- 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
- 14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.A corporate taxpayer has under-reported its taxable revenue in 2002 and hence underpaid val
- 15 Which of the following statements about intangible assets are correct?10 What would the company’s profit become after the correction of the above errors?1 If certain criteria are met, research expe
- The following statements have been made about life cycle costing:Which of the following statements relating to internal and external auditors is correct?A corporate taxpayer has under-reported its tax
- 17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. It was later24 What figure should appear in the consolidated balance sheet of the J group as at 31 De
- The following statements have been made about life cycle costing:Which of the following statements relating to internal and external auditors is correct?18 Which of the following statements about acco
- 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
- 14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.C Co uses material B, which has a current market price of $0·80 per kg. In a linear program
- 13 Which of the following correctly describes the imprest system for operating petty cash?18 How should interest charged on partners’ drawings appear in partnership financial statements?A
All expendit
- 17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. It was laterC Co uses material B, which has a current market price of $0·80 per kg. In a linear progr
- 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 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:8 P and Q are in partners
- 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:13 Which of the following
- 14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.Is the following statement true or false?Beta submitted a statement to Alpha as at the same
- 18 How should interest charged on partners’ drawings appear in partnership financial statements?24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 for
- Is the following statement true or false?15 Which of the following statements about intangible assets are correct?24 What figure should appear in the consolidated balance sheet of the J group as at 31
- 19 What is the company’s return on shareholders’ equity?18 Which of the following statements about accounting ratios and their interpretation are correct?The following statements have been made about
- 14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.C Co uses material B, which has a current market price of $0·80 per kg. In a linear program
- 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?A
All expenditure out of pe
- 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 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
- Which of the following statements relating to internal and external auditors is correct?18 How should interest charged on partners’ drawings appear in partnership financial statements?25 What should t
- 25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 December 2005?13 Which of the following correctly describes the imprest system for operating petty cash?T
- 17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. It was laterA corporate taxpayer has under-reported its taxable revenue in 2002 and hence underpaid v
- 18 How should interest charged on partners’ drawings appear in partnership financial statements?19 What is the company’s return on shareholders’ equity?10 What would the company’s profit become after
- 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. P13 Which of the following correctly describes the imprest system for operating pet
- 17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. It was laterIs the following statement true or false?Mr Li, a photographer, had his photos published
- 24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 for minorityFaithful representation is a fundamental characteristic of useful information within th
- 10 What would the company’s profit become after the correction of the above errors?The following information is available for a manufacturing company which produces multiple products:18 Which of the f
- 17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. It was laterA company predicted that the learning rate for production of a new product would be 80%.
- 25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 December 2005?Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the followi
- 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
- In 2014 Mr Yuan inherited an estate of RMB2 million from his uncle who had died two months earlier.8 P and Q are in partnership, sharing profits in the ratio 2:1. On 1 July 2004 they admitted P’s son
- 18 Which of the following statements about accounting ratios and their interpretation are correct?24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 f
- 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:17 A business income stat
- Is the following statement true or false?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
- Which of the following statements relating to internal and external auditors is correct?Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the following terms:Is the follo
- 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:18 Which of the following
- 13 Which of the following correctly describes the imprest system for operating petty cash?25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 December 2005?A
