Please use the space provided on the inside of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question. Which TWO of the following substantive procedures provide evidence over the EXISTENCE of trade receivables?  (1) Agreeing a sample of goods despatched notes to sales invoices and to the sales ledger (2) Undertaking a receivables circularisation (3) Review of post year-end cash receipts, if these relate to year-end receivables follow through to the sales ledger (4) Recalculating the allowance for uncollectible accounts A 1 and 3 B 2 and 4 C 2 and 3 D 1 and 4 Answer： C Substantive procedure 1 provides evidence over the assertion of completeness as the direction of the test is from source documents to accounting records. Substantive procedure 4 provides evidence over valuation and allocation rather than existence. ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： ACCA这张证书价值究竟有多大？写给对ACCA仍不了解的童鞋们 ACCA会员权利 & 义务知多少  

Please use the space provided on the inside cover of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question. What is the primary responsibility of the external auditor? A To verify all the financial transactions and supporting documentation of the client B To ensure that the client’s financial statements are reasonably accurate and free from bias  C To report all financial irregularities to the shareholders of the client D To ensure that all the client’s financial statements are prepared and submitted to the relevant authorities on time Answer： B The external auditor has to ensure that the financial statements of the organisation truly reflect the activities of the business in the relevant accounting period. This assessment should be independent and therefore free from subjectivity on the part of the management of the client organisation. ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： 上班族如何高效复习备考ACCA？ 学ACCA能收获哪些实用专业技能？  

Please use the space provided on the inside of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question. Which of the following statements, if any, is/are correct? (1) Internal auditors should report to the finance director as they understand internal controls and are best placed to implement any recommendations in a timely manner (2) Companies are not required to establish and maintain an internal audit function A 1 only B 2 only C Both 1 and 2 D Neither 1 nor 2 Answer: B Statement 1 is not correct as internal audit (IA) should not report to the finance director as this would impact on their independence. Some of the internal controls and functions IA review are the responsibility of the finance director and they may not act on any recommendations which appear to criticise their department. Statement 2 is correct as companies are not required to implement and maintain an IA function. Corporate governance principles recommend that listed companies maintain an IA function and annually consider the need for such a function; however, they do not require it. ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： ACCA这张证书价值究竟有多大？写给对ACCA仍不了解的童鞋们 ACCA会员权利 & 义务知多少  

Please use the grid provided on page two of the Candidate Answer Booklet to record your answers to each multiple choice question. Do not write out the answers to the MCQs on the lined pages of the answer booklet. Which of the following audit procedures for obtaining audit evidence is correctly described? A Recalculation involves the auditor’s independent execution of procedures or controls which were originally performed as part of the entity’s internal control B Confirmation consists of seeking information of knowledgeable persons, within the company or outside the company C Reperformance consists of checking the mathematical accuracy of documents or records D Observation consists of looking at a procedure or process being performed by others Answer： D  Audit procedure A describes reperformance, B is describing inquiry rather than confirmation and procedure C is describing recalculation.  ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： ACCA F1科目考试重点，必看！ 学霸分享 | 跨专业高分考取ACCA双第一，我是怎么做到的？ ACCA考试经验——简单粗暴就可以！  

Please use the grid provided on page two of the Candidate Answer Booklet to record your answers to each multiple choice question. Do not write out the answers to the MCQs on the lined pages of the answer booklet. Each question is worth 2 marks. Andrew Co is a large listed company financed by both equity and debt. In which of the following areas of financial management will the impact of working capital management be smallest? A Liquidity management B Interest rate management  C Management of relationship with the bank D Dividend policy  Answer： D Working capital management may have an impact on dividend policy, but the other areas will be more significant ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 更多精彩： ACCA这张证书价值究竟有多大？写给对ACCA仍不了解的童鞋们 上班族如何高效复习备考ACCA？ 传说中最适合考ACCA的大学专业，你的专业中枪了吗....

