- 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
- 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
- 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
- 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
- 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
- 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
- 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%.
- 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
- 17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. It was laterThe following information is available for a manufacturing company which produces multipl
- 18 How should interest charged on partners’ drawings appear in partnership financial statements?Is the following statement true or false?18 Which of the following statements about accounting ratios an
- Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the following terms:The following statements have been made about life cycle costing:18 Which of the following statement
- 13 Which of the following correctly describes the imprest system for operating petty cash?17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. It was late
- The following information is available for a manufacturing company which produces multiple products:18 How should interest charged on partners’ drawings appear in partnership financial statements?17 A
- 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. P25 What should the minority interest figure be in the group’s consolidated balance
- 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
- 13 Which of the following correctly describes the imprest system for operating petty cash?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 pa
- 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
- 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. PHindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on th
- 18 How should interest charged on partners’ drawings appear in partnership financial statements?Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the following terms:24 W
- 15 Which of the following statements about intangible assets are correct?13 Which of the following correctly describes the imprest system for operating petty cash?Is the following statement true or fa
- 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
- 18 How should interest charged on partners’ drawings appear in partnership financial statements?17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. It wa
- Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the following terms:The following statements have been made about life cycle costing:A corporate taxpayer has under-repo
- 18 How should interest charged on partners’ drawings appear in partnership financial statements?The following statements have been made about life cycle costing:15 Which of the following statements ab
- 14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.25 What should the minority interest figure be in the group’s consolidated balance sheet at
- In 2014 Mr Yuan inherited an estate of RMB2 million from his uncle who had died two months earlier.19 At 30 June 2004 a company’s allowance for receivables was $39,000. At 30 June 2005 trade receivabl
- Is the following statement true or false?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 Lat
- Faithful representation is a fundamental characteristic of useful information within the IASB’s Conceptual framework for financial reporting.The following statements have been made about life cycle co
- 15 Which of the following statements about intangible assets are correct?A company predicted that the learning rate for production of a new product would be 80%. The actual learning rate was 75%. The
- The following statements have been made about life cycle costing:Is the following statement true or false?19 What is the company’s return on shareholders’ equity?(i) It focuses on the short-term by id
- 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?14 Alpha buys goods f
- 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
- 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
- 17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. It was laterHindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the follo
- 19 What is the company’s return on shareholders’ equity?A corporate taxpayer has under-reported its taxable revenue in 2002 and hence underpaid value added tax (VAT) and enterprise income tax (EIT). I
- 24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 for minority14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed
- 25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 December 2005?19 At 30 June 2004 a company’s allowance for receivables was $39,000. At 30 June 2005 trade
- The following information is available for a manufacturing company which produces multiple products:18 Which of the following statements about accounting ratios and their interpretation are correct?Is
