform at your best.

Top 20 ACCA Sample Questions with Answers

Here are some essential ACCA sample questions with answers that cover various levels of ACCA:

1. (BT) What is the primary goal of a business model?

The main objective of a business model is to describe how an organisation creates, provides, and captures value through its operations.

2. (BT) Describe the “Four Ps” of marketing.

The "Four Ps" in marketing consist of Product, Price, Place, and Promotion.

3. (FR) How is the revenue recognised under the IFRS 15?

Revenue is recognised when control of services and goods is transferred to the consumer at the transaction price.

4. (FR) What is the difference between historical cost and fair value?

Fair value is the current market price of an asset, and the historical cost is the actual purchase price. 

5. (PM) Calculate the contribution margin if sales are $120,000 and the variable costs are $60,000.

Contribution margin = Sales - Variable costs 

Contribution margin = $120,000−$60,000

The contribution margin price is $60,000.

6. (PM) Describe the break-even point in the form of units.

The break-even point in units refers to the quantity of goods a company must sell to cover its total fixed and variable expenses with no profit or loss incurred. It is found by dividing fixed costs by the contribution per unit, which is the difference between the selling price and the variable cost of one unit.

7. (TX) In the UK, what is the standard rate of VAT?

The VAT rate in the UK is 20%.

8. (FM) How to calculate WACC (Weighted Average Cost of Capital) in finance?

WACC = (E/V × Re) + (D/V × Rd × (1 – tax rate)). Here, E is equity market value, D is debt, V is the total value of capital, Re is the cost of equity, and Rd is the cost of debt.

9. (AA) What is materiality in audit?

Materiality refers to the magnitude of an omission or misstatement that influences the economic decisions of users. 

10. (AA) What are the primary opinions in auditing?

The primary types of opinions are disclaimer, adverse, qualified, and unqualified. 

11. (SBL) Identify two ethical conflicts in a case scenario.

Two ethical conflicts in a case scenario are conflict of interest and breach of confidentiality.

12. (SBL) Provide three primary measures in the stakeholder analysis.

The steps include pinpointing stakeholders, assessing their importance, and developing engagement strategies.

13. (SBR) How are actuarial gains and losses treated under a defined benefit scheme?

Actuarial gains and losses, resulting from changes in actuarial assumptions or experience adjustments, are recognised in the other comprehensive income (OCI) and not recycled to profit or loss.

14. (SBR) Discuss the effects of IFRS 16 on the lessee accounting.

IFRS 16 requires lessees to identify a right-of-use asset and a lease liability on their balance sheet.

15. (AAA) Calculate the audit sampling risk where the sample deviation rate is 5%, and the tolerable rate is 3%.

The sampling risk is 2%, which is the amount by which the sample deviation rate surpasses the tolerable rate.

16. (AAA) Describe the purpose of analytical methods.

Analytical methods help all auditors to identify unusual balances or transactions that need further investigation.

17. (AFM) Explain how interest rate swaps can be used to manage interest rate risk

Interest rate swaps involve exchanging fixed interest rate payments for floating rate payments or vice versa. Companies can use swaps to align their debt structures with interest rate expectations, thereby managing exposure to interest rate fluctuations.

18 (APM) Discuss the benefits of the balanced scorecard.

It connects the performance measures to strategic objectives using four different perspectives: learning and growth, internal process, consumer and financial.

19 (ATX) What is the capital gains tax allowance for individuals in the UK (2024–2025)?

For the year 2024-25, the capital gains tax allowance is £3,000 for every person.

20. (ATX) Explain the primary differences between income tax and corporation tax.

Income tax applies to separate individual earnings, and the corporation tax is charged on the profits made by organisations.

Key ACCA Practice Questions to Master

Although the ACCA sample questions cover many things, it is also crucial that you focus on the following question types as well to stay exam-ready:

●   Decision-making and Budgeting (PM/FM)

●    Scenario-Based Ethics and Professional Skills.

●   Tax Computation and Interpretation (TX/ATX)

●   IFRS Application Questions (FR/SBR)

●   Advanced Calculation and Problems (AAA/AFM)

Tips for Success in Your ACCA Exam Preparation

Just like the CMA USA exam preparation, if you are preparing for the ACCA exams, you should follow these helpful ACCA exam tips:

● You must create a proper study schedule and then use the ACCA sample questions to practice common types of questions that may appear on the exam.

● Apart from using the ACCA practice questions, you can also use various resources, such as practice platforms, online lectures, etc., to study.

● One of the best ACCA exam success guide tips here is to practice under the exam conditions properly.

● You can also form a study group with peers to deepen your understanding.

Conclusion

The ACCA sample questions are helpful tools for gaining success in the ACCA examinations. When you take up the ACCA courses, you can practice with many question types and also acquire the relevant skills and confidence to excel. Do not forget to create a study plan, use mock examination platforms, and remain updated with the current examination syllabus.

If you need advice from top-tier instructors and want effective, structured guidance on such examinations, institutes like NorthStar Academy will be an excellent choice. The institute does not just provide ACCA sample questions but also offers live online classes, revision kits, and other useful study resources. They have a dedicated team to help you out throughout your ACCA qualification journey.