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[主观题]

As regards social conventions, we must say a word about the English class system. This is

an embarrassing subject for English people, and one they tend to be ashamed of, though during the present century class-consciousness has grown less and less. But it still exists. Broadly speaking, it means there are two classes, the "middle class" and the "working class" (We shall ignore for a moment the old "upper class", since it is extremely small in numbers; but some of its members have the right to sit in the House of Lords, and some newspapers take a surprising interest in their private life.) The middle class consists chiefly of businessmen and professional people of all kinds. The working class consists chiefly of manual and unskilled workers.

The most obvious difference between them is in their accent. Middle-class people use slightly varying kinds of "received pronunciation" which is the kind of English spoken by BBC announcers and taught to overseas pupils. Typical working-class people speak in many different local accents which are generally felt to be rather ugly and uneducated. One of the biggest barriers of social equality in England is the two-class education system. To have been to a so-called "public school" immediately marks you out as one of the middle class. The middle classes tend to live a more formal life. Their midday meal is "lunch" and they have a rather formal evening meal called "dinner", whereas the working man's dinner, if his working hours permit, is at midday, and his smaller, late-evening meal is called supper.

It has been government policy to reduce class distinctions. Working-class students commonly receive a university education and enter the professions, and working-class incomes have grown so much recently. However, regardless of one's social status, certain standards of politeness are expected of everybody, and a well-bred person is polite to everyone he meets, and treats a laborer with the same respect he gives an important businessman. Servility inspires both embarrassment and dislike. Even the word "sir", except in school and in certain occupations (e.g. commerce, the army etc.) sounds too servile to be commonly used.

The "upper class" in England today______.

A.are extremely small in number so that media pays no attention to them

B.still uses old words like "sir" in their everyday life

C.can sits in the House of Lords

D.refers only to the royal family

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更多“As regards social conventions, we must say a word about the English class system. This is”相关的问题

第1题

The following scenario relates to questions 1 to 5.

Herd Co is based in a country whose currency is the dollar ($). The company expects to receive €1,500,000 in six months’ time from Find Co, a foreign customer. The finance director of Herd Co is concerned that the euro (€) may depreciate against the dollar before the foreign customer makes payment and she is looking at hedging the receipt.

Herd Co has in issue loan notes with a total nominal value of $4 million which can be redeemed in 10 years’ time. The interest paid on the loan notes is at a variable rate linked to LIBOR. The finance director of Herd Co believes that interest rates may increase in the near future.

The spot exchange rate is €1·543 per $1. The domestic short-term interest rate is 2% per year, while the foreign short-term interest rate is 5% per year.

What is the six-month forward exchange rate predicted by interest rate parity?

A.€1·499 per $1

B.€1·520 per $1

C.€1·566 per $1

D.€1·588 per $1

As regards the interest rate risk faced by Herd Co, which of the following statements is correct?A.In exchange for a premium, Herd Co could hedge its interest rate risk by buying interest rate options

B.Buying a floor will give Herd Co a hedge against interest rate increases

C.Herd Co can hedge its interest rate risk by buying interest rate futures now in order to sell them at a future date

D.Taking out a variable rate overdraft will allow Herd Co to hedge the interest rate risk through matching

Which of the following hedging methods will NOT be suitable for hedging the euro receipt?A.Forward exchange contract

B.Money market hedge

C.Currency futures

D.Currency swap

Which of the following statements support the finance director’s belief that the euro will depreciate against the dollar?

(1) The dollar inflation rate is greater than the euro inflation rate

(2) The dollar nominal interest rate is less than the euro nominal interest rate

A.1 only

B.2 only

C.Both 1 and 2

D.Neither 1 nor 2

As regards the euro receipt, what is the primary nature of the risk faced by Herd Co?A.Transaction risk

B.Economic risk

C.Translation risk

D.Business risk

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第2题

(c) You have just been advised of management’s intention to publish its yearly marketing r

(c) You have just been advised of management’s intention to publish its yearly marketing report in the annual report

that will contain the financial statements for the year ending 31 December 2005. Extracts from the marketing

report include the following:

‘Shire Oil Co sponsors national school sports championships and the ‘Shire Ward’ at the national teaching

hospital. The company’s vision is to continue its investment in health and safety and the environment.

‘Our health and safety, security and environmental policies are of the highest standard in the energy sector. We

aim to operate under principles of no-harm to people and the environment.

‘Shire Oil Co’s main contribution to sustainable development comes from providing extra energy in a cleaner and

more socially responsible way. This means improving the environmental and social performance of our

operations. Regrettably, five employees lost their lives at work during the year.’

Required:

Suggest performance indicators that could reflect the extent to which Shire Oil Co’s social and environmental

responsibilities are being met, and the evidence that should be available to provide assurance on their

accuracy. (6 marks)

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第3题

You are the audit manager of Chestnut & Co and are reviewing the key issues identified
in the files of two audit clients.

