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[主观题]

Near the end of a five-day tour of highly automated, high-tech Japanese factories, the Ame

rican visitor was overwhelmed and feeling a little inferior. Watching a string of gleaming stereo sets move down an assembly line, he turned to the plant manager and said, "Gosh, even your industrial design is better than ours.

"Ah, yes," replied the manager, "but America has treasures that Japan can never hope to possess."

"You mean our mineral wealth and bountiful farms?

"Ah, no. I was referring to Caltech and MIT."

America's scientific institutions--its technological universities and government laboratories--are the en vy of the world , producing ideas, devices and medicines that have made the U.S. prosperous, improved the lives of people around the globe and profoundly affected their perception of the world and the universe. This tremendous creativity is reflected in tile technical reports that are published in scientific journals throughout the world. Fully 35 % of them come from scientists doing their research at American institutions.

Yet American dominance can no longer be taken for granted. Many recent U. S. achievements and a wards stem in large measure from generous research grants of the past, and any weakening of government and industry commitment to support of basic research could in the next few decades cost the nation its scientific leadership. Some slipping is already divalent. In high-energy physics, where Americans once reigned supreme, Western Europe now spends roughly twice as much money as the U. S. Result. the major high-energy physics discoveries of tile past few years have been made not by Americans but by Europeans.

Even so, money alone cannot guarantee scientific supremacy. Freedom of inquiry, an intellectually stimulating environment and continuous recruitment of the best minds must accompany it. That combination has been achieved in many U.S. institutions--educational, governmental and industrial--but perhaps no where more successfully than at the National Institutes of Health, Bell Laboratories and Caltech.

America's technological universities and government laboratories are generally ______.

A.loved by scientists in other parts of the world

B.disliked by scientists in other parts of the world

C.admired by scientists in other parts of the world

D.jealous of scientists in other parts of the world

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更多“Near the end of a five-day tour of highly automated, high-tech Japanese factories, the Ame”相关的问题

第1题

In a review of its provisions for the year ended 31 March 2015, Cumla’s assistant accounta
nt has suggested the following accounting treatments:

(i) Making a provision for a constructive obligation of $400,000; this being the sales value of goods expected to be returned by retail customers after the year end under the company’s advertised 30-day returns policy

(ii) Based on past experience, a $200,000 provision for unforeseen liabilities arising after the year end

(iii) The partial reversal (as a credit to the statement of profit or loss) of the accumulated depreciation provision on an item of plant because the estimate of its remaining useful life has been increased by three years

(iv) Providing $1 million for deferred tax at 25% relating to a $4 million revaluation of property during March 2015 even though Cumla has no intention of selling the property in the near future

Which of the above suggested treatments of provisions is/are permitted by IFRS?

A.(i) only

B.(i) and (ii)

C.(ii) and (iii)

D.(iv)

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第2题

Introduction and client backgroundYou are an audit senior in Staple and Co and you are com

Introduction and client background

You are an audit senior in Staple and Co and you are commencing the planning of the audit of Smoothbrush Paints Co for the year ending 31 August 2010.

Smoothbrush Paints Co is a paint manufacturer and has been trading for over 50 years, it operates from one central site, which includes the production facility, warehouse and administration ffices.

Smoothbrush sells all of its goods to large home improvement stores, with 60% being to one large chain store Homewares. The company has a one year contract to be the sole supplier of paint to Homewares. It secured the contract through signifi cantly reducing prices and offering a four-month credit period, the company’s normal credit period is one month.

Goods in/purchases

In recent years, Smoothbrush has reduced the level of goods directly manufactured and instead started to import paint from South Asia. Approximately 60% is imported and 40% manufactured. Within the production facility is a large amount of old plant and equipment that is now redundant and has minimal scrap value. Purchase orders for overseas paint are made six months in advance and goods can be in transit for up to two months. Smoothbrush accounts for the inventory when it receives the goods.

