(b) Explain how the adoption of residual income (RI) using the annuity method of depreciation might prove tobe a superior basis for the management incentive plan operated by NCL plc.(N.B. No illustrative calculations should be incorporated into your expla

题目

(b) Explain how the adoption of residual income (RI) using the annuity method of depreciation might prove to

be a superior basis for the management incentive plan operated by NCL plc.

(N.B. No illustrative calculations should be incorporated into your explanation). (4 marks)

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2.(ii) Explain THREE strategies that might be adopted in order to improve the future prospects of DiverseHoldings Plc. (6 marks)

3.(b) (i) Explain how the use of Ansoff’s product-market matrix might assist the management of Vision plc toreduce the profit-gap that is forecast to exist at 30 November 2009. (3 marks)

4.(b) Explain how the use of SWOT analysis may be of assistance to the management of Diverse Holdings Plc.(3 marks)

更多“(b) Explain how the adoption of residual income (RI) using the annuity method of depreciation might prove tobe a superior basis for the management incentive plan operated by NCL plc.(N.B. No illustrative calculations should be incorporated into your expla”相关问题

  • 第1题：

    2 Alpha Division, which is part of the Delta Group, is considering an investment opportunity to which the following

    estimated information relates:

    (1) An initial investment of $45m in equipment at the beginning of year 1 will be depreciated on a straight-line basis

    over a three-year period with a nil residual value at the end of year 3.

    (2) Net operating cash inflows in each of years 1 to 3 will be $12·5m, $18·5m and $27m respectively.

    (3) The management accountant of Alpha Division has estimated that the NPV of the investment would be

    $1·937m using a cost of capital of 10%.

    (4) A bonus scheme which is based on short-term performance evaluation is in operation in all divisions within the

    Delta Group.

    Required:

    (a) (i) Calculate the residual income of the proposed investment and comment briefly (using ONLY the above

    information) on the values obtained in reconciling the short-term and long-term decision views likely to

    be adopted by divisional management regarding the viability of the proposed investment. (6 marks)


    正确答案：

     

  • 第2题：

    (b) Explain the capital gains tax (CGT) and inheritance tax (IHT) implications of Graeme gifting his remaining ‘T’

    ordinary shares at their current value either:

    (i) to his wife, Catherine; or

    (ii) to his son, Barry.

    Your answer should be supported by relevant calculations and clearly identify the availability and effect of

    any reliefs (other than the CGT annual exemption) that might be used to reduce or defer any tax liabilities

    arising. (9 marks)


    正确答案：

     

  • 第3题：

    (b) Assuming that the income from the sale of the books is not treated as trading income, calculate Bob’s taxable

    income and gains for all relevant tax years, using any loss reliefs in the most tax-efficient manner. Your

    answer should include an explanation of the loss reliefs available and your reasons for using (or not using)

    them. (12 marks)

    Assume that the rates and allowances for 2004/05 apply throughout this part of the question.


    正确答案：

     

  • 第4题：

    (b) (i) Explain, by reference to Coral’s residence, ordinary residence and domicile position, how the rental

    income arising in respect of the property in the country of Kalania will be taxed in the UK in the tax year

    2007/08. State the strategy that Coral should adopt in order to minimise the total income tax suffered

    on the rental income. (7 marks)


    正确答案：
    (b) (i) UK tax on the rental income
    Coral is UK resident in 2007/08 because she is present in the UK for more than 182 days. Accordingly, she will be
    subject to UK income tax on her Kalanian rental income.
    Coral is ordinarily resident in the UK in 2007/08 as she is habitually resident in the UK.
    Coral will have acquired a domicile of origin in Kalania from her father. She has not acquired a domicile of choice in the
    UK as she has not severed her ties with Kalania and does not intend to make her permanent home in the UK.
    Accordingly, the rental income will be taxed in the UK on the remittance basis.
    Any rental income remitted to the UK will fall into the basic rate band and will be subject to income tax at 22% on the
    gross amount (before deduction of Kalanian tax). Unilateral double tax relief will be available in respect of the 8% tax
    suffered in Kalania such that the effective rate of tax suffered by Coral in the UK on the grossed up amount of income
    remitted will be 14%.
    In order to minimise the total income tax suffered on the rental income Coral should ensure that it is not brought into or
    used in the UK such that it will not be subject to income tax in the UK.
    Coral should retain evidence, for example bank statements, to show that the rental income has not been removed from
    Kalania. Coral can use the money whilst she is on holiday in Kalania with no UK tax implications.

