ACCA - The global body for professional accountants

Foundation-level Qualifications

ACCA will be introducing an improved student experience for all exams available by CBE. At the same time, for the ACCA qualification F1-F3 and the Foundations in Accountancy equivalent exams (FAB, FMA and FFA) new question types, known as multi-task questions (MTQs) will be included as a section within the exam. MTQs contain a series of tasks which relate to one or more scenarios.

When MTQs are introduced, the structure of these exams will change so ensure you access the right support materials for the exam you are taking. Please note that the syllabus content will not change except for ACCA’s normal annual updates.

We are targeting the second half of February 2014 for these changes. Please check back regularly for updates on the confirmed launch date.

Note:The table below confirms the current exam formats and also the new exam formats that will be applicable from the targeted launch date of the second half of February 2014. Take the time to familiarise yourself with the relevant exam structure and question types for the live exam you will be sitting

The CBE Specimen & Related Resources page (link to the right hand side of this page) provides you with further information on the new exam structures, and also provides you with specimen exams in both formats.

Introductory Certificate in Financial & Management Accounting (FA1 & MA1)

Current Format

Each exam:

  • is of two hours' duration
  • contains 50 questions
  • is out of 100 marks
  • has a pass mark of 50%
  • contains two-mark multiple choice questions only.


New Format

Each exam:

  • is of two hours' duration
  • contains 50 questions
  • is out of 100 marks
  • has a pass mark of 50%
  • contains two-mark objective test questions –multiple choice questions only.


Note: There is no change to the exam format, however further information and guidance on how to answer questions in the new system can be found on the CBE Specimen & Related Resources page (link to the right hand side of the screen), along with specimen exams for each subject.

Intermediate Certificate in Financial & Management Accounting (FA2 & MA2)

Current Format

Each exam:

  • is of two hours duration
  • contains 50 questions
  • is out of 100 marks
  • has a pass mark of 50%
  • contains the following question types (all worth two marks):
    • multiple choice questions
    • multiple response questions
    • multiple response matching questions
    • number entry questions


New Format

Each exam:

  • is of two hours duration
  • contains 50 questions
  • is out of 100 marks
  • has a pass mark of 50%
  • contains the following objective test questions (OTs) -all worth two marks:
    • multiple choice questions
    • multiple response questions
    • multiple response matching questions
    • number entry questions


Note: There is no change to the exam format, however further information and guidance on how to answer questions in the new system can be found on the CBE Specimen & Related Resources page (link to the right hand side of the screen), along with specimen exams for each subject. 

Diploma in Accounting and Business (FAB, FMA & FFA)

Current Format

Each exam:

  • is of two hours duration
  • contains 50 questions
  • is out of 100 marks
  • has a pass mark of 50%
  • contains the following question types (all worth two marks):
    • multiple choice questions
    • multiple response questions
    • multiple response matching questions
    • number entry questions


New Format

Each exam:

  • is of two hours duration
  • is out of 100 marks
  • has a pass mark of 50%
  • contains 2 sections:
  • section A contains objective test questions (OTs)
  • section B contains multi-task questions (MTQs)


Further information on the changes to exam format can be found on the CBE Specimen & Related Resources page (link to the right hand side of the screen), along with specimen exams for each subject.


Note:The FAB, FMA and FFA exams follow the same structure and syllabus as the ACCA Qualification exams (F1, F2 and F3 respectively).

ACCA Qualification (F1-F3)

Current Format

Each exam:

  • is of two hours duration
  • contains 50 questions
  • is out of 100 marks
  • has a pass mark of 50%
  • contains the following question types (all worth two marks):
    • multiple choice questions
    • multiple response questions
    • multiple response matching questions
    • number entry questions


New Format

Each exam:

  • is of two hours duration
  • is out of 100 marks
  • has a pass mark of 50%
  • contains 2 sections:
  • section A contains objective test questions (OTs)
  • section B contains multi-task questions (MTQs)


Further information on the changes to exam format can be  found on the CBE Specimen & Related Resources page (link to the right hand side of the screen), along with specimen exams for each subject.


Note: The F1, F2 and F3 exams follow the same structure and syllabus as the Foundation-level Diploma exams (FAB, FMA and FFA respectively)>

CBE question types

Current Format Exams:

All exams contain objective test questions (OTs) only.  These are single short automatically marked questions  Currently all questions are worth two marks. 

  • Multiple choice - where you are required to choose one answer from a list of options by clicking on the appropriate 'radio button'. 
  • Multiple response - where you are required to select more than one response from the options provided by clicking the appropriate tick boxes (typically choose two options from the given list). 
  • Multiple response matching - where you are required to indicate a response to a number of related statements by clicking on the 'radio button' which corresponds to the appropriate response for each statement. 
  • Number entry - where you are required to key in a numerical response to a question shown on screen.


New Format Exams:

  • The Introductory and Intermediate Certificate in Financial & Management Accounting exams FA1, MA1, FA2 and MA2 exams will contain the OT questions listed above
  • The Diploma in Accounting and Business (FAB, FMA & FFA) and ACCA Qualification exams will contain the OTs outlined above in Section A and MTQs in Section B. MTQs are a series of tasks to be completed which relate to one or more scenarios.


Detailed information on all question types, how they should be answered and the new exam features can be found on the CBE Specimen & Related Resources page (link on the right hand side of the screen), along with specimen exams for each subject.

Last updated: 25 Oct 2013