To avoid the disruption of a year end inventory count, Smoothbrush has this year introduced a continuous/perpetual inventory counting system. The warehouse has been divided into 12 areas and these are each to be counted once over the year. The counting team includes a member of the internal audit department and a warehouse staff member. The following procedures have been adopted;

1. The team prints the inventory quantities and descriptions from the system and these records are then compared to the inventory physically present.

2. Any discrepancies in relation to quantities are noted on the inventory sheets, including any items not listed on the sheets but present in the warehouse area.

3. Any damaged or old items are noted and they are removed from the inventory sheets.

4. The sheets are then passed to the fi nance department for adjustments to be made to the records when the count has fi nished.

5. During the counts there will continue to be inventory movements with goods arriving and leaving the warehouse.

At the year end it is proposed that the inventory will be based on the underlying records. Traditionally Smoothbrush has maintained an inventory provision based on 1% of the inventory value, but management feels that as inventory is being reviewed more regularly it no longer needs this provision.

Finance Director

In May 2010 Smoothbrush had a dispute with its fi nance director (FD) and he immediately left the company. The company has temporarily asked the fi nancial controller to take over the role while they recruit a permanent replacement. The old FD has notifi ed Smoothbrush that he intends to sue for unfair dismissal. The company is not proposing to make any provision or disclosures for this, as they are confi dent the claim has no merit.

Required:

(a) Identify and explain the audit risks identifi ed at the planning stage of the audit of Smoothbrush Paints Co. (10 marks)

(b) Discuss the importance of assessing risks at the planning stage of an audit. (4 marks)

(c) List and explain suitable controls that should operate over the continuous/perpetual inventory counting system, to ensure the completeness and accuracy of the existing inventory records at Smoothbrush Paints Co. (10 marks)

(d) Describe THREE substantive procedures the auditor of Smoothbrush Paints Co should perform. at the year end in confi rming each of the following:

(i) The valuation of inventory; (3 marks)

(ii) The completeness of provisions or contingent liabilities. (3 marks)

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第3题

In January 2010 Ami took over an old warehouse with the intention of opening an art galler
y. As the warehouse had to be converted, Ami entered into two contracts, one with Bry to do all the necessary plastering and one with Cis, who was to do all the necessary painting. Both Bry and Cis were to be paid £5,000. Both received initial payments of £1,000 and agreed to have the work completed on 31 March, as the art gallery had to be ready for its fi rst exhibition on 1 May.

At the end of February, Bry told Ami that he would not complete the plastering in time unless she agreed to increase his payment by a further £1,000. Ami agreed to pay the increased sum in order to ensure that the job was done on time. She then thought it was only fair that she should increase the amount of money promised to Cis by the same amount.

However, on completion of the work on time Ami refused to make either of the additional payments to Bry or Cis, beyond the original contractual price.

Required:

Advise Bry and Cis whether they have any rights in law to enforce Ami’s promise to pay them an extra £1,000.

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第4题

When Bill de Blasio ran for New York City mayor last year, he promised to end a controversial (有争议的), citywide cell-phone ban(禁令)in public schools

When Bill de Blasio ran for New York City mayor last year, he promised to end a controversial (有争议的), citywide cell-phone ban(禁令)in public schools, which is not equally enforced in all schools. Now, under his leadership, the city is preparing to end the ban. It will be replaced by a policy that allows phones inside schools but tells students to keep them packed away during class.

Many schools have a rule about enforcing the ban that says, “If we don't see it, we don't know about it.” That means teachers are OK with students bringing in cell phones, as long as they stay out of sight and inside bags and pockets.

But at the 88 city schools with metal detectors, die ban has been strictly enforced. The detectors were installed to keep weapon out of schools,but the scanners(扫描器)can also detect cell phones. So students at these schools must leave their phones at home or pay someone to store it for them.

