题目内容
（请给出正确答案）
The new bill will come into ______ on the day it is passed.
A．effect
B．use
C．service
D．existence
如果结果不匹配，请 联系老师 获取答案
更多“The new bill will come into __…”相关的问题
Saxophone Enterprises Co (Saxophone) has been trading for 15 years selling insurance and has recently become a listed company. In accordance with corporate governance principles Saxophone maintains a small internal audit department. The directors feel that the team needs to increase in size and specialist skills are required, but they are unsure whether to recruit more internal auditors, or to outsource the whole function to their external auditors, Cello & Co.
Saxophone is required to comply with corporate governance principles in order to maintain its listed status; hence the finance director has undertaken a review of whether or not the company complies.
Bill Bassoon is the chairman of Saxophone, until last year he was the chief executive. Bill is unsure if Saxophone needs more non-executive directors as there are currently three non-executive directors out of the eight board members. He is considering appointing one of his close friends, who is a retired chief executive of a manufacturing company, as a non-executive director.
The finance director, Jessie Oboe, decides on the amount of remuneration each director is paid. Currently all remuneration is in the form. of an annual bonus based on profits. Jessie is considering setting up an audit committee, but has not undertaken this task yet as she is very busy. A new sales director was appointed nine months ago. He has yet to undertake his board training as this is normally provided by the chief executive and this role is currently vacant.
There are a large number of shareholders and therefore the directors believe that it is impractical and too costly to hold an annual general meeting of shareholders. Instead, the board has suggested sending out the financial statements and any voting resolutions by email; shareholders can then vote on the resolutions via email.
Required:
(a) Explain the advantages and disadvantages for each of Saxophone Enterprises Co AND Cello & Co of outsourcing the internal audit department.
Note: The total marks will be split as follows:
Saxophone Enterprises Co (8 marks)
Cello & Co (2 marks) (10 marks)
(b) In respect of the corporate governance of Saxophone Enterprises Co:
(i) Identify and explain FIVE corporate governance weaknesses; and
(ii) Provide a recommendation to address each weakness.
Note: The total marks will be split equally between each part. (10 marks)
A.Constitution Act
B.Bill of Rights Act
C.Human Rights Act、
不带质押的融通汇票
(1)开立循环的承兑信用额度证
Revolving acceptance credit covering purchase of cocoa beans opened in favour of The Manufacturing Co., by an accepting house, William Caxton & Co., Unsecured.
[
William Caxton & Company
＜/strong＞]To: The Manufacturing Co., London, 11 Jan., 200×
Liverpool
Dear Sirs,
Revolving Acceptance Credit No. U-429
In response to your application, we have pleasure in establishing our Revolving Acceptance Credit No. U-429 to the extent of GBP100,000.00 (say one hundred thousand pounds) available by your drafts on ourselves at three months after date for the purpose of financing your purchase of cocoa beans from Kingston to Liverpool and each draft must be marked "Drawn under Credit No. U-429 against purchase of cocoa beans".
All drafts are to be covered by you in cash with us at or before their respective maturity dates, but the credit being revolving, when and to the extent that drafts are so covered the facility automatically becomes available again.
Our acceptance commission payable at time of acceptance will be 1.75% per annum. This credit will expire on 11 Jan., next year, and all drafts must be drawn and accepted not later than that date.
The credit being unsecured is a condition hereof that you will not create any new mortgage of charge on your property or assets without our consent.
We enclose our usual form of undertaking in respect of this credit which kindly sign and return to us.
Yours faithfully
William Caxton & Co., London
signature
(2)开立融通汇票
Please draw an accommodating bill which was dated 1 April, 200× drawn by The Manufacturing Co., Liverpool, on William Caxton & Co., London payable to drawer's order duly endorsed in blank by them at three months after date for the sum of GBP10,000.00 marked: "Drawn under Acceptance Credit No. U-429 against purchase of cocoa beans". The bill was accepted by the drawee and payable at Barclays Bank Ltd., London. Please accept the bill and specify its due date.
(3)要求承兑融通汇票，提示贴现公司，请其贴现
You will send a letter to William Caxton & Co., with five bills, each for GBP10,000.00 taking the form as follows:
To: William Caxton & Co., Liverpool, 1 April, 200×
London
Dear Sirs,
Revolving Acceptance Credit No. U-429
With reference to the above credit dated ______ we would like to avail our- selves of GBP50,000.00 of the facility, and enclose here with five bills, each for ______, drawn at ______ which we have endorsed in blank.
After acceptance kindly hand these bills to Gillett Brother's Discount Co. Ltd., for ______.
We will be glad if you would debit our account with your acceptance commission.
Yours faithfully
The Manufacturing Company, Liverpool
signature
You will send another letter to Gillett Brother's Discount Co. Ltd., as follows:
To: Gillett Brother's Discount Co. Ltd.,
London Liverpool, 1 April, 200×
Dear Sirs ,
We enclose a copy of a letter we wrote to William Caxton & Co. today, and from which you will see that we have asked them to hand to you ______ bills total-ling ______ for ______. We should be glad if you would pay the net proceeds of these bills to Barclays Bank Ltd., London for the credit of our account.
