Under the terms of 2/10 net 30, the buyer may:
A . deduct 10% of the invoice amount for payment within 30 days
B . deduct 2% of the invoice for payment within 10 days
C . incurs a penalty on 10% for payments more than 30 days late
D . settle the invoice with 2 equal payments; one within 10 days and the other within 30 days
E . None of the above
第1题:
(b) Router has a number of film studios and office buildings. The office buildings are in prestigious areas whereas
the film studios are located in ‘out of town’ locations. The management of Router wish to apply the ‘revaluation
model’ to the office buildings and the ‘cost model’ to the film studios in the year ended 31 May 2007. At present
both types of buildings are valued using the ‘revaluation model’. One of the film studios has been converted to a
theme park. In this case only, the land and buildings on the park are leased on a single lease from a third party.
The lease term was 30 years in 1990. The lease of the land and buildings was classified as a finance lease even
though the financial statements purport to comply with IAS 17 ‘Leases’.
The terms of the lease were changed on 31 May 2007. Router is now going to terminate the lease early in 2015
in exchange for a payment of $10 million on 31 May 2007 and a reduction in the monthly lease payments.
Router intends to move from the site in 2015. The revised lease terms have not resulted in a change of
classification of the lease in the financial statements of Router. (10 marks)
Required:
Discuss how the above items should be dealt with in the group financial statements of Router for the year ended
31 May 2007.
第2题:
有如下程序: #include<iostream> using namespace std; class Amount{ int amount; public: Amount(int n=0):amount(n){ } int getAmount( )const{return amount;} Amount&operator+=(Amount A) { amount+=a.amount; return; } }; int main( ){ Amount x(3),y(7); x+=y: cout<<x.getAmount( )<<endl; return 0; } 已知程序的运行结果是10,则下画线处缺失的表达式是
A.*this
B.this
C.&amount
D.amount
第3题:
第4题:
(d) Sirus raised a loan with a bank of $2 million on 1 May 2007. The market interest rate of 8% per annum is to
be paid annually in arrears and the principal is to be repaid in 10 years time. The terms of the loan allow Sirus
to redeem the loan after seven years by paying the full amount of the interest to be charged over the ten year
period, plus a penalty of $200,000 and the principal of $2 million. The effective interest rate of the repayment
option is 9·1%. The directors of Sirus are currently restructuring the funding of the company and are in initial
discussions with the bank about the possibility of repaying the loan within the next financial year. Sirus is
uncertain about the accounting treatment for the current loan agreement and whether the loan can be shown as
a current liability because of the discussions with the bank. (6 marks)
Appropriateness of the format and presentation of the report and quality of discussion (2 marks)
Required:
Draft a report to the directors of Sirus which discusses the principles and nature of the accounting treatment of
the above elements under International Financial Reporting Standards in the financial statements for the year
ended 30 April 2008.
第5题:
在2/10 net 30条款中买方会( )
A.扣除发票额的10%在30天内支付
B.扣除发票额的2%在10天内支付
C.超过30天付款则需支付10%的罚金
D.将发票额分成对等的两部分一部分在10天内支付另一部分在30天内支付