The two parties have ______ an agreement on the date of talk.A.come acrossB.come intoC.com
The two parties have ______ an agreement on the date of talk.
A.come across
B.come into
C.come up
D.come to
The two parties have ______ an agreement on the date of talk.
A.come across
B.come into
C.come up
D.come to
After a long discussion the two parties ________ an agreement.
A.arrived
B.arrived in
C.reached out
D.reached
The two leading parties of America are ______.
A.The Republican and the Liberal
B.The Democratic and the Republican
C.The Democratic and the Conservative
D.The Democratic and the Labor
In relation to the Company Law of China:
(a) explain TWO forms of company merger; (4 marks)
(b) state the necessary steps to be taken by the parties involved in a company merger before the successful completion of the deal. (6 marks)
Another advantage of money is that it is a measure of value, that is, it serves as a unit in terms of which the relative values of different products can be expressed. In a barter economy it would be necessary to determine how many plates were worth one hundred weight of cotton, or how many pens should be exchanged for a ton of coal, which would be a difficult and time-consuming task. The process of establishing relative values would have to be undertaken for every act of exchange, according to what products were being offered against one another, and according to the two parties'desires and preferences. If I am trying to barter fish bananas, for example, a lot would depend on whether the person willing to barter fish for bananas, for example, a lot would depend on whether the person willing to exchange bananas is or not keen on fish.
Thirdly, money acts as a store of wealth. It is difficult to imagine saving under a barter system. No one engaged on only one stage in the manufacture of a person could save part of his output, since he would be producing nothing complete. Even when a person actually produced a complete product the difficulties would be overwhelming. Most products deteriorate fairly rapidly, either physically or in value, as a result of long storage; even if storage were possible, the practice of storing products for years on would involve obvious disadvantages-imagine a coal-miner attempting to save enough coal, which of course is his product, to keep him for life. If wealth could not be saved, or only with great difficulty, future needs could not be provided for, or capital accumulated to raise productivity.
Using money as a medium of exchange means that______.
A.you have to sell something in order to buy something
B.you have to buy something in order to sell something
C.you don't have to buy something in order to sell something
D.the seller and the purchaser are the same person
The count will be undertaken by 15 teams of two counters from the warehouse department with Quartz’s financial controller providing overall supervision. Each team of two is allocated a number of bays within the warehouse to count and they are provided with sequentially numbered inventory sheets which contain product codes and quantities extracted from the inventory records. The counters move through each allocated bay counting the inventory and confirming that it agrees with the inventory sheets. Where a discrepancy is found, they note this on the sheet.
The warehouse is large and approximately 10% of the bays have been rented out to third parties with similar operations; these are scattered throughout the warehouse. For completeness, the counters have been asked to count the inventory for all bays noting the third party inventories on separate blank inventory sheets, and the finance department will make any necessary adjustments.
Some of Quartz’s finished goods are high in value and are stored in a locked area of the warehouse and all the counting teams will be given the code to access this area. There will be no despatches of inventory during the count and it is not anticipated that there will be any deliveries from suppliers.
Each area is counted once by the allocated team; the sheets are completed in ink, signed by the team and returned after each bay is counted. As no two teams are allocated the same bays, there will be no need to flag that an area has been counted. On completion of the count, the financial controller will confirm with each team that they have returned their inventory sheets.
Required:
(a) In respect of the inventory count procedures for Lemon Quartz Co:
(i) Identify and explain FIVE deficiencies;
(ii) Recommend a control to address each of these deficiencies; and
(iii) Describe a TEST OF CONTROL the external auditors would perform. to assess if each of these controls, if implemented, is operating effectively.
Note: The total marks will be split equally between each part. (15 marks)
(b) Quartz’s finance director has asked your firm to undertake a non-audit assurance engagement later in the year. The audit junior has not been involved in such an assignment before and has asked you to explain what an assurance engagement involves.
Required:
Explain the five elements of an assurance engagement. (5 marks)
Specialization is encouraged, because people whose output is not a complete product but only a part of one can be paid an amount equivalent to their share of the product.
Another advantage of money is that it is a measure of value. In a barter economy it would be necessary to determine how many plates were worth one hundred weight of cotton, or how many pens should be exchanged for a ton of coal.
The process of establishing relative values would have to be undertaken for every act of exchange, according to what products were being offered against one another, and according to the two parties’ desires and preferences.
Thirdly, money acts as store of wealth. It is difficult to imagine saving under a barter system. No one engaged on only one stage in the manufacture of a product could save part of his output, since he would be producing nothing complete. Most products deteriorate fairly rapidly, either physically or in value, as a result of long storage; even if storage were possible, the practice of storing products for years on end would involve obvious disadvantages. If wealth could not be saved, or only with great difficulty, future needs could not be provided.
Using money as a medium of exchange means that_____.
