- 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:Which of the following st
- 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
- The following statements have been made about life cycle costing:18 Which of the following statements about accounting ratios and their interpretation are correct?1 A low-geared company is more able t
- 14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.15 Which of the following statements about intangible assets are correct?18 Which of the fo
- 10 What would the company’s profit become after the correction of the above errors?15 Which of the following statements about intangible assets are correct?Faithful representation is a fundamental cha
- 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?Faithful representation is a
- 13 Which of the following correctly describes the imprest system for operating petty cash?Mr Li, a photographer, had his photos published in the July 2014 edition of the tourism journal. The total fee
- 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
- The following statements have been made about life cycle costing:15 Which of the following statements about intangible assets are correct?1 If certain criteria are met, research expenditure must be re
- 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
- 10 What would the company’s profit become after the correction of the above errors?Mr Li, a photographer, had his photos published in the July 2014 edition of the tourism journal. The total fee was RM
- 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
- 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
- Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the following terms:A corporate taxpayer has under-reported its taxable revenue in 2002 and hence underpaid value added
- 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:The following statements
- Faithful representation is a fundamental characteristic of useful information within the IASB’s Conceptual framework for financial reporting.13 Which of the following correctly describes the imprest s
- 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.18 How should interest charged on pa
- 18 How should interest charged on partners’ drawings appear in partnership financial statements?10 What would the company’s profit become after the correction of the above errors?A company predicted t
- Faithful representation is a fundamental characteristic of useful information within the IASB’s Conceptual framework for financial reporting.In 2014 Mr Yuan inherited an estate of RMB2 million from hi
- 10 What would the company’s profit become after the correction of the above errors?19 At 30 June 2004 a company’s allowance for receivables was $39,000. At 30 June 2005 trade receivables totalled $517
- 19 What is the company’s return on shareholders’ equity?24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 for minorityIs the following statement true
- The following statements have been made about life cycle costing:18 Which of the following statements about accounting ratios and their interpretation are correct?1 A low-geared company is more able t
- 18 Which of the following statements about accounting ratios and their interpretation are correct?C Co uses material B, which has a current market price of $0·80 per kg. In a linear program, where the
- Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the following terms:25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 Decem
- 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
- 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
- 25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 December 2005?18 Which of the following statements about accounting ratios and their interpretation are c
- 19 What is the company’s return on shareholders’ equity?15 Which of the following statements about intangible assets are correct?1 If certain criteria are met, research expenditure must be recognised
- 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
- Faithful representation is a fundamental characteristic of useful information within the IASB’s Conceptual framework for financial reporting.In 2014 Mr Yuan inherited an estate of RMB2 million from hi
- Faithful representation is a fundamental characteristic of useful information within the IASB’s Conceptual framework for financial reporting.8 P and Q are in partnership, sharing profits in the ratio
- 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%.
- 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. P19 What is the company’s return on shareholders’ equity?14 Alpha buys goods from B
- 24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 for minority25 What should the minority interest figure be in the group’s consolidated balance shee
- 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
- 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. P19 At 30 June 2004 a company’s allowance for receivables was $39,000. At 30 June 2
- 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:The following sta
- 18 Which of the following statements about accounting ratios and their interpretation are correct?C Co uses material B, which has a current market price of $0·80 per kg. In a linear program, where the
- 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
