题目内容
（请给出正确答案）
(ii) Assuming the new structure is implemented with effect from 1 August 2006, calculate the level of
management charge that should be made by Bold plc to Linden Limited for the year ended 31 July
2007, so as to minimise the group’s overall corporation tax (CT) liability for that year. (2 marks)
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(ii) Assuming the relief in (i) is available, advise Sharon on the maximum amount of cash she could receive
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In relation to the law of contract:
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(i) a counter-offer; (3 marks)
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(b) Shiny Happy Windows Co (SHW) is a window cleaning company. Customers’ windows are cleaned monthly, the window cleaner then posts a stamped addressed envelope for payment through the customer’s front door.
SHW has a large number of receivable balances and these customers pay by cheque or cash, which is received in the stamped addressed envelopes in the post. The following procedures are applied to the cash received cycle:
1. A junior clerk from the accounts department opens the post and if any cheques or cash have been sent, she records the receipts in the cash received log and then places all the monies into the locked small cash box.
2. The contents of the cash box are counted each day and every few days these sums are banked by which ever member of the fi nance team is available.
3. The cashier records the details of the cash received log into the cash receipts day book and also updates the sales ledger.
4. Usually on a monthly basis the cashier performs a bank reconciliation, which he then fi les, if he misses a month then he catches this up in the following month’s reconciliation.
Required:
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(ii) Suggest controls to address each of these defi ciencies; and (3 marks)
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本题利用数据集401KSUBS.RAW， 仅考虑无子女的已婚夫妇(marr=1，fsize=2) 。
(i)用OLS估计方程
二次项通过减去inc和age的最小值而加以修正， 所以β是inc在inc=10时对net tfa的偏效应，β3是age在age=25时对ne nfa的偏效应。报告通常的标准误和异方差-稳健的标准误。
(ii)利用一个异方差-稳健的检验， 检验inc和age的联合显著性。
The doctor was （） an operation tosave the patient's life.
A.acting
B.limiting
C.performing
D.assuming
(c) Assuming that she will survive until July 2009, advise on the lifetime inheritance tax (IHT) planning
measures that could be undertaken by Debbie, quantifying the savings that can be made. (7 marks)
For this question you should assume that the rates and allowances for 2004/05 apply throughout.
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A．Confirmed irrevocable documentary credit
B．Open account
C．Documentary collection D/A
D．None of the above
A.when a new Master assumes command
B.daily，at 0800 local zone time
C.weekly，before 2400 Saturday
D.immediately after assuming the watch
(d) Advise Trent Limited of the consequences arising from the submission of the incorrect value added tax (VAT)
return, assuming that the company has previously had a good compliance record with regard to accounting
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