We should consider the said firm quite reliable for () engagement as you mentioned.A、such anB、such asC、such aD、such like

题目

We should consider the said firm quite reliable for () engagement as you mentioned.

  • A、such an
  • B、such as
  • C、such a
  • D、such like
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相似问题和答案

第1题:

(b) Explain the matters you should consider before accepting an engagement to conduct a due diligence review

of MCM. (10 marks)


正确答案:
(b) Matters to be considered (before accepting the engagement)
Tutorial note: Although candidates may approach this part from a rote-learned list of ‘matters to consider’ it is important
that answer points be tailored, in so far as the information given in the scenario permits, to the specifics of Plaza and MCM.
It is critical that answer points should not contradict the scenario (e.g. assuming that it is Plaza’s auditor who has been
asked to undertake the assignment).
■ Information about Duncan Seymour – What is the relationship of the chief finance officer to Plaza (e.g. is he on the
management board)? By what authority is he approaching Andando to undertake this assignment?
■ The purpose of the assignment must be clarified. Duncan’s approach to Andando is ‘to advise on a bid’. However,
Andando cannot make executive decisions for a client but only provide the facts of material interest. Plaza’s
management must decide whether or not to bid and, if so, how much to bid.
■ The scope of the due diligence review. It seems likely that Plaza will be interested in acquiring all of MCM’s business
as its areas of operation coincide with Plaza’s. However it must be confirmed that Plaza is not merely interested in
acquiring only the National or International business of MCM.
■ Andando’s competence and experience – Andando should not accept the engagement unless the firm has experience in
undertaking due diligence assignments. Even then, the firm must have sufficient knowledge of the territories in which
the businesses operate to evaluate whether all facts of material interest to Plaza have been identified.
Tutorial note: Candidates should be querying their competence and experience in the fields of retailing and training
as though they were dealing with highly regulated or specialist industries such as banking or insurance.
■ Whether Andando has sufficient resources (e.g. representative/associated offices), if any, in Europe and Asia to
investigate MCM’s International business.
■ Any factors which might impair Andando’s objectivity in reporting to Plaza the facts uncovered by the due diligence
review. For example, if Duncan is closely connected with a partner in Andando or if Andando is the auditor of Frontiers.
Tutorial note: Candidates will not be awarded marks for going into ‘autopilot’ on independence issues. For example,
this is a one-off assignment so size of fee is not relevant. Andando holding shares in MCM is not possible (since whollyowned).
■ Plaza’s rationale for wishing to acquire MCM. Presumably it is significant that MCM operates in the same territories as
Plaza. Plaza may be wanting to provide extensive training programs in management, communications and marketing
to its workforce.
■ The relationship, if any, between Plaza and MCM in any of the territories. Plaza may be a major client of MCM. That
is, Plaza is currently out-sourcing training to MCM. Acquiring MCM would bring training in-house.
Tutorial note: Ascertaining what a purchaser hopes to gain from an acquisition before the assignment is accepted is
important. The facts to be uncovered for a merger from which synergy is expected will be different from those relevant
to acquiring an investment opportunity.
■ Time available – Andando must have sufficient time to find all facts that would be of material interest to Plaza before
disclosing their findings.
■ The acceptability of any limitations – whether there will be restrictions on Andando’s access to information held by MCM
(e.g. if there will not be access to board minutes) and personnel.
■ The degree of secrecy required – this may go beyond the normal duties of confidentiality not to disclose information to
outsiders (e.g. if unannounced staff redundancies could arise).
■ Why Plaza’s current auditors have not been asked to conduct the due diligence review – especially as they are
responsible for (and therefore capable of undertaking) the group audit covering the relevant countries.
■ Andando should be allowed to communicate with Plaza’s current auditor:
– to inform. them of the nature of the work they have been asked to undertake; and
– to enquire if there is any reason why they should not accept this assignment.
■ In taking on Plaza as a new client Andando may have a later opportunity to offer external audit and other services to
Plaza (e.g. internal audit).

第2题:

-But then we'll have to accept a Board of Directors chosen by our stockholders. Wouldn't that limit us in many ways? -Certainly. But if you consider the massive capital investment that we'll receive, you'll understand that this could take our company ------ .

:A from being a big firm to being one of the medium-tier players ;

B from being a medium-tier firm to being one of the big players ;

C from being a medium-tier firm to being one of the small players


参考答案:B

第3题:

—Morning, Daniel. Today I’d like to discuss the promotional events of our products with you. —()

A.Hi, I agree with what you have just said.

B.Good morning, Kevin. Nice to meet you, too.

C.Ok. I think we should draw up a thorough plan, first.


参考答案:Ok. I think we should draw up a thorough plan, first.

