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17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. It was later14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $
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A company predicted that the learning rate for production of a new product would be 80%. The actual learning rate was 75%. The following possible reasons were stated for this:Mr Li, a photographer, ha
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19 What is the company’s return on shareholders’ equity?C Co uses material B, which has a current market price of $0·80 per kg. In a linear program, where the objective is to maximise profit, the shad
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24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 for minority18 Which of the following statements about accounting ratios and their interpretation a
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Is the following statement true or false?14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.18 Which of the following statements about account
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The following statements have been made about life cycle costing:Mr Li, a photographer, had his photos published in the July 2014 edition of the tourism journal. The total fee was RMB20,000 and the pu
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A company predicted that the learning rate for production of a new product would be 80%. The actual learning rate was 75%. The following possible reasons were stated for this:A corporate taxpayer has
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13 Which of the following correctly describes the imprest system for operating petty cash?10 What would the company’s profit become after the correction of the above errors?Is the following statement
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19 What is the company’s return on shareholders’ equity?Faithful representation is a fundamental characteristic of useful information within the IASB’s Conceptual framework for financial reporting.14
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24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 for minority19 At 30 June 2004 a company’s allowance for receivables was $39,000. At 30 June 2005 t
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25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 December 2005?Is the following statement true or false?10 What would the company’s profit become after th
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C Co uses material B, which has a current market price of $0·80 per kg. In a linear program, where the objective is to maximise profit, the shadow price of material B is $2 per kg. The following state
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19 At 30 June 2004 a company’s allowance for receivables was $39,000. At 30 June 2005 trade receivables totalled $517,000. It was decided to write off debts totalling $37,000 and to adjust the allowan
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10 What would the company’s profit become after the correction of the above errors?18 How should interest charged on partners’ drawings appear in partnership financial statements?Faithful representati
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Which of the following statements relating to internal and external auditors is correct?Is the following statement true or false?15 Which of the following statements about intangible assets are correc
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Which of the following statements relating to internal and external auditors is correct?15 Which of the following statements about intangible assets are correct?8 P and Q are in partnership, sharing p
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Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the following terms:17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. I
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19 What is the company’s return on shareholders’ equity?C Co uses material B, which has a current market price of $0·80 per kg. In a linear program, where the objective is to maximise profit, the shad
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C Co uses material B, which has a current market price of $0·80 per kg. In a linear program, where the objective is to maximise profit, the shadow price of material B is $2 per kg. The following state
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Is the following statement true or false?Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the following terms:C Co uses material B, which has a current market price of $
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The following information is available for a manufacturing company which produces multiple products:Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the following terms:
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18 How should interest charged on partners’ drawings appear in partnership financial statements?The following statements have been made about life cycle costing:In 2014 Mr Yuan inherited an estate of
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18 How should interest charged on partners’ drawings appear in partnership financial statements?15 Which of the following statements about intangible assets are correct?Is the following statement true
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Which of the following statements relating to internal and external auditors is correct?25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 December 2005?18
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13 Which of the following correctly describes the imprest system for operating petty cash?Which of the following statements relating to internal and external auditors is correct?17 A business income s
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18 How should interest charged on partners’ drawings appear in partnership financial statements?15 Which of the following statements about intangible assets are correct?19 What is the company’s return
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24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 for minorityA company predicted that the learning rate for production of a new product would be 80%
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Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the following terms:19 What is the company’s return on shareholders’ equity?Which of the following statements relating t
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C Co uses material B, which has a current market price of $0·80 per kg. In a linear program, where the objective is to maximise profit, the shadow price of material B is $2 per kg. The following state
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10 What would the company’s profit become after the correction of the above errors?A company predicted that the learning rate for production of a new product would be 80%. The actual learning rate was
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18 How should interest charged on partners’ drawings appear in partnership financial statements?19 What is the company’s return on shareholders’ equity?17 A business income statement for the year ende
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14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.8 P and Q are in partnership, sharing profits in the ratio 2:1. On 1 July 2004 they admitte
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A corporate taxpayer has under-reported its taxable revenue in 2002 and hence underpaid value added tax (VAT) and enterprise income tax (EIT). In 2014, the taxpayer was charged by the tax authority wi
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13 Which of the following correctly describes the imprest system for operating petty cash?18 Which of the following statements about accounting ratios and their interpretation are correct?24 What figu
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8 P and Q are in partnership, sharing profits in the ratio 2:1. On 1 July 2004 they admitted P’s son R as a partner. PMr Li, a photographer, had his photos published in the July 2014 edition of the to
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10 What would the company’s profit become after the correction of the above errors?8 P and Q are in partnership, sharing profits in the ratio 2:1. On 1 July 2004 they admitted P’s son R as a partner.
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24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 for minorityA corporate taxpayer has under-reported its taxable revenue in 2002 and hence underpaid
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Which of the following statements relating to internal and external auditors is correct?Faithful representation is a fundamental characteristic of useful information within the IASB’s Conceptual frame
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A corporate taxpayer has under-reported its taxable revenue in 2002 and hence underpaid value added tax (VAT) and enterprise income tax (EIT). In 2014, the taxpayer was charged by the tax authority wi
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Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the following terms:Is the following statement true or false?19 What is the company’s return on shareholders’ equity?A c
