- 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
- 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 information
- 24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 for minority17 A business income statement for the year ended 31 December 2004 showed a net profit
- 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
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15 Which of the following statements about intangible assets are correct?Is the following statement true or false?10 What would the company’s profit become after the correction of the above errors?19
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Which of the following statements relating to internal and external auditors is correct?A corporate taxpayer has under-reported its taxable revenue in 2002 and hence underpaid value added tax (VAT) an
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25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 December 2005?Is the following statement true or false?The following statements have been made about life
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25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 December 2005?14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,
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14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.8 P and Q are in partnership, sharing profits in the ratio 2:1. On 1 July 2004 they admitte
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18 Which of the following statements about accounting ratios and their interpretation are correct?Mr Li, a photographer, had his photos published in the July 2014 edition of the tourism journal. The t
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Which of the following statements relating to internal and external auditors is 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 as a part
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14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.The following statements have been made about life cycle costing:Faithful representation is
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19 What is the company’s return on shareholders’ equity?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 a
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25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 December 2005?10 What would the company’s profit become after the correction of the above errors?18 Which
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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
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18 How should interest charged on partners’ drawings appear in partnership financial statements?14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to
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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
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The following information is available for a manufacturing company which produces multiple products:Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the following terms:
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13 Which of the following correctly describes the imprest system for operating petty cash?18 Which of the following statements about accounting ratios and their interpretation are correct?Hindberg is
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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
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Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the following terms:14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing
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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
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The following information is available for a manufacturing company which produces multiple products:13 Which of the following correctly describes the imprest system for operating petty cash?19 At 30 J
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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
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Which of the following statements relating to internal and external auditors is correct?14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.The
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13 Which of the following correctly describes the imprest system for operating petty cash?25 What should the minority interest figure be in the group’s consolidated balance sheet at 31 December 2005?W
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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
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14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.In 2014 Mr Yuan inherited an estate of RMB2 million from his uncle who had died two months
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19 What is the company’s return on shareholders’ equity?Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the following terms:Which of the following statements relating t
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18 How should interest charged on partners’ drawings appear in partnership financial statements?24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 for
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Is the following statement true or false?In 2014 Mr Yuan inherited an estate of RMB2 million from his uncle who had died two months earlier.17 A business income statement for the year ended 31 Decembe
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10 What would the company’s profit become after the correction of the above errors?24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 for minority25 W
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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
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19 What is the company’s return on shareholders’ equity?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 a
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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.I
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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
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24 What figure should appear in the consolidated balance sheet of the J group as at 31 December 2004 for minority8 P and Q are in partnership, sharing profits in the ratio 2:1. On 1 July 2004 they adm
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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
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19 What is the company’s return on shareholders’ equity?In 2014 Mr Yuan inherited an estate of RMB2 million from his uncle who had died two months earlier.15 Which of the following statements about in
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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