Friday Five – 14 December – 5 Questions in 5 Minutes
Welcome to this week’s Friday Five – 5 Questions in 5 Minutes Every Friday
What’s this all about?
It’s a bit of Friday Fun where we provide you with 5 questions relevant to a mix of CII exams. The challenge is for you to answer them in 5 minutes. Answers at the bottom of the page.
These questions relate to examinable tax year 2018/19, examinable until 31 August 2019.
- Which of the following consequences of trying to embed ethics into an organisation should be encouraged?
- Superficial ethical behaviour being viewed as a marketing ploy
- Inconsistent ethical behaviour resulting in cynicism
- Senior management ‘walking the talk’ to reinforce the ethics of the business
- Not addressing behaviours that could underpin an organisation
- If an investment has a mean of 5% and a standard deviation 6%, you would expect 95% of returns to fall between:
- -1% and 11%
- -5% and 15%
- -7% and 17%
- 1% and 16%
- How often do registered Value Added Tax (VAT) traders normally have to pay any VAT due to HMRC?
- At the date they supply taxable goods
- Farley Ltd’s occupational pension scheme is underfunded and The Pension Regulator has concluded they are insufficiently resourced, what measure can they issue?
- Contribution Notice
- Financial Support direction
- Freezing Order
- Restoration Order
- In relation to the State pension credit, an individual reaching State pension age on or after 6 April 2016 may normally be entitled to:
- The guarantee credit only
- The savings credit only
- Both the guarantee and the savings credit
- Neither the guarantee nor the savings credit
- C – See R01 Study Text, Chp 10
Grab our taster mock exam paper for CII R01. Click here to download.
- C – See R02 Study Text, Chp 3
Grab our taster mock exam paper for CII R02. Click here to download.
- C – See R03 Study Text, Chp 8
Grab our taster mock exam paper for CII R03. Click here to download.
- B – See R04 Study Text, Chp 2
Grab our taster mock exam paper for CII R04. Click here to download.
- A – See R05 Study Text, Chp 3
Grab our taster mock exam paper for CII R05. Click here to download.
How did you find this week’s questions? Did you complete them in 5 minutes? Did you get them all correct? Do you disagree with any?
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