  • 第5题：

    (b) Calculate the amount of input tax that will be recovered by Vostok Ltd in respect of the new premises in the

    year ending 31 March 2009 and explain, using illustrative calculations, how any additional recoverable input

    tax will be calculated in future years. (5 marks)


    正确答案：
    (b) Recoverable input tax in respect of new premises
    Vostok Ltd will recover ￡47,880 (￡446,500 x 7/47 x 72%) in the year ending 31 March 2009.
    The capital goods scheme will apply to the purchase of the building because it is to cost more than ￡250,000. Under the
    scheme, the total amount of input tax recovered reflects the use of the building over the period of ownership, up to a maximum
    of ten years, rather than merely the year of purchase.
    Further input tax will be recovered in future years as the percentage of exempt supplies falls. (If the percentage of exempt
    supplies were to rise, Vostok Ltd would have to repay input tax to HMRC.)
    The additional recoverable input tax will be computed by reference to the percentage of taxable supplies in each year including
    the year of sale. For example, if the percentage of taxable supplies in a particular subsequent year were to be 80%, the
    additional recoverable input tax would be computed as follows.
    ￡446,500 x 7/47 x 1/10 x (80% – 72%) = ￡532.
    Further input tax will be recovered in the year of sale as if Vostok Ltd’s supplies in the remaining years of the ten-year period
    are fully vatable. For example, if the building is sold in year seven, the additional recoverable amount for the remaining three
    years will be calculated as follows.
    ￡446,500 x 7/47 x 1/10 x (100% – 72%) x 3 = ￡5,586.

  • 第6题：

    Why might a taxpayer elect to depreciate assets using the Alternative Depreciation System (ADS)?()I. The taxpayer desires rapid write off of assets.II. The taxpayer may be close to being subject to the alternative minimum tax.III. The taxpayer is experiencing a low income time period.

    A、Statements I and III are correct

    B、Only statement I is correct

    C、Statements II and III are correct

    D、Statements I and II are correct

    E、Statements I, II, and III are correct


    答案：E

  • 第7题：

    Which method should be used to dynamically elect an RP when your network is using PIM version1?()

    A. auto-RP

    B. static RP

    C. discovery mode

    D. bootstrap protocol


    参考答案：A

  • 第8题：

    （）is the process of implementing risk response plans，tracking identified risks，monitoring residual risk，identifying new risk，and evaluating risk process effectiveness throughout the project.

    A.Identity risks

    B.Control risks

    C.Plan risk responses

    D.Plan risk management


    正确答案：B

  • 第9题：

    Which method should be used to dynamically elect an RP when your network is using PIM version1?（）

    • A、auto-RP
    • B、static RP
    • C、discovery mode
    • D、bootstrap protocol

    正确答案:A

  • 第10题：

    Which is the MOST effective method for generating support for your project plan？（）

    • A、Requiring stakeholders to sign-off on project plan components
    • B、Requesting input from all stakeholders during the planning process
    • C、Providing an open line of communication regarding the project
    • D、Clearly illustrating how the project relates to the company’s objectives

    正确答案:B

  • 第11题：

    Your network includes 40 servers that run Windows Server 2008 R2. You plan to virtualize the servers by using Hyper-V in a failover cluster.  Your plan must allow for up to two offline host servers while still maintaining highly available virtual machines. You need to recommend the minimum number of Hyper-V host servers for the cluster.  How many servers should you recommend？（）

    • A、three
    • B、four
    • C、five
    • D、six

    正确答案:B

  • 第12题：

    问答题
    Directions: English Club at your university intends to extend and take in new members, encouraging individuals to join in with their own fresh ideas. Write a letter, introduce yourself first and then explain what your ideas are, what kind of job you plan to do and how you will practice your ideas if you are lucky enough to be taken in.　　You should write about 100 words. Do not sign your own name at the end of the letter. Use “Li Ming” instead. You do not need to write the address. Now write the letter on the AnswerSheet.