Yours faithfully
The Manufacturing Co., Liverpool
signature
(4)计算贴现金额，制作贴现说明书
Please calculate the discount using the following formula.
______
Suppose V=CBP50,000.00
t=90
d=9
What is the amount of discount？ ______
What is the net proceeds？ ______
When the discount company has discounted the five bills, they will send a discount statement. Please make out this statement filling particulars in the form as follows:
[
Gillett Brother's Discount Co. Ltd.,
＜/strong＞]To: The Manufacturing Company, London, 2 April, 200×
Liverpool
We have pleasure in confirming the PURCHASE of the bills listed below. In accordance with your instructions, the net proceeds have been paid to Barclays Bank Ltd. London for the credit of your account.
| Amounts | Discount & net proceeds | Due date | Tenor in days |
| GBP 10,000.00 | ______ | ______ | |
| 10,000.00 | |||
| 10,000.00 | |||
| 10,000.00 | Total face value GBP ______ | ||
| 10,000.00 | Less discount at | ||
| 9% per annum ______ | |||
| Net proceeds GBP ______ |
Per Pro
Gillett Brother's Discount Co. Ltd.,
London
signature
(5)开立新的融通汇票，用其贴现净款归还旧的融通汇票到期应付之款
In accordance with the revolving acceptance credit, you must pay cash to the accepting house, William Caxton & Co., on or before the due date, 1 July, 200×. The credit being revolving, allows for the drawing of a new bill to replace those which are maturing.
Let us assume when the GBP50,000.00 bills fall due on 1 July, 200×, you have cash in hand for GBP20,000.00 to pay the bills, and the balance will be covered by issue of a new bill for the face amount to be calculaced by using following formula:
v=30,000 d=9 t=90
______
Please issue a new bill similar to the old bills except amount as calculated above and dated on 1 July, 200×.
Having drawn a new bill for the face amount as calculated above, The Manufacturing Company send it together with a letter addressed to William Caxton & Co., as follows:
To: William Caxton & Co.,
London 30 June, 200×
Dear Sirs,
Revolving Acceptance Credit No. U-429
With reference to the five bills of GBP10,000.00 each drawn under above credit and maturing on ______, we enclose our cheque for GBP20, 000. 00 and a new bills for ______ dated 1 July, 200× at three months after date. We should be glad if you will kindly ______ and hand to Gillett Brother's Discount Co. Ltd., for ______, the net proceeds ______ will be refunded three old bills.
Yours faithfully,
The Manufacturing Company, Liverpool
signatur
I______to see you but I was occupied in designing a new device.
A．would have come
B．would come
C．had come
D．came
A nice, quiet old couple used to live there, too. The old lady would sometimes bring some small cakes she made to Biir s mother,who in return would give her some meat or help her with shopping.Unfortunately,the old lady died last month. As her husband couldn’ t live alone,his grandson moved in.
The grandson, a youth of about twenty, has become a problem to Bill’ s family because he is so noisy. Biir s family members were used to peace and quiet,but the youth likes to listen to his radio late at night. Sometimes his friends came for a visit,and they also made a lot of noise. Everyone in Bill’ s family has been bothered by the new comer and getting angry.
Bill’ s mother once politely asked the old man if he was able to sleep well at night, but it seemed that he didn’ t understand what she meant and so never spoke to his grandson about it. If he did,the grandson apparently didn’ t listen, since things have not changed any. Everyone in Bill’ s family agrees that something has to be done, but no one wants to hurt the old man’ s feelings or cause him any problems. What do you think should be done？ Bill’ s family got angry with their neighbor because
A.the old lady died
B.a young man moved in
C.the grandson made a lot of noise
D.the young man could not live alone
In the sentence “Every one in Bill’s family has been bothered by the new comer”，“bother” means____.A.scare
B.cause trouble to
C.worry
D.make sorry
The grandson makes a lot of noise asA.he never cares whether the neighbors might want to live in peace and quiet
B.the walls of the building are thin
C.he likes to listen to his radio early iji the morning
D.friends come to visit him
请帮忙给出每个问题的正确答案和分析，谢谢！
When Bill de Blasio ran for New York City mayor last year, he promised to end a controversial （有争议的）, citywide cell-phone ban（禁令）in public schools, which is not equally enforced in all schools. Now, under his leadership, the city is preparing to end the ban. It will be replaced by a policy that allows phones inside schools but tells students to keep them packed away during class.
Many schools have a rule about enforcing the ban that says, “If we don't see it, we don't know about it.” That means teachers are OK with students bringing in cell phones, as long as they stay out of sight and inside bags and pockets.
But at the 88 city schools with metal detectors, die ban has been strictly enforced. The detectors were installed to keep weapon out of schools，but the scanners（扫描器）can also detect cell phones. So students at these schools must leave their phones at home or pay someone to store it for them.
