What does F1 mean in ACCA? FAQs

1. What is F1 in the ACCA qualification?

The F1 paper in the ACCA qualification, now known as Business and Technology (BT), is one of the foundational papers in the Applied Knowledge level. It introduces students to the role of business in society, the functions of an organization, and the influence of the external environment on business activities .

2. What are the main topics covered in the F1 (BT) syllabus?

The F1 (BT) syllabus covers a wide range of topics including:

• The business environment and its impact on business operations.
• Business organization, structure, governance, and management.
• Accounting and reporting systems, controls, and compliance.
• Leading and managing individuals and teams.

• Personal effectiveness and communication in business.
• Professional ethics in accounting and business .

3. How is the F1 (BT) exam structured?

The F1 (BT) exam is divided into two sections:

• Section A: Contains 46 objective test questions (OTQs) worth one or two marks each.
• Section B: Consists of six multi-task questions (MTQs), each worth four marks. These MTQs contain a series of tasks based on a single scenario .

4. What is the format of the F1 (BT) exam?

The exam is a computer-based exam (CBE) that assesses students through a mix of multiple-choice questions, multiple-response questions, and matching questions. The exam is designed to test both theoretical knowledge and practical application of business and technology concepts .

5. How can I prepare for the F1 (BT) exam?

To prepare effectively for the F1 (BT) exam, consider the following strategies:

• Use ACCA-approved study materials: Utilize textbooks, study guides,
  and course notes from approved learning partners.
• Practice with past papers: Familiarize yourself with the exam format by
  practicing past papers and specimen exams available on the ACCA website.
• Take mock exams: Online platforms like OpenTuition offer mock exams
  that simulate the actual exam environment, helping you gauge your readiness .

6. What are the key skills tested in the F1 (BT) exam?

The F1 (BT) exam tests a variety of skills including understanding business structures, interpreting financial data, applying business ethics, and managing information effectively. The emphasis is on practical application and understanding of key business and technology principles .

For more detailed information and resources, you can visit the ACCA Global website and OpenTuition.

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