A.you have to sell something in order to buy something
B.you have to buy something in order to sell something
C.you don’t have to buy something in order to sell something
D.the seller and the purchaser are the same person
Specialization is encouraged because_______.A.people can use their money to buy whatever they want
B.people get paid according to their share of the product.
C.people pay great attention to the manufacture of a product
D.people cannot use their money to buy whatever they want
A barter economy is one in which _______.A.value is decided by weight
B.value is decided by number
C.money is used and goods are not exchanged
D.goods are exchanged and money is not used
If one had to save products instead of money, __________.A.this would need years of practice
B.coal, for example, would lose its value
C.they could not be stored for years on end
D.many products would lose their value
How many advantages of money are mentioned in this passage?A.Two
B.Three
C.Four
D.Five
请帮忙给出每个问题的正确答案和分析,谢谢!
It can be inferred from the passage that by 1860 ______.
A.half of the population lived to the west of Appalachian Mountains
B.Americans had long been desirous of new territories
C.westward expansion was a solution to the conflicts between the two parties
D.America's industry was highly developed
Some have argued that such rights are merely luxuries that wealthy societies bestow, but Olson turns that argument around and asserts that such rights are essential to creating wealth. "Incomes are low in most of the countries of the world, in short, because the people in those countries do not have secure individual fights," he says.
Certain simple economic activities, such as food gathering and making handicrafts, rely mostly on individual labor; property is not necessary. But more advanced activities, such as the mass production of goods, require machines and factories and offices. This production is often called capital-intensive, but it is really property-intensive, Olson observes.
"No one would normally engage in capital-intensive production if he or she did not have rights that kept the valuable capital from being taken by bandits, whether roving or stationary," he argues. "There is no private property without government—individuals may have possessions, the way a dog possesses a bone, but there is private property only if the society protects and defends a private right to that possession against other private parties and against the government as well."
Would-be entrepreneurs, no matter how small, also need a government and court system that will make sure people honor their contracts. In fact, the banking systems relied on by developed nations are based on just such an enforceable contract system. "We would not deposit our money in banks.., if we could not rely on the bank having to honor its contract with us, and the bank would not be able to make the profits it needs to stay in business if it could not enforce its loan contracts with borrowers," Olson writes.
Other economists have argued that the poor economies of Third World and communist countries are the result of governments setting both prices and the quantities of goods produced rather than letting a free market determine them. Olson agrees there is some merit to this point of view, but he argues that government intervention is not enough to explain the poverty of these countries. Rather, the real problem is lack of individual rights that give people incentive to generate wealth. "If a society has clear and secure individual rights, there are strong incentives(刺激,动力)to produce, invest,, and engage in mutually advantageous trade, and therefore at least some economic advance," Olson concludes.
Which of the following is true about Olson?
A.He was a fiction writer.
B.He edited the book Power and Prosperity.
C.He taught economics at the University of Maryland.
D.He was against the ownership of private property.
What is jurisdiction by designation?
A.The jurisdiction agreed by the parties in their contract to hear their disputes
B.The jurisdiction authorised by the people’s court at a higher level to try cases of first instance
C.The jurisdiction decided by people’s courts at the same level, if all these courts have jurisdiction over a particular case
D.The jurisdiction decided in accordance with the location of the subject matter
When an Englishman passes a friend in the street he does not always stop to talk. He may just nod, say “hello” and pass on. If two friends do stop to talk, they do not shake hands. It is only at parties for young people(students, for instance)that a person could go up to someone he does not know and introduce himself. On more formal occasions or at parties run by older people a guest always waits to be introduced to someone he does not know by the host, hostess or another guest who he already knows. At even a formal dinner an Englishman does not wait for a toast before he has a drink. The English reserve toasts for very formal or very special occasions. In these cases the toast will usually be accompanied by a short speech, for example, at a wedding reception or at a party for somebody who is retiring. After a private dinner in someone’s house an Englishman will only shake hands with the host and hostess if it is a fairly formal occasion, like a business dinner, and he will usually put his coat on and say goodbye as he leaves the house.
Luckily, like Chinese people, the English usually excuse foreign students over matters of etiquette. But even so, perhaps the safest advice for the overseas student, no matter what country he is visiting, is to follow the old proverb: when in Rome, do as the Romans do.
1.What will a person do when he attends a party run by older people? ()A、Go up to a stranger and introduce himself.
B、Ask his friend to introduce him to others.
C、Give a speech in front of others to introduce himself.
D、Wait to be introduced by the hoss/hostess.
2.Which of the following best explains the proverb: when in Rome, do as the Romans do. ()
A、If you go to Rome, you must do things like the Romans.
B、When you go to a foreign country, you should learn something about their manners.
C、Romans always do the right thing, so you should follow them.
D、Manners in Roman are as easy to follow as in other countries.