    正确答案：
    Dear President of the English Club,
    I got the new that the English Club intends t extend and take in new members. I am extremely excited about this chance. I am a twenty-year old freshman, majoring in Fine Arts. I had been fascinated by English ever since I was in my primary school. My hobbies include watching musical dramas, traveling and photographing.
    I also come with my fresh ideas. As the Olympic Games are coming around, I plan to put on a music play with the theme related to the Olympics. In order to achieve this goal, we need lots of volunteers. And I have learned how to decorate the stage from my courses and from the dramas that I have watched. I am confident enough to fulfill this job well.
    Looking forward to your reply.
    Yours sincerely,
    Li Ming
    解析： 暂无解析

  • 第13题：

    (c) Explain how the introduction of an ERPS could impact on the role of management accountants. (5 marks)


    正确答案：
    (c) The introduction of ERPS has the potential to have a significant impact on the work of management accountants. The use of
    ERPS causes a substantial reduction in the gathering and processing of routine information by management accountants.
    Instead of relying on management accountants to provide them with information, managers are able to access the system to
    obtain the information they require directly via a suitable electronic access medium.
    ERPS integrate separate business functions in one system for the entire organisation and therefore co-ordination is usually
    undertaken centrally by information management specialists who have a dual responsibility for the implementation and
    operation of the system.
    ERPS perform. routine tasks that not so long ago were seen as an essential part of the daily routines of management
    accountants, for example perpetual inventory valuation. Therefore if the value of the role of management accountants is not
    to be diminished then it is of necessity that management accountants should seek to expand their roles within their
    organisations.
    The management accountant will also control and audit the ERPS data input and analysis. Hence the implementation of ERPS
    provides the management accountant with an opportunity to change the emphasis of their role from information gathering
    and processing to that of the role of advisers and internal consultants to their organisations. This new role will require
    management accountants to be involved in interpreting the information generated from the ERPS and to provide business
    support for all levels of management within an organisation.

  • 第14题：

    Assume that the rates and allowances for 2004/05 apply throughout this part.

    (b) Explain the consequences of filing the VAT returns late and advise Fred how he should deal with the

    underpayment and bad debt for VAT purposes. Your explanation should be supported by relevant

    calculations. (10 marks)


    正确答案：
    (b) Late filing of VAT returns
    The late filing of two or more VAT returns within the period of one year will give rise to a default surcharge. This occurs when
    either
    – The return is late and/or
    – The payment is late.
    Customs & Excise will serve a surcharge liability notice on the taxpayer when a single return is filed late and/or the VAT due
    is paid late. The surcharge period will run from the date of notice to the anniversary of the quarter end of the period in which
    the trader is in default.
    Any further defaults within the surcharge period will extend the surcharge period.
    If there is a late payment of VAT in the surcharge period, a surcharge will be levied at the rate of 2% on the first occasion,
    rising progressively to a maximum of 15% if there are several defaults. One complete year of correct compliance is necessary
    to escape the default surcharge regime.
    For Flop Ltd, the surcharge period originally ran to 31 December 2005 but was extended to 31 March 2006 as the second
    return is late. This could be extended again if the June return is late. The second default (31 March return) will give rise to
    a 2% surcharge, based on the tax paid late of ￡24,000. This gives a surcharge of ￡480. This exceeds the de minimus level
    of ￡400, so will be collected.
    To avoid a further surcharge, the VAT return to 30 June 2005 should be submitted by 31 July at the latest. This would save
    5% x ￡8,250 = ￡412.
    In addition, Flop Ltd should obtain a refund of the VAT on the bad debt. Relief is available where;
    (i) the debt is more than six months old, and
    (ii) the debt has been written off in the creditor’s accounts.
    The claim must be made within three years. The amount of VAT repayable is 17·5% of ￡50,000 = ￡8,750. If this is claimed
    though the VAT return to 30 June 2005, there should be a net VAT repayment of (￡8,250 - ￡8,750) = ￡500. Even if this
    return is submitted late, the fact that no VAT is outstanding means that there will be no surcharge actually payable (as
    calculated above), but the surcharge period will nevertheless be extended.