第4题:

The audience was quite disappointed at the film because it wasn't such a good film( ) the advertisement had promised them.

A. which

B. as

C. that

D. like


正确答案:B  

第5题:

As requested, we are pleased to quote you without engagement the ().

A、follows

B、follow

C、following

D、followed


参考答案:C

第6题:

Passage Two

The other day I heard an American say to a Chinese student of English "You speak very good English." But the student answered, "No, no. My English is very poor." The foreigner was quite surprised at the answer. Thinking he had not made himself understood or the student had not heard him clearly, he said, "Yes indeed, you speak English very well." But the Chinese student still kept saying "No". In the end the foreigner gave up and was at a loss what to say. What's wrong with the student's answer? It is because he did not accept a compliment(赞美的话)as the English people do. He should have said "Thank you" instead of "No". He actually understood what the American had said. But he thought he should be modest. If he said "Thank you", that would mean he was too proud. According to the western culture, if someone says the dishes you have cooked are very delicious, you should say "Thank you". If someone says to a Woman "You look so beautiful with the new clothes on", she should be very happy and answer "Thank you". In our country we think being modest is a virtue and showing off a bad thing. But in the west, if you are modest and say "No, I'm afraid I can't do it well", then the others will take it for granted that you really cannot do it. If you often say "No", you will certainly be looked down upon by others. When asking for a job, if one says something like "Let me have a try on the job" instead of "Yes, I can certainly do it," he or she will never expect to get it. So in the west one should always be confident. Without self-confidence, he cannot go anywhere. Confidence is of great importance to one in a country where competition is quite keen.

40. Why was the American surprised at the Chinese student's answer?

A. Because he wondered whether the student could really speak good English.

B. Because he could hardly hear what the student had said.

C. Because he wouldn't like others to say "No".

D. Because the way to accept a compliment in China is not the same as that in the western countries.


正确答案:D

此题为推论题。It is because he did not accept a compliment(赞美的话)as the English people do。通过此句知道中国人接受赞扬的方式与西方人的态度不同,并且可以推论出美国人为什么对中国学生的回答感到惊讶。

第7题:

-Can you tell us why you think this makes good business sense to you? -We've been doing quite well on our own and we could probably survive like this for quite a few more years to come, but if we really want to take it to the next level, ____________.

:A the board of directors needn't take the present economic situation into consideration ;

B it's not necessary for us to develop the company any more ;

C we are going to have to consider finding more investors


参考答案:C

第8题:

Your firm is planning to export carpets to Great Britain. At a recent conference you met William Linton, who is a market analyst working for a British company, British Agents Consultants.

Write a letter to Mr. Linton in 160—200 words, explaining what your firm is planning to do and giving details of what you would like his company to do for you.

You should write 160—200 words neatly on ANSWER SHEET 2.


正确答案:Dear Mr. Linton I am writing to you because I believe your company is in a position to help us plan the export of our carpets to Great Britain. Our company has been making carpets for almost 20 years and we have exported a variety of our top quality products to more than 100 countries in Asia Africa and America. Now we are planning to introduce our carpets into British market. We are enclosing the latest catalogue of our products. As we know little about the supply and demand of carpets in UK I would like your company to conduct a market research on the models of carpets available in UK market the price range all over the country and the competition etc. and finally present us a report based on the research. If you are interested in this project please confirm us as soon as possible and let us know the cost and expenses necessary for this consultancy service. We hope to hear from you soon. Yours sincerely Cathy
Dear Mr. Linton, I am writing to you because I believe your company is in a position to help us plan the export of our carpets to Great Britain. Our company has been making carpets for almost 20 years, and we have exported a variety of our top quality products to more than 100 countries in Asia, Africa and America. Now we are planning to introduce our carpets into British market. We are enclosing the latest catalogue of our products. As we know little about the supply and demand of carpets in UK, I would like your company to conduct a market research on the models of carpets available in UK market, the price range all over the country, and the competition, etc. , and finally present us a report based on the research. If you are interested in this project, please confirm us as soon as possible and let us know the cost and expenses necessary for this consultancy service. We hope to hear from you soon. Yours sincerely, Cathy

第9题:

We should be glad if you would consider our application to () your agency for the sale of your shoes.

A、as

B、act as

C、act like

D、be


参考答案:B

第10题:

We should very much like to help you in this matter, but we have already cut our prices down to the absolute minimum.We think you will find that our competitors are offering a product of considerably lower quality in order to compete at this price.(英译中)


参考答案:我们很乐意帮助你们,但是我们已将价格降到最低限度。你们将会发现:本公司的竞争者是在以大幅度降低产品质量的方式来压低价格的。

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