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
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
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
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
16 Which of the following events between the balance sheet date and the date the financial statements are21 Which of the following statements about contingent assets and contingent liabilities are cor
18 How should interest charged on partners’ drawings appear in partnership financial statements?15 Which of the following statements about intangible assets are correct?19 What is the company’s return
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
17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. It was later14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $
14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.10 What would the company’s profit become after the correction of the above errors?A compan
18 How should interest charged on partners’ drawings appear in partnership financial statements?15 Which of the following statements about intangible assets are correct?Is the following statement true
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:1
Which of the following statements relating to internal and external auditors is correct?25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 December 2005?18
