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
Which of the following statements relating to internal and external auditors is correct?C Co uses material B, which has a current market price of $0·80 per kg. In a linear program, where the objective
13 Which of the following correctly describes the imprest system for operating petty cash?Is the following statement true or false?19 At 30 June 2004 a company’s allowance for receivables was $39,000.
5 Which of the following events after the balance sheet date would normally qualify as adjusting events according10 Which of the following factors would cause a company’s gearing ratio to fall?22 Whic
12 Which of the following statements are correct?24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 for minorityThe following information is available
20 IAS 2 Inventories defines the extent to which overheads are included in the cost of inventories of finished goods.18 How should interest charged on partners’ drawings appear in partnership financia
13 Which of the following correctly describes the imprest system for operating petty cash?14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.1
The following statements have been made about life cycle costing: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,
Is the following statement true or false?24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 for minority13 Which of the following correctly describes
Faithful representation is a fundamental characteristic of useful information within the IASB’s Conceptual framework for financial reporting.24 What figure should appear in the consolidated balance sh
18 How should interest charged on partners’ drawings appear in partnership financial statements?13 Which of the following correctly describes the imprest system for operating petty cash?18 Which of th
17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. It was laterIn 2014 Mr Yuan inherited an estate of RMB2 million from his uncle who had died two month
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
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:A
