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Is the following statement true or false regarding the retention of working papers? ACCA recommends that working papers should be retained for a minimum period of five years.

提问人:网友rataly07 发布时间:2022-01-07
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第1题
AB & Co audits DEF Co. In accordance with ACCA Code of Ethics and Conduct which two of the following circumstances would constitute a threat to objectivity? (1) An employee of AB & Co owns shares in DEF Co but is not part of the audit team (2) The best friend of the engagement partner owns a significant indirect financial interest in DEF Co (3) The audit manager of DEF Co owns a small number of shares in DEF Co (4) The husband of the audit partner owns shares in DEF Co

A、A. (1) and (2)

B、B. (1) and (4)

C、C. (2) and (3)

D、D. (3) and (4)

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第2题
Mr MacCallan read Franco' s financial statement. The assets include a lot of prime realestate. The land alone is worth £235,000, and on this land the restaurant is worth more than £158, 000. Franco has a very high cash flow with more than £ 15,000 going in and outevery month, but not much extra left over at the end of each month. Since there is only alittle left. then he wouldn I t have enough to pay the interest on a loan.

"Why don't you apply for a mortgage?" Mr MacCallan suggested. "The restaurant is good collaeral, isn't it? So you would easily get a mortgage of £ 100, 000." He also suggested a start-up loan that has 0 % interest for the first five years. "Start-up loans are suitable for businesses that need high investment without any strings attached." he explained.

Franco decided to apply for both. Then he would be able to expand the restaurant.

(1) What did Franco want to do?

A. To deposit some money.

B. To save some money.

C. To borrow some money.

(2) What does the financial statement say?

A. The land size.

B. The land value.

C. The land price.

(3) How much are Franco' s expenditures each month?

A. Just less than income.

B. The same as income.

C. More than income.

(4) What did the manager suggest?

A. A mortgage.

B. A loan.

C. Both ‘A' and ‘B'

(5) What will a start-up loan give Franco?

A. No mortgage.

B. Spending money.

C.More interest.

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第3题
ACCA’s Code of ethics and conduct applies only to statutory audits.
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第4题
哪个不是青光眼引流物植入物()

A. Molteno

B. B.Schoker

C. C.Baerveldt

D. D.Krupin

E. E.Busacca

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第5题
虹膜炎症,可出现哪三种结节?各种结节主要发生于何种炎症?
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第6题
Koeppe结节
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第7题
Which sentence uses the figure of speech "simile"? ( )

A、The ball is round.

B、Her smile is like a flower.

C、I like sports.

D、He is patient as a teacher.

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第8题

Balotelli Beach Hotel Co (Balotelli) operates a number of hotels providing accommodation, leisure facilities and restaurants. You are an audit senior of Mario & Co and are currently conducting the audit of Balotelli for the year ended 31 December 20X4. During the course of the audit a number of events and issues have been brought to your attention: Food poisoning Balotelli's directors received correspondence in November 20X4 from a group of customers who attended a wedding at one of the company's hotels. They have alleged that they suffered severe food poisoning from food eaten at the hotel and are claiming substantial damages. Management has stated that based on discussions with their lawyers, the claim is unlikely to be successful. Required In relation to the claim regarding the alleged food poisoning, which of the following audit procedures would provide the auditor with the MOST reliable audit evidence regarding the likely outcome of the litigation?

A、Request a written representation from management supporting their assertion that the claim will not be successful

B、Send an enquiry letter to the lawyers of Balotelli to obtain their view as to the probability of the claim being successful

C、Review the correspondence from the customers claiming food poisoning to assess whether Balotelli has a present obligation as a result of a past event

D、Review board minutes to understand why the directors believe that the claim will not be successful

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第9题
请说明interim audit 与 final audit 的区别及其联系
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