The majority of aircraft has()passenger doors on the left of the cabin.
A.1
B.2
C.3
D.4
A.1
B.2
C.3
D.4
A.election
B.campaign
C.poll
D.vote
A.conscience
B.permission
C.result
D.complaint
A.maximum
B.majority
C.optimum
D.minority
A.Aluminium
B.plastic
C.carbon
D.iron
The majority of our students ______the life of these native people.
A. have never heard of
B. has heard about
C. has never heard of
D. have never listened to
(6)
A.The majority of smart cards users are governments and commercial organizations.
B.Many users of smart cards are powerful in governments and commercial organizations.
C.The dominant users of smart cards are banks in China by now.
D.The dominant users of smart cards used to he banks in China.
Harry, the managing director of Gilt Ltd, has been approached by Itt plc in respect of its making a takeover bid for Gilt Ltd. Itt plc has given Harry what is described as a facility fee of £50,000 for ensuring that the takeover is successful.
At the next board meeting Harry convinces the other directors that the take-over bid is in the long-term interest of Gilt Ltd, but they are concerned that the holders of the majority of the issued share capital will not approve of the takeover.
In order to ensure the success of the takeover, the directors of Gilt Ltd agree that they should allot suffi cient new shares to Itt plc to ensure that a new majority of members will support the takeover.
After the allocation of the shares to Itt plc a general meeting is called to consider the takeover and it is approved, with Itt plc voting in favour.
May, a substantial shareholder in Gilt Ltd has subsequently found out about the actions of Itt plc, Harry and the other directors.
Required:
Advise May as to the legality of the share allotment and as to what action can be taken against Harry.
5 International Financial Reporting Standards (IFRSs) are primarily designed for use by publicly listed companies and
in many countries the majority of companies using IFRSs are listed companies. In other countries IFRSs are used as
national Generally Accepted Accounting Practices (GAAP) for all companies including unlisted entities. It has been
argued that the same IFRSs should be used by all entities or alternatively a different body of standards should apply
to small and medium entities (SMEs).
Required:
(a) Discuss whether there is a need to develop a set of IFRSs specifically for SMEs. (7 marks)
The following statements have been made about environmental cost accounting:
(1) The majority of environmental costs are already captured within a typical organisation’s accounting system. The difficulty lies in identifying them
(2) Input/output analysis divides material flows within an organisation into three categories: material flows; system flows; and delivery and disposal flows
Which of the above statements is/are true?
A.1 only
B.2 only
C.Neither 1 nor 2
D.Both 1 and 2