  • 第15题：

    (c) Calculate and explain the amount of income tax relief that Gerard will obtain in respect of the pension

    contributions he proposes to make in the tax year 2007/08 and contrast this with how his position could be

    improved by delaying some of the contributions that he could have made in 2007/08 until 2008/09. You

    should include relevant supporting calculations and quantify the additional tax savings arising as a result of

    your advice.

    You should ignore the proposed changes to the bonus scheme for this part of this question and assume that

    Gerard’s income will not change in 2008/09. (12 marks)


    正确答案：

     

  • 第16题：

    (ii) Explain how the inclusion of rental income in Coral’s UK income tax computation could affect the

    income tax due on her dividend income. (2 marks)

    You are not required to prepare calculations for part (b) of this question.

    Note: you should assume that the tax rates and allowances for the tax year 2006/07 and for the financial year to

    31 March 2007 will continue to apply for the foreseeable future.


    正确答案：
    (ii) The effect of taxable rental income on the tax due on Coral’s dividend income
    Remitting rental income to the UK may cause some of Coral’s dividend income currently falling within the basic rate
    band to fall within the higher rate band. The effect of this would be to increase the tax on the gross dividend income
    from 0% (10% less the 10% tax credit) to 221/2% (321/2% less 10%).
    Tutorial note
    It would be equally acceptable to state that the effective rate of tax on the dividend income would increase from 0%
    to 25%.

  • 第17题：

    ●The quality management plan should describe how the project management team will implement its quality (73).

    (73) A. improvement

    B. control

    C. policy

    D. information


    正确答案：C

  • 第18题：

    The quality management plan should describe how the project management team will implement its quality（73）.

    A. improvement

    B. control

    C. policy

    D. information


    正确答案：C
    质量管理计划应说明项目管理团队如何来实施执行其质量。（73）A.改进B.控制C.政策D.信息。

  • 第19题：

    The quality management plan should describe how the project management team will implement its quality（73）.

    A.improvement

    B.control

    C.policy

    D.information


    正确答案：C
    质量管理计划应说明项目管理团队如何来实施执行其质量（73）。A.改进B.控制C.政策D.信息。

  • 第20题：

    Directions:Suppose you have to cancel your travel plan and will not be able to visit professor Smith.write him an email to apologize and explain the situation,and suggest a future meeting You should write about 100 words on the ANSWER SHEET.Do not use your own name.Use"Li Ming"instead.Do not write your address.


    答案：
    解析：
    Dear Prof.Smith,
    I am sorry to tell you that I have to cancel my travel plan to your city for some reasons,thus I am afraid that I couldn't visit you according to the due course.So I am writing for the purpose of extending my sincere apology to you.
    Act

  • 第21题：

    You manage your virtual environment by using Microsoft System Center Virtual Machine Manager （VMM） 2008 R2. You plan to install the VMM Self-Service Portal. You need to install the prerequisite Web Server （IIS） role services. Which two role services should you choose？（）

    • A、ASP
    • B、ASP.NET
    • C、IIS 6 Management Compatibility
    • D、IIS Management Scripts and Tools

    正确答案:B,C

  • 第22题：

    Your network consists of a single Active Directory domain. The network contains five Windows Server 2008 R2 servers that host Web applications. You need to plan a remote management strategy to manage the Web servers.  Your plan must meet the following requirements： èAllow Web developers to configure features on the Web sites   èPrevent Web developers from having full administrative rights on the Web servers What should you include in your plan？（）

    • A、Configure request filtering on each Web server.
    • B、Configure authorization rules for Web developers on each Web server.
    • C、Configure the security settings in Internet Explorer for all Web developers by using a Group Policy.
    • D、Add the Web developers to the Account Operators group in the domain.

    正确答案:B

  • 第23题：

    单选题
    Your network consists of a single Active Directory domain. The network contains five Windows Server 2008 R2 servers that host Web applications. You need to plan a remote management strategy to manage the Web servers.  Your plan must meet the following requirements： èAllow Web developers to configure features on the Web sites   èPrevent Web developers from having full administrative rights on the Web servers What should you include in your plan？（）
    A

    Configure request filtering on each Web server.

    B

    Configure authorization rules for Web developers on each Web server.

    C

    Configure the security settings in Internet Explorer for all Web developers by using a Group Policy.

    D

    Add the Web developers to the Account Operators group in the domain.


    正确答案： D
    解析： 暂无解析

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