Palm Industries Co (Palm)

Palm’s year end was 31 March 2015 and the draft financial statements show revenue of $28·2 million, receivables of $5·6 million and profit before tax of $4·8 million. The fieldwork stage for this audit has been completed.

A customer of Palm owed an amount of $350,000 at the year end. Testing of receivables in April highlighted that no amounts had been paid to Palm from this customer as they were disputing the quality of certain goods received from Palm. The finance director is confident the issue will be resolved and no allowance for receivables was made with regards to this balance.

Ash Trading Co (Ash)

Ash is a new client of Chestnut & Co, its year end was 31 January 2015 and the firm was only appointed auditors in February 2015, as the previous auditors were suddenly unable to undertake the audit. The fieldwork stage for this audit is currently ongoing.

The inventory count at Ash’s warehouse was undertaken on 31 January 2015 and was overseen by the company’s internal audit department. Neither Chestnut & Co nor the previous auditors attended the count. Detailed inventory records were maintained but it was not possible to undertake another full inventory count subsequent to the year end.

The draft financial statements show a profit before tax of $2·4 million, revenue of $10·1 million and inventory of $510,000.

Required:

For each of the two issues:

(i) Discuss the issue, including an assessment of whether it is material;

(ii) Recommend ONE procedure the audit team should undertake to try to resolve the issue; and

(iii) Describe the impact on the audit report if the issue remains UNRESOLVED.

Notes:

1 The total marks will be split equally between each of the two issues.

2 Audit report extracts are NOT required.

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第4题

You are an audit supervisor of Pluto & Co and are currently planning the audit of your
client, Venus Magnets Co (Venus) which manufactures decorative magnets. Its year end is 31 December 2015 and the forecast profit before tax is $9·6 million.

During the year, the directors reviewed the useful lives and depreciation rates of all classes of plant and machinery. This resulted in an overall increase in the asset lives and a reduction in the depreciation charge for the year.

Inventory is held in five warehouses and on 28 and 29 December a full inventory count will be held with adjustments for movements to the year end. This is due to a lack of available staff on 31 December. In October, there was a fire in one of the warehouses; inventory of $0·9 million was damaged and this has been written down to its scrap value of $0·2 million. An insurance claim has been submitted for the difference of $0·7 million. Venus is still waiting to hear from the insurance company with regards to this claim, but has included the insurance proceeds within the statement of profit or loss and the statement of financial position.

The finance director has informed the audit manager that the October and November bank reconciliations each contained unreconciled differences; however, he considers the overall differences involved to be immaterial.

A directors’ bonus scheme was introduced during the year which is based on achieving a target profit before tax. In order to finalise the bonus figures, the finance director of Venus would like the audit to commence earlier so that the final results are available earlier this year.

Required:

Describe FIVE audit risks, and explain the auditor’s response to each risk, in planning the audit of Venus Magnets Co.

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第5题

__________ myself,I can only say that I don’t know.

A.Regards as

B.As regards

C.Regards to

D.To regards

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第6题

Best regards can be seen at the end of each letter.译文:每封信结尾可以看到问候语.()

此题为判断题(对,错)。

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第7题

When Tom was about to speak,his father looked at him,__________ to stop him.

A.as regards

B.as to

C.as for

D.as if

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第8题

The cognitive method regards students as the center of the teaching process, and the c
lasses must center around the students’ drills.()

此题为判断题(对,错)。

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第9题

Mr. Cody: I was very sorry to hear about your father's illness, please give my reg
ards to him.

Ms. Cobb: Thank you. __________

A. He would be happy to meet you.

B. He had a very bad cold.

C. I'll talk to him.

D. I appreciate your concern.

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第10题

You are Master of a vessel that is sold in a foreign country after discharge of cargo. Wha
t is your responsibility to the crew in regards to return to the United States?

A.You must provide air transportation to the nearest port of entry in the United States

B.You must provide passage to the port of original engagement

C.There is no requirement for return to the United States provided the voyage has exceeded 4 weeks duration

D.The crew can be employed on another United States vessel,but only if it is returning to the port of original engagement

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第11题

(b) Ambush loaned $200,000 to Bromwich on 1 December 2003. The effective and stated intere

(b) Ambush loaned $200,000 to Bromwich on 1 December 2003. The effective and stated interest rate for this

loan was 8 per cent. Interest is payable by Bromwich at the end of each year and the loan is repayable on

30 November 2007. At 30 November 2005, the directors of Ambush have heard that Bromwich is in financial

difficulties and is undergoing a financial reorganisation. The directors feel that it is likely that they will only

receive $100,000 on 30 November 2007 and no future interest payment. Interest for the year ended

30 November 2005 had been received. The financial year end of Ambush is 30 November 2005.

Required:

(i) Outline the requirements of IAS 39 as regards the impairment of financial assets. (6 marks)

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