- 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
- 15 Which of the following statements about intangible assets are correct?25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 December 2005?17 A business inco
- 17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. It was later8 P and Q are in partnership, sharing profits in the ratio 2:1. On 1 July 2004 they admit
- 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 publisher agreed to pay Mr Li by two instalments, one of RMB18,000
- 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
- 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:18 How should interest ch
- 13 Which of the following correctly describes the imprest system for operating petty cash?C Co uses material B, which has a current market price of $0·80 per kg. In a linear program, where the objecti
- The following statements have been made about life cycle costing:In 2014 Mr Yuan inherited an estate of RMB2 million from his uncle who had died two months earlier.25 What should the minority interest
- 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. PFaithful representation is a fundamental characteristic of useful information with
- 14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.Which of the following statements relating to internal and external auditors is correct?Is
- 10 What would the company’s profit become after the correction of the above errors?Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the following terms:Is the following
- 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. P14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records s
- 18 How should interest charged on partners’ drawings appear in partnership financial statements?Which of the following statements relating to internal and external auditors is correct?Is the following
- The following information is available for a manufacturing company which produces multiple products:14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing
- 15 Which of the following statements about intangible assets are correct?Which of the following statements relating to internal and external auditors is correct?1 If certain criteria are met, research
- In 2014 Mr Yuan inherited an estate of RMB2 million from his uncle who had died two months earlier.C Co uses material B, which has a current market price of $0·80 per kg. In a linear program, where th
- Faithful representation is a fundamental characteristic of useful information within the IASB’s Conceptual framework for financial reporting.The following statements have been made about life cycle co
- 18 Which of the following statements about accounting ratios and their interpretation are correct?The following information is available for a manufacturing company which produces multiple products:13
- 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
- 18 How should interest charged on partners’ drawings appear in partnership financial statements?The following statements have been made about life cycle costing:As income in the income statement
Added
- Which of the following statements relating to internal and external auditors is correct?10 What would the company’s profit become after the correction of the above errors?The following statements have
- 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
- 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
- The following statements have been made about life cycle costing:18 How should interest charged on partners’ drawings appear in partnership financial statements?25 What should the minority interest fi
- 19 What is the company’s return on shareholders’ equity?18 How should interest charged on partners’ drawings appear in partnership financial statements?In 2014 Mr Yuan inherited an estate of RMB2 mill
- 17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. It was later10 What would the company’s profit become after the correction of the above errors?Hindbe
- 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
- 19 What is the company’s return on shareholders’ equity?The following information is available for a manufacturing company which produces multiple products:15/40 = 37·5%
20/100 = 20%
15/100 = 15%#
20/
- 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
- 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:Faithful representation i
- Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the following terms:19 At 30 June 2004 a company’s allowance for receivables was $39,000. At 30 June 2005 trade receivab
- 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
- 18 Which of the following statements about accounting ratios and their interpretation are correct?19 What is the company’s return on shareholders’ equity?1 A low-geared company is more able to survive
- 18 Which of the following statements about accounting ratios and their interpretation are correct?17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. It
- 13 Which of the following correctly describes the imprest system for operating petty cash?A company predicted that the learning rate for production of a new product would be 80%. The actual learning r
- 25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 December 2005?C Co uses material B, which has a current market price of $0·80 per kg. In a linear program
- 25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 December 2005?24 What figure should appear in the consolidated balance sheet of the J group as at 31 Dece
- 19 What is the company’s return on shareholders’ equity?The following statements have been made about life cycle costing:8 P and Q are in partnership, sharing profits in the ratio 2:1. On 1 July 2004
- Which of the following statements relating to internal and external auditors is correct?A company predicted that the learning rate for production of a new product would be 80%. The actual learning rat
- 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
