Our annual sales revenue has()since we began international trade.
第1题:
(ii) The sales director has suggested to Damian, that to encourage the salesmen to accept the new arrangement,
the company should increase the value of the accessories of their own choice that can be fitted to the low
emission cars.
State, giving reasons, whether or not Damian should implement the sales director’s suggestion.
(2 marks)
第2题:
We can learn from the fourth paragraph that
[A] a substantial cut in annual revenue is called for.
[ B] defense and social welfare programs should undergo cuts.
[ C] we should leave intact programs for bettering people's living.
[D] we should exercise less control over monetary policy.
第3题:
A、I’d like you to meet Joe Stevens. He’s our sales team head.?
B、Please allow me to introduce my colleague to you. She is the Purchasing Manager.
C、It’s a pleasure to meet you, Ben. So you’re the one responsible for those outstanding sales figures I’ve seen.
第4题:
A、Annual income
B、operation profit
C、return on sales
D、net profit
第5题:
The above chart shows individual income tax in China. The tax free threshold is 3,500 RMB per month. The tax rates are divided into 7 brackets. The lowest rate is 3% for income between 3,501 and 5,000, while the highest rate is 45% for income over 80,000. Therefore, the higher our income is, the more tax we should pay. Tax, which can be used in public services such as education, road construction, public health and so on, is very important to our country. As we all know, tax makes up a great part of our country’s revenue, and the development of our country depends on it. From what has been discussed above, we can see that it is everyone’s legal duty to pay tax because taxes contribute to the country and create benefits for everyone. Those who try to evade taxation are sure to be punished. In short, paying tax is our responsibility to society.Decide if each of the following statements is TRUE (T) or FALSE (F).
1. The purpose of the passage is to help people know the tips how to pay less tax.()
2. According to the chart, if a person’s monthly is 3600 yuan, he doesn’t need to pay tax.()
3. How much income tax a person pays each month depends on how much his/her income is.()
4. The underlined word “evade” in the last paragraph means increase.()
5. Personal income taxes are included in a government’s revenue.()
第6题:
(b) You are an audit manager with specific responsibility for reviewing other information in documents containing
audited financial statements before your firm’s auditor’s report is signed. The financial statements of Hegas, a
privately-owned civil engineering company, show total assets of $120 million, revenue of $261 million, and profit
before tax of $9·2 million for the year ended 31 March 2005. Your review of the Annual Report has revealed
the following:
(i) The statement of changes in equity includes $4·5 million under a separate heading of ‘miscellaneous item’
which is described as ‘other difference not recognized in income’. There is no further reference to this
amount or ‘other difference’ elsewhere in the financial statements. However, the Management Report, which
is required by statute, is not audited. It discloses that ‘changes in shareholders’ equity not recognized in
income includes $4·5 million arising on the revaluation of investment properties’.
The notes to the financial statements state that the company has implemented IAS 40 ‘Investment Property’
for the first time in the year to 31 March 2005 and also that ‘the adoption of this standard did not have a
significant impact on Hegas’s financial position or its results of operations during 2005’.
(ii) The chairman’s statement asserts ‘Hegas has now achieved a position as one of the world’s largest
generators of hydro-electricity, with a dedicated commitment to accountable ethical professionalism’. Audit
working papers show that 14% of revenue was derived from hydro-electricity (2004: 12%). Publicly
available information shows that there are seven international suppliers of hydro-electricity in Africa alone,
which are all at least three times the size of Hegas in terms of both annual turnover and population supplied.
Required:
Identify and comment on the implications of the above matters for the auditor’s report on the financial
statements of Hegas for the year ended 31 March 2005. (10 marks)
第7题:
A. Thank you very much about it.
B. It doesn’t matter too much.
C. It’s true. I’m sorry about that.
第8题:
(iii) Tyre has entered into two new long lease property agreements for two major retail outlets. Annual rentals are paid
under these agreements. Tyre has had to pay a premium to enter into these agreements because of the outlets’
location. Tyre feels that the premiums paid are justifiable because of the increase in revenue that will occur
because of the outlets’ location. Tyre has analysed the leases and has decided that one is a finance lease and
one is an operating lease but the company is unsure as to how to treat this premium. (5 marks)
Required:
Advise the directors of Tyre on how to treat the above items in the financial statements for the year ended
31 May 2006.
(The mark allocation is shown against each of the above items)
第9题:
TV’s Influence On Our Daily Life
1)TV not only presents us a wonderful world, but also brings some changes to our daily life.
2)It is true that TV has the value of giving complete relaxation
3)Now we can see that TV has caused enormous problems along with its benefits.
第10题:
We are already represented by our sole agent in your city for the ()of our Enamelware.
A、sell
B、sale
C、selling
D、sales