The ban was put into place in 2007 under mayor Michael Bloomberg. Ending the ban will also likely end an industry that has sprung up near dozens of the schools that enforce the ban. Workers in vans（厢式货车）that resemble food tracks store teens' cell phones and Other devices for a dollar a day,
Critics of the ban say cell phones are important safety devices for kids during an emergency. They also say that enforcement of the ban is uneven and discriminatory. Where the ban is enforced, it puts a disadvantage on students who can't afford to pay to store their phones.
Before putting an official end to the cell-phone ban, city education officials are working on creating a new policy. It will include rules about not using the phones during class or to cheat on tests.
1. Which of the following is the main idea of the passage？
A. New York City will give financial aid to poor students.
B. New York City plans to restrict cell phone use in libraries.
C. New York City plans to install metal detectors in all public schools.
D. New York City will soon end a ban on cell phones in schools.
2. Students pay___________ a day to leave their cell phones in a van parked near their school.
A. a dollar
B. two dollars
C. five dollars
D. ten dollars
3. Metal detectors were installed in 88 city schools, mainly to keep ___________ out of schools.
A. cell phones
B. weapons
C. alcohol
D. drugs
4. The word discriminatory in Paragraph 5 probably means ___________.
A. necessary
B. tough
C. strict
D. unfair
5. According to the passage, which of the following statements is TRUE？
A. After the cell-phone ban is ended, students can use their phones during class.
B. The cell-phone ban is equally enforced in all public schools.
C. The cell-phone ban was put into place in 2008 under Mayor Bill de Blasio.
D. A phone-storage industry has appeared outside the 88 metal-detector campuses.
The following scenario relates to questions 11–15.
Helot Co develops and sells computer games. It is well known for launching innovative and interactive role-playing games and its new releases are always eagerly anticipated by the gaming community. Customers value the technical excellence of the games and the durability of the product and packaging.
Helot Co has previously used a traditional absorption costing system and full cost plus pricing to cost and price its products. It has recently recruited a new finance director who believes the company would benefit from using target costing. He is keen to try this method on a new game concept called Spartan, which has been recently approved.
After discussion with the board, the finance director undertook some market research to find out customers’ opinions on the new game concept and to assess potential new games offered by competitors. The results were used to establish a target selling price of $45 for Spartan and an estimated total sales volume of 350,000 units. Helot Co wants to achieve a target profit margin of 35%.
The finance director has also begun collecting cost data for the new game and has projected the following:
Which of the following statements would the finance director have used to explain to Helot Co’s board what the benefits were of adopting a target costing approach so early in the game’s life-cycle？
(1) Costs will be split into material, system, and delivery and disposal categories for improved cost reduction analysis
(2) Customer requirements for quality, cost and timescales are more likely to be included in decisions on product development
(3) Its key concept is based on how to turn material into sales as quickly as possible in order to maximise net cash
(4) The company will focus on designing out costs prior to production, rather than cost control during live production
A.1, 2 and 4
B.2, 3 and 4
C.1 and 3
D.2 and 4 only
Which of the following statements is INCORRECT about curiosity？
A．It gives the scientist confidence and pleasure in work.
B．It gives rise to interest in problems that are unexplained.
C．It leads to efforts to investigate potential connections.
D．It encourages the scientist to look for new ways of acting.
(56)
A．clothes
B．looks
C．van
D．motorcycle
Sycamore’s previous finance director left the company in December 2014 after it was discovered that he had been claiming fraudulent expenses from the company for a significant period of time. A new finance director was appointed in January 2015 who was previously a financial controller of a bank, and she has expressed surprise that Maple & Co had not uncovered the fraud during last year’s audit.
During the year Sycamore has spent $1·8 million on developing several new products. These projects are at different stages of development and the draft financial statements show the full amount of $1·8 million within intangible assets. In order to fund this development, $2·0 million was borrowed from the bank and is due for repayment over a ten-year period. The bank has attached minimum profit targets as part of the loan covenants.
The new finance director has informed the audit partner that since the year end there has been an increased number of sales returns and that in the month of May over $0·5 million of goods sold in April were returned.
Maple & Co attended the year-end inventory count at Sycamore’s warehouse. The auditor present raised concerns that during the count there were movements of goods in and out the warehouse and this process did not seem well controlled.
During the year, a review of plant and equipment in the factory was undertaken and surplus plant was sold, resulting in a profit on disposal of $210,000.
Required:
(a) State Maples & Co’s responsibilities in relation to the prevention and detection of fraud and error. (4 marks)
(b) Describe SIX audit risks, and explain the auditor’s response to each risk, in planning the audit of Sycamore Science Co. (12 marks)
(c) Sycamore’s new finance director has read about review engagements and is interested in the possibility of Maple & Co undertaking these in the future. However, she is unsure how these engagements differ from an external audit and how much assurance would be gained from this type of engagement.
Required:
(i) Explain the purpose of review engagements and how these differ from external audits; and (2 marks)
(ii) Describe the level of assurance provided by external audits and review engagements. (2 marks)
