An overseas student studies ().
A.at home
B.abroad
C.at sea
D.on a ship
B、abroad
A.at home
B.abroad
C.at sea
D.on a ship
B、abroad
Between 1974 and 1997, the number of overseas visitors expanded ______ 27%.
A.by
B.for
C.to
D.in
What is the amount of enterprise income tax (EIT) the Chinese borrower needs to withhold from the annual interest paid to the overseas bank?
A.USD6,000
B.USD15,000
C.USD5,700
D.USD14,250
A.a vostro account
B.a nostro account
C.a mirror account
D.a record account
(1) The importation of goods into a China free trade zone
(2) The importation of equipment under an operating lease
(3) The importation of raw materials under a processing trade
(4) The importation of raw materials under a general trade
A.1, 2, 3 and 4
B.1, 2 and 3 only
C.1 and 3 only
D.2 and 4 only
(b) Provide the directors of Acrux Ltd with a detailed explanation of the maximum rate of tax that will be suffered
on both the distributed and non-distributed profits of the non-UK resident investee companies where:
(1) there is a double tax treaty between the UK and the country in which the individual companies are
resident; and
(2) there is no such double tax treaty.
Note: you are not required to explain the position of the overseas resident branches. (6 marks)
The launch of several new products and a rapid increase in exports had raised a number of problems at Loho. These included problems in meeting order deadlines, whilst a number of operational constraints had meant that some orders had been delivered to customers late. The increase in overseas business had also, according to Sonja Tan, the financial director, increased the overall risk profile of the business. Credit risk had risen substantially as had a range of risks associated with exporting and overseas investment. In addition to a growth from 150 to 600 employees in its home country, Loho also had recruited a further 200 people overseas in order to facilitate business in those countries.
As part of her continuing professional development (CPD), Sonja Tan, the finance director who was also a professional accountant, had been to a seminar on improving internal controls (IC). She believed that at this point in its growth, Loho could benefit from tighter internal controls. Speaking about this to the board on her return from the seminar, she reminded her colleagues that sound internal controls could only provide ‘reasonable assurance’ and that any IC system had inherent limitations and could never be totally effective whatever changes were made to improve them. This came as a surprise to some board members who assumed, because internal controls were often very expensive, that they should be guaranteed to be fully effective.
Required:
(a) Construct the case for establishing an internal audit function at Loho Company. (10 marks)
(b) Explain the reasons why many internal controls can never be guaranteed to be fully effective and discuss why ICs being ‘very expensive’ are no guarantee of their effectiveness. (9 marks)
(c) The finance director Sonja Tan learned about improved internal controls as part of her continuing professional development (CPD).
Required:
Explain the advantages of continuing professional development (CPD) for professional accountants such as finance director Sonja Tan. (6 marks)
Student B: Great!______. What time and where?
Mary is the top student in the class. She studies harder______.
A.than any student
B.than all the students
C.than any other student
D.than some other student
Student A: Would you like to go with me for a movie tonight?
Student B: __________
A.Why bother?
B.Oh, come on.
C.Then what?
D.Thanks a lot.
What's the key to a successful student according to the passage? ______.
A.Circumstances
B.Methods
C.Teachers
D.Motivation