In 2014 Mr Yuan inherited an estate of RMB2 million from his uncle who had died two months earlier.The following information is available for a manufacturing company which produces multiple products:8
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
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
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?19 At 30 June 2004 a c
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
14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.2 Which of the following are correct?17 A business income statement for the year ended 31 D
25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 December 2005?In 2014 Mr Yuan inherited an estate of RMB2 million from his uncle who had died two months
The following statements have been made about life cycle costing:17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. It was laterfound that $18,000 paid
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%.
The following statements have been made about life cycle costing:24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 for minorityinterest?(i) It focuse
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 partners’ drawings appear in partnership financial statements?What
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
11 Which of the following statements are correct?13 Which of the following correctly describes the imprest system for operating petty cash?15 Which of the following statements about intangible assets