间或换一个不同IP地址的电脑进行注册。如果仍不成功，可以将出错的页面截图，直接发至students@查询账户的状态。 如何追加免试？ 将新ACCA得到的学历或资格证明文件的复印件和盖章翻译件发送至students@或info@，告知学员号，并要求追加免试，请用英文编辑邮件。如果学历或资格证明本身是英文，则不需翻译件。 翻译件公章可以由所在学校、现任雇主、公证处或翻译公司加盖，不接受钢印。 欠费被除名后如何恢复ACCA身份？ 请已被除名的学员/会员发邮件到ACCA 24小时全球客服中心索要电子版的重新注册表格：students@; 电话：+44(0)141 582 2000 推荐阅读 【实用技能】支票填写大全 【会计实务】会计人职场面试宝典 欢迎关注微信官网"沪江财会"(hjcaikuai)，每日为您推送最新鲜的考试动态、精准、高效、全面，助您点亮人生希望，踏上会计之路！ 沪江财会温馨提醒： 未来是自己的，成功是掌握在自己手上的，只要你坚持一点点，梦想就离你近一点点。会计从业资格考试正在进行中，考生们赶紧行动起来！多听网课，多看辅导书！多做习题！2016年会计从业考试梦想成真！

Please use the space provided on the inside of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question. ISA 580 Written Representations require auditors to obtain written representations to support other evidence. For which of the following matters would a written representation NOT be suitable as audit evidence?  A That all deficiencies in internal control known to management have been communicated to the auditor B That subsequent events requiring adjustment or disclosure in the financial statements have been dealt with appropriately C That the payroll charge for three months of the year when the accounting records were unavailable is correctly stated  D That management has fulfilled their responsibility for the preparation and presentation of the financial statements Answer： C When the accounting records are unavailable, it is not acceptable to obtain a written representation as this represents an inability to obtain sufficient and appropriate audit evidence and if material would result in a modified audit report.  ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： ACCA学历项目：英国伦敦大学专业会计硕士（UOL）学位申请 ACCA会员分享 | 会计人成长重在“宽度”与“高度”  

Please use the space provided on the inside of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question. Is the following statement true or false? Audit risk is a function of two components, inherent risk and control risk. A True B False Answer： B  Audit risk is made up of two components being risk of material misstatement; inherent risk and control risk and also the risk that the auditor will not detect material misstatements being detection risk. ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： ACCA这张证书价值究竟有多大？写给对ACCA仍不了解的童鞋们 ACCA F1科目考试重点，必看！    

Please use the space provided on the inside cover of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question. Neill works as the procurement manager of JL Company, a large services company. Information provided by Neill is most relevant to which of the following elements of the marketing mix? A Physical evidence B Distribution (or place) C Price  D Processes Answer： C Information on purchase costs of finished goods or raw materials is important in establishing the price of a product. In terms of the marketing mix, this information is most relevant to the price element as prices should be set at least to cover cost and give an acceptable level of profit. ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： 五矿证券风控、信评、法律等招聘，CFA、FRM及CPA资格者优先 ACCA会员权利 & 义务知多少  

Please use the grid provided on page two of the Candidate Answer Booklet to record your answers to each multiple choice question. Do not write out the answers to the MCQs on the lined pages of the answer booklet. Which TWO of the following controls of a sales system ensure that all goods despatched are completely and accurately invoiced? (1) Good despatched notes are matched to sales invoices (2) Sales invoices are sequentially numbered (3) Sales invoices are matched to customer orders (4) Regular review of unfulfilled orders A 1 and 2 B 2 and 4 C 2 and 3 D 1 and 4 Answer： D  Sequential numbering of invoices confirms the completeness of sales invoices, however, it does not give assurance that all goods despatched are invoiced. Agreeing invoices back to orders does not confirm that the goods have actually been despatched yet.  ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： 5大ACCA学习利器！ 【考试攻略】最全ACCA笔考攻略（超详细）