4 Whilst acknowledging the importance of high quality corporate reporting, the recommendations to improve it aresometimes questioned on the basis that the marketplace for capital can determine the nature and quality of corporatereporting. It could be argu
题目
4 Whilst acknowledging the importance of high quality corporate reporting, the recommendations to improve it are
sometimes questioned on the basis that the marketplace for capital can determine the nature and quality of corporate
reporting. It could be argued that additional accounting and disclosure standards would only distort a market
mechanism that already works well and would add costs to the reporting mechanism, with no apparent benefit. It
could be said that accounting standards create costly, inefficient, and unnecessary regulation. It could be argued that
increased disclosure reduces risks and offers a degree of protection to users. However, increased disclosure has several
costs to the preparer of financial statements.
Required:
(a) Explain why accounting standards are needed to help the market mechanism work effectively for the benefit
of preparers and users of corporate reports. (9 marks)
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第1题：
● Project tradeoffs are usually made by comparing _____ and constraints.
A Time, cost, and quality
B Time, risk, and quality
C Risk, quality, and manpower availability
D Cost, quality, and technical performance
E Cost, quality, and risk
正确答案：D
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第2题：
Learning strategies, to _________(老师们认为) importance, have not yet drawn enough attention of students. (attach)
正确答案：
80. which (the) teachers attach/ have attached -
第3题：
Our clothes are low ____ price, high ____ quality.
A、at ... on
B、on ... at
C、to ... in
D、in ... in
正确答案:D
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第4题：
● Project life cycles provide a better means of measurement of progress and control. The four phases of a project are conceptual development, _____, _____, and _____.
A Preliminary planning, detail planning, closeout
B Implementation, reporting, termination
C Development, implementation, termination
D Execution, reporting, finishing
E Implementation, termination, post-audit review
正确答案：C
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第5题：
There was nothing in the letter of ________ importance.
A peculiar
B necessary
C basic
D particular
参考答案D
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第6题：
TheIBMNseriesmanagementproductthatwillprovidecentralizedmonitoring，reporting，datamanagementwithdetailedassetmanagementreportsthatarecustomizabletocapturespecific，relevantinformationandaddressbusinessneedsiscalled（）？
A.MonitoringManager
B.ProtectionManager
C.OperationsManager
D.SupportManager
参考答案：D