Please use the space provided on the inside cover of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question. Each question is worth 2 marks. Which of the following statements are TRUE of limited liability companies? (1) The company’s exposure to debts and liability is limited  (2) Financial statements must be produced (3) A company continues to exist regardless of the identity of its owners A 1 and 2 only B 1 and 3 only C 2 and 3 only  D 1, 2 and 3   Answer: C ACCA特许公认会计师F段+学士学位【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准考证打印（附教程） 5大ACCA学习利器！ 【考试攻略】最全ACCA笔考攻略（超详细）  

Please use the space provided on the inside cover of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question. Each question is worth 2 marks. A company receives rent from a large number of properties. The total received in the year ended 30 April 20X6 was $481,200. The following were the amounts of rent in advance and in arrears at 30 April 20X5 and 20X6:                                                                     30 April 20X5        30 April 20X6                                                                                 $                       $ Rent received in advance                                   28,700              31,200 Rent in arrears (all subsequently received)        21,200              18,400 What amount of rental income should appear in the company’s statement of profit or loss for the year ended 30 April 20X6? A $486,500 B $460,90900 C $501,500 D $475,900 Answer： D                                                                $ Balance b/f (advance)                      28,700 Balance b/f (arrears)                       (21,200) Cash received                                 481,200 Balance c/f (advance)                     (31,200) Balance c/f (arrears)                         18,400                                                      ––––––––                                                        475,900                                                      ––––––––   ACCA特许公认会计师F段+学士学位【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？ ACCA F1科目考试重点，必看！ ACCA新手入门该如何安排学习计划？学习ACCA到底有什么收获？    

住了。他把头托在手上，向手下传达命令，最终获得了胜利。而闵希豪男爵的头怎么办呢？幸好有一名医术高超的医生，将他的头和身子用针缝了起来，一会儿闵希豪男爵就可以转动头和吃饭了。 闵希豪男爵是个聪明的人，他总是想出一些办法使他摆脱困境，其中有一个情节惹得我哈哈大笑：闵希豪男爵听见有野鸭在叫时，拿起猎枪就冲出门外，结果被撞了一下，眼睛里冒出了火花。当闵希豪男爵忍着痛端起枪准备射击时，他发现忘带打火石了，这可怎么办啊？回去拿吧，野鸭会跑掉，不去拿呢，又不能开枪。幸好聪明的闵希豪男爵想到刚才眼睛撞到窗户上打出火花的事。就用手猛击眼睛，果真打出了火花，闵希豪男爵赶紧端起枪，一枪就打死了好牛多只野鸭，他高兴地拎着它们回家了。 这些故事在现实生活中是不可能发生的，而作者却能大胆地创造出一个个奇特的故事。我很佩服作者超强的想象力。 吹牛大王历险记的读后感：儿子6岁半，喜欢独自看漫画书，但买回吹牛大王历险记回家后，每晚缠着要爸爸妈妈讲故事，要求每晚至少讲3个小故事才肯睡。里面的字儿子认识80%，故事有点深度，儿子说认识但不懂，比如文中翻出狼的“里子”，里子就不明白，所以要求爸爸妈妈带着看。

俺喜欢“冒险书—”《吹牛大王历险记》这本书是由许多单独的小故事汇集而成的，故事之间还有一定的连贯性呢！这些故事都是由主人公敏豪森男爵，经历一个个惊险有趣的传奇故事，并以第一人称来叙述的。民豪森男爵出生于德国一个最古老的贵族家庭，喜欢行侠仗义和探险，曾经在俄国军队中牛服过役，跟土耳其人交过战；足迹遍布欧洲、非洲、亚洲和美洲大陆；还到过人迹罕至的北冰洋，并遇到过许多稀奇古怪的事情。回国后将自己的经历加上独特的幻想，编造出许多荒诞不经的冒险故事。他一讲起自己的历险故事，就口若悬河，滔滔不绝，一发不可收拾。就这样敏豪森男爵就成为德国公认的“吹牛大王”。虽让人难以置信，但是每一次读的时候，就好像被他拉进