The ban was put into place in 2007 under mayor Michael Bloomberg. Ending the ban will also likely end an industry that has sprung up near dozens of the schools that enforce the ban. Workers in vans(厢式货车)that resemble food tracks store teens' cell phones and Other devices for a dollar a day,

Critics of the ban say cell phones are important safety devices for kids during an emergency. They also say that enforcement of the ban is uneven and discriminatory. Where the ban is enforced, it puts a disadvantage on students who can't afford to pay to store their phones.

Before putting an official end to the cell-phone ban, city education officials are working on creating a new policy. It will include rules about not using the phones during class or to cheat on tests.

1. Which of the following is the main idea of the passage?

A. New York City will give financial aid to poor students.

B. New York City plans to restrict cell phone use in libraries.

C. New York City plans to install metal detectors in all public schools.

D. New York City will soon end a ban on cell phones in schools.

2. Students pay___________ a day to leave their cell phones in a van parked near their school.

A. a dollar

B. two dollars

C. five dollars

D. ten dollars

3. Metal detectors were installed in 88 city schools, mainly to keep ___________ out of schools.

A. cell phones

B. weapons

C. alcohol

D. drugs

4. The word discriminatory in Paragraph 5 probably means ___________.

A. necessary

B. tough

C. strict

D. unfair

5. According to the passage, which of the following statements is TRUE?

A. After the cell-phone ban is ended, students can use their phones during class.

B. The cell-phone ban is equally enforced in all public schools.

C. The cell-phone ban was put into place in 2008 under Mayor Bill de Blasio.

D. A phone-storage industry has appeared outside the 88 metal-detector campuses.

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第5题

Manco has been experiencing substantial losses at its furniture making operation which is
treated as a separate operating segment. The company’s year end is 30 September. At a meeting on 1 July 2010 the directors decided to close down the furniture making operation on 31 January 2011 and then dispose of its non-current assets on a piecemeal basis. Affected employees and customers were informed of the decision and a press announcement was made immediately after the meeting. The directors have obtained the following information in relation to the closure of the operation:

(i) On 1 July 2010, the factory had a carrying amount of $3·6 million and is expected to be sold for net proceeds of $5 million. On the same date the plant had a carrying amount of $2·8 million, but it is anticipated that it will only realise net proceeds of $500,000.

(ii) Of the employees affected by the closure, the majority will be made redundant at cost of $750,000, the remainder will be retrained at a cost of $200,000 and given work in one of the company’s other operations.

(iii) Trading losses from 1 July to 30 September 2010 are expected to be $600,000 and from this date to the closure on 31 January 2011 a further $1 million of trading losses are expected.

Required:

Explain how the decision to close the furniture making operation should be treated in Manco’s fi nancial statements for the years ending 30 September 2010 and 2011. Your answer should quantify the amounts involved.

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第6题

Judy Sodhi is in her fi rst teaching year at the National College, a private college offer
ing short courses in accounting, auditing and management. In her fi rst year Judy has primarily taught the Certifi cate in Managerial Finance. This is a three-day short course which ends in an externally set examination, marked and invigilated by staff employed by the Institute of Managerial Finance (IMF). The IMF also defi nes the syllabus, the length of the course and accredits colleges to run the course. There are no pre-conditions for candidates who wish to attend the course. Last year Judy ran the course 20 times with an average of nine students on each running of the course. At the end of each course every student has to complete a post-course evaluation questionnaire. Judy does not see these questionnaires and has received no feedback about her performance.

As the college is a virtual organisation using serviced training rooms, Judy rarely sees her manager Blake Jones. However, he contacted her recently to suggest that they should conduct her fi rst appraisal and a date and time was agreed. Blake explained that ‘it would be just a general chat looking at how the year had gone. We need to do one to satisfy the college and the IMF’. The time of the appraisal was set for 3.00 pm, fi nishing at 5.00 pm.

The appraisal did start with a general discussion. Blake outlined the plans of the organisation and his own promotion hopes. Judy was surprised to see that Blake was not following any standard list of questions or noting down any of the answers she made. She told him that one of her main problems was the numeracy level of some of the candidates. She recognised that the course had no pre-conditions, ‘but it does require some basic mathematical skills that some of our candidates just do not have’.

