问题:Cherry Blossom Co (Cherry) manufactures custom made furniture and its year end is 30 April ...
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问题:2 The activities of an organisation have to be managed and co-ordinated to ensure that its objectives are met. The organisation’s structure is designed to support this.Required:(a) What is meant by the term ‘organisational structure,’ often shown as an or...
问题:You are the audit supervisor of Maple Co and are currently planning the audit of an existing client, Sycamore Science Co (Sycamore), whose year end was 30 April 2015. Sycamore is a pharmaceutical company, which manufactures and supplies a wide range of m...
问题:Faithful representation is a fundamental characteristic of useful information within the I ...
问题:(c) The inheritance tax payable by Adam in respect of the gift from his aunt. (4 marks)Additional marks will be awarded for the appropriateness of the format and presentation of the memorandum andthe effectiveness with which the information is communicate...
问题:(ii) Discuss TWO problems that may be faced in implementing quality control procedures in ...
问题:Hindberg is a car retailer. On 1 April 2014, Hindberg sold a car to Latterly on the follow ...
问题:(c) (i) Explain the capital gains tax (CGT) implications of a takeover where the consideration is in the form. ofshares (a ‘paper for paper’ transaction) stating any conditions that need to be satisfied. (4 marks)...
问题: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 with committing an act of tax evasion in 2002.Which of th...
问题: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 in June 2014 and the balance of RMB2,000 in August 2014...
问题: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:(i) The number of new employees recruited was lower than expected(ii) Unexpected...
问题:(d) Wader has decided to close one of its overseas branches. A board meeting was held on 30 April 2007 when adetailed formal plan was presented to the board. The plan was formalised and accepted at that meeting. Letterswere sent out to customers, supplier...
问题:(b) Describe the content of a reference. (5 marks) ...
问题:Moonstar Co is a property development company which is planning to undertake a $200 million commercial property development. Moonstar Co has had some difficulties over the last few years, with some developments not generating the expected returns and the ...
问题:There has been significant divergence in practice over recognition of revenue mainly because International Financial Reporting Standards (IFRS) have contained limited guidance in certain areas. The International Accounting Standards Board (IASB) as a resu...
问题:(c) Briefly outline the corporation tax (CT) issues that Tay Limited should consider when ...
问题:Is the following statement true or false?A significant change in the ownership of an existing audit client is a factor which makes it appropriate for the auditor to review the terms of engagement.A.TrueB.False...
问题:(b) Ratio analysis in general can be useful in comparing the performance of two companies, but it has its limitations.Required:State and briefly explain three factors which can cause accounting ratios to be misleading when used forsuch comparison. (6 mark...
问题:3 Organisations need to recruit new employees. An important step in the process is the selection interview.Required:(a) Explain the purpose of the selection interview. (4 marks)...