In relation to the Companies Act, 2006, explain the duty of directors to promote the success of the company, and to whom such a duty is owed. (10 marks) 【答案】 By virtue of s.172 Companies Act 2006 a director of a company must act in the way he considers would be most likely to promote the success of the company for the benefit of its members as a whole. Specifically the director must consider the following: – the likely consequences of any decision in the long-term; – the interests of the company’s employees; – the need to foster the company’s business relationships with suppliers, customers and others; – the impact of the company’s operations on the community and the environment; – the desirability of the company maintaining a reputation for high standards of business conduct; and – the need to act fairly as between members of the company. The above list is not exhaustive, and merely highlights areas of particular importance for the directors to focus on. The actual decision as to what will promote the success of the company has to be taken in good faith by the directors. This ensures that business decisions on, for example, strategy and tactics are for the directors, and not subject to decision by the courts. Subsection 172(2) provides that where, or to the extent that, the purposes of the company consist of, or include, purposes other than the benefit of its members, then the reference to promoting the success of the company for the benefit of its members in subsection (1) is to be read as referring to achieving those other purposes. This subsection is aimed at, essentially, but not exclusively, charitable companies and community interest companies. Consequently where the purpose of the company is other than the benefit of its members, the directors must act in the way they consider, in good faith, would be most likely to achieve that purpose. Where the company is partially for the benefit of its members and partly for other purposes, the extent to which those other purposes apply in place of the benefit of the members is a matter for directors to determine, once again, in good faith. Subsection 172(3) provides that the general duty is subject to any specific enactment or rule of law requiring directors to consider or act in the interests of creditors of the company. This formally recognises that the duty to the shareholders is displaced when the company is insolvent or is heading towards insolvency. For example, s.214 of the Insolvency Act 1986 provides a mechanism under which the liquidator can require the directors to contribute towards the funds available to creditors in an insolvent winding up, where they ought to have recognised that the company had no reasonable prospect of avoiding insolvent liquidation and then failed to take all reasonable steps to minimise the loss to creditors. As directors owe their duties to the company (see Percival v Wright (1902)) it is apparent that many of the duties set out in s.172 (1) are not capable of being enforced if the company itself, or members of the company, does not wish to enforce those duties.  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

Please use the space provided on the inside cover of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question. Each question is worth 2 marks. Which of the following explains the imprest system of operating petty cash? A Weekly expenditure cannot exceed a set amount B The exact amount of expenditure is reimbursed at intervals to maintain a fixed float C All expenditure out of the petty cash must be properly authorised D Regular equal amounts of cash are transferred into petty cash at intervals   Answer: B ACCA特许公认会计师F段+学士学位【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！ 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....  

Please use the space provided on the inside cover of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question. Each question is worth 2 marks. Which of the following calculates a sole trader’s net profit for a period? A Closing net assets + drawings – capital introduced – opening net assets B Closing net assets – drawings + capital introduced – opening net assets C Closing net assets – drawings – capital introduced – opening net assets0 D Closing net assets + drawings + capital introduced – opening net assets   Answer： A ACCA特许公认会计师F段+学士学位【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 考经分享丨通过就是王道！备考ACCA，你有必要避免这些坑••• ACCA : F1阶段的每个章节介绍  

Please use the space provided on the inside cover of the Candidate Answer Booklet to indicate your chosen answer to  each multiple choice question. Each question is worth 2 marks. Xena has the following working capital ratios:                                                                                        20X9                    20X8 Current ratio                                                                   1·2:1                     1·5:1 Receivables days                                                         75 days                 50 days Payables days                                                              30 days                 45 days Inventory turnover                                                       42 days                 35 days Which of the following statements is correct? A Xena’s liquidity and working capital has improved in 20X9 B Xena is receiving cash from customers more quickly in 20X9 than in 20X8 C Xena is suffering from a worsening liquidity position in 20X9  D Xena is taking longer to pay suppliers in 20X9 than in 20X8   Answer: C ACCA特许公认会计师F段+学士学位【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 考经分享丨通过就是王道！备考ACCA，你有必要避免这些坑••• ACCA准考证打印（附教程）  

Please use the space provided on the inside cover of the Candidate Answer Booklet to indicate your chosen answer to  each multiple choice question. Each question is worth 2 marks. A company’s statement of profit or loss for the year ended 31 December 20X5 showed a net profit of $83,600. It was later found that $18,000  paid for the purchase of a motor van had been debited to the motor expenses account. It is the company’s policy to depreciate motor vans at 25% per year on the straight line basis, with a full year’s charge  in the year of  acquisition. What would the net profit be after adjusting for this error? A $106,100 B $70,100 C $97,100 D $101,600    Answer: C                                                                     $ Profit                                                    83,600 Purchase of van                                   18,000 Depreciation 18,000 x 25%                   (4,500)                                                             –––––––                                                              97,100                                                             ––––––– ACCA特许公认会计师F段+学士学位【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 【考试攻略】最全ACCA笔考攻略（超详细） ACCA F1科目考试重点，必看！