15 Which of the following statements about intangible assets are correct?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
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
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 minority19 At 30 June 2004 a company’s allowance for r
14 Alpha buys goods from Beta. At 30 June 2005 Beta’s account in Alpha’s records showed $5,700 owing to Beta.10 Which of the following costs should be included in valuing inventories of finished goods
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
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
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
