- 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
- 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
- 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
- The following information is available for a manufacturing company which produces multiple products:19 What is the company’s return on shareholders’ equity?The following statements have been made abou
- 17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. It was later25 What should the minority interest figure be in the group’s consolidated balance sheet
- 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?A
- Is the following statement true or false?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 a
- 19 What is the company’s return on shareholders’ equity?10 What would the company’s profit become after the correction of the above errors?25 What should the minority interest figure be in the group’s
- 18 How should interest charged on partners’ drawings appear in partnership financial statements?18 Which of the following statements about accounting ratios and their interpretation are correct?17 A b
- 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:19 At 30 June 200
- 15 Which of the following statements about intangible assets are correct?25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 December 2005?17 A business inco
- 13 Which of the following correctly describes the imprest system for operating petty cash?C Co uses material B, which has a current market price of $0·80 per kg. In a linear program, where the objecti
- 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. PFaithful representation is a fundamental characteristic of useful information with
- 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
- 18 Which of the following statements about accounting ratios and their interpretation are correct?The following information is available for a manufacturing company which produces multiple products:13
- 10 What would the company’s profit become after the correction of the above errors?A company predicted that the learning rate for production of a new product would be 80%. The actual learning rate was
- 19 What is the company’s return on shareholders’ equity?18 How should interest charged on partners’ drawings appear in partnership financial statements?In 2014 Mr Yuan inherited an estate of RMB2 mill
- 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:Faithful representation i
- 18 Which of the following statements about accounting ratios and their interpretation are correct?17 A business income statement for the year ended 31 December 2004 showed a net profit of $83,600. It
- 19 What is the company’s return on shareholders’ equity?The following statements have been made about life cycle costing:8 P and Q are in partnership, sharing profits in the ratio 2:1. On 1 July 2004
- 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
- The following statements have been made about life cycle costing:Which of the following statements relating to internal and external auditors is correct?18 Which of the following statements about acco
- 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:8 P and Q are in partners
- 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:13 Which of the following
- 14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.C Co uses material B, which has a current market price of $0·80 per kg. In a linear program
- 25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 December 2005?13 Which of the following correctly describes the imprest system for operating petty cash?T
- 18 How should interest charged on partners’ drawings appear in partnership financial statements?19 What is the company’s return on shareholders’ equity?10 What would the company’s profit become after
- 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
- 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:17 A business income stat
- 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
- The following information is available for a manufacturing company which produces multiple products:24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004
- 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
- 25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 December 2005?Mr Li, a photographer, had his photos published in the July 2014 edition of the tourism jou
- 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.Mr Li, a photographer, had his photos published in the July
- Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the following terms:18 How should interest charged on partners’ drawings appear in partnership financial statements?19 W
- 18 Which of the following statements about accounting ratios and their interpretation are correct?8 P and Q are in partnership, sharing profits in the ratio 2:1. On 1 July 2004 they admitted P’s son R
- 19 What is the company’s return on shareholders’ equity?A company predicted that the learning rate for production of a new product would be 80%. The actual learning rate was 75%. The following possibl
- Which of the following statements relating to internal and external auditors is correct?The following statements have been made about life cycle costing:19 What is the company’s return on shareholders
- In 2014 Mr Yuan inherited an estate of RMB2 million from his uncle who had died two months earlier.25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 Decemb