After listening to Judy for a while Blake produced a statistical summary of the feedback questionnaires from the courses she had run in the last year. He said that the organisation expected its lecturers to attain an acceptable result in all 10 questions given in the post-course questionnaire. An acceptable result ‘is that 90% of all candidates said that they were ‘satisfi ed or very satisfi ed’ with key aspects of the course’. Judy had achieved this on seven of the questions but specifi cally failed on the following performance measures;

– Percentage of candidates who felt that the course was relevant to their current job – only 65% of your candidates felt that the course was relevant to their current job.

– Percentage of candidates who passed the examination – only 88?88% of your candidates passed the examination.

– Percentage of candidates who felt that the course pace was satisfactory – only 75% of your candidates felt that the pace of the course was satisfactory.

After expressing her surprise that she had not been given this information before, she immediately returned to the problem of numeracy skills. ‘As I told you’ she said ‘some of these students lack the mathematical skills to pass. That’s not my fault, it is yours – you should not have let them on the course in the fi rst place. You are just fi lling the places to make money’.

After a heated discussion, Blake then turned to the ‘last thing on my agenda’. He explained that it was only college policy to give pay increases to lecturers who had achieved 90% in all 10 questions, so there would be no increase for Judy next year. However, he also needed to discuss her workload for next year. He produced a spreadsheet and had just begun to discuss course planning and locations in great detail when his mobile phone rang. ‘I am sorry, Judy, I have to collect the children from school – I must go. I will write down your planned course assignments and e-mail them to you. I think that was a very useful discussion. Overall we are very happy with you. See you at the end-of-year party, and of course at next year’s appraisal.’ He left at 4.30 pm.

Required:

(a) Based on Judy’s appraisal, evaluate the appropriateness of the appraisal process and performance measures at the National College, from both an employee and an organisational perspective. (15 marks)

(b) Explain the concept and purpose of competency frameworks for organisations, assessing their potential use at the National College and the Institute of Managerial Finance. (10 marks)

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第7题

DeepinsideamountainnearSweetwaterinEast.TennesseeisabodyofwaterknownastheLostSea.Itisliste

Deep inside a mountain near Sweetwater in East. Tennessee is a body of water known as the Lost Sea. It is listed

by the Guinness Book of Would Records as the world’s largest underground lake. The Lost Sea is part of an

extensive and historic cave system called Craighead Caverns.

The caverns have been known and used since the days of the Cherokee Indian nation. The cave expands into

a series of huge rooms from a small opening on the side of the mountain. Approximately one mile from the

entrance, in a room called “The Council Room,” many Indian artisfacts have been found. Some of the items

discovered include pottery, arrowheads, weapons, and jewelry.

For many years there were persistent rumors of a large underground lake somewhere in a cave, but it was not

discovered until 1905. In that year, a thirteen-year-old boy named Ben Sands crawled through a small opening

three hundred feet underground. He found himself

in a large cave half filled with water.

Today tourists visit the Lost Sea and ride far out onto it in glass-bottomed boats powered by electric motors.

More than thirteen acres of water have been mapped out so far

and still no end to the lake has been found. Even though teams of divers have tried to explore the Lost Sea,

the full extent of it is still unknown.

The Lost Sea is unique because it is ________.

A. part of a historical cave system

B. the biggest underground lake in the world

C. listed in the Guinness Book of World Records

D. the largest body of water in Tennessee

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第8题

航次租船下,租船人和船东装卸费用分担条款有FIO,FIOST,FI,FO,LINERTERM,FI/LO。()
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第9题

FI/LO由租船人付装船费。()
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第10题

FI支柱关注于工厂战略指标项的()

A.质量

B.效率

C.士气

D.成本

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第11题

FI支柱改善八字循环法包括()和()两个环

A.维持

B.坚持

C.改善

D.改革

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