题目内容
（请给出正确答案）
A.5 nautical miles from nearest land
B.12 nautical miles from nearest land
C.25 nautical miles from nearest land
D.None of the above
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更多“Vessels to which Annex V to MA…”相关的问题
A.Towing vessels
B.Offshore supply vessels
C.Barges，when manned
D.All of the above
Which of the following statements about the delivery of movables is correct？
A.The assignment of rights in vessels and aircrafts, if unregistered, shall not be enforced against a third party in good faith
B.The creation of rights in movables shall not become effective upon delivery
C.The assignment of rights in vessels and aircrafts shall not become effective without a registration
Which variable factor affects the initial lashing requirements aboard Ro-Ro vessels？
A.Age of vehicle or cargo unit
B.Size and weight of vehicle/cargo unit
C.Reputation of shipper concerning condition of cargo
D.Air pressure in the vehicles tires
A.There shall be at least 3 ventilator ducts open to the atmosphere
B.At least one exhaust duct shall extend from the open atmosphere to the lower portion of the bilge
C.At least one intake duct shall extend from the open atmosphere to the lower portion of the bilge
D.Only vessels using fuel with a flash point above 110°F need ventilate engine and fuel compartments
A.Yours is the give-way vessel because it is less than 30 meters long
B.You shall not impede the safe passage of the tanker
C.The tanker is the stand-on vessel because it is to port of your vessel
D.The tanker is the stand-on vessel because it is the larger of the two vessels
(a) Kayte operates in the shipping industry and owns vessels for transportation. In June 2014, Kayte acquired Ceemone whose assets were entirely investments in small companies. The small companies each owned and operated one or two shipping vessels. There were no employees in Ceemone or the small companies. At the acquisition date, there were only limited activities related to managing the small companies as most activities were outsourced. All the personnel in Ceemone were employed by a separate management company. The companies owning the vessels had an agreement with the management company concerning assistance with chartering, purchase and sale of vessels and any technical management. The management company used a shipbroker to assist with some of these tasks.
Kayte accounted for the investment in Ceemone as an asset acquisition. The consideration paid and related transaction costs were recognised as the acquisition price of the vessels. Kayte argued that the vessels were only passive investments and that Ceemone did not own a business consisting of processes, since all activities regarding commercial and technical management were outsourced to the management company. As a result, the acquisition was accounted for as if the vessels were acquired on a stand-alone basis.
Additionally, Kayte had borrowed heavily to purchase some vessels and was struggling to meet its debt obligations. Kayte had sold some of these vessels but in some cases, the bank did not wish Kayte to sell the vessel. In these cases, the vessel was transferred to a new entity, in which the bank retained a variable interest based upon the level of the indebtedness. Kayte’s directors felt that the entity was a subsidiary of the bank and are uncertain as to whether they have complied with the requirements of IFRS 3 Business Combinations and IFRS 10 Consolidated Financial Statements as regards the above transactions. (12 marks)
(b) Kayte’s vessels constitute a material part of its total assets. The economic life of the vessels is estimated to be 30 years, but the useful life of some of the vessels is only 10 years because Kayte’s policy is to sell these vessels when they are 10 years old. Kayte estimated the residual value of these vessels at sale to be half of acquisition cost and this value was assumed to be constant during their useful life. Kayte argued that the estimates of residual value used were conservative in view of an immature market with a high degree of uncertainty and presented documentation which indicated some vessels were being sold for a price considerably above carrying value. Broker valuations of the residual value were considerably higher than those used by Kayte. Kayte argued against broker valuations on the grounds that it would result in greater volatility in reporting.
Kayte keeps some of the vessels for the whole 30 years and these vessels are required to undergo an engine overhaul in dry dock every 10 years to restore their service potential, hence the reason why some of the vessels are sold. The residual value of the vessels kept for 30 years is based upon the steel value of the vessel at the end of its economic life. At the time of purchase, the service potential which will be required to be restored by the engine overhaul is measured based on the cost as if it had been performed at the time of the purchase of the vessel. In the current period, one of the vessels had to have its engine totally replaced after only eight years. Normally, engines last for the 30-year economic life if overhauled every 10 years. Additionally, one type of vessel was having its funnels replaced after 15 years but the funnels had not been depreciated separately. (11 marks)
Required:
Discuss the accounting treatment of the above transactions in the financial statements of Kayte.
Note: The mark allocation is shown against each of the elements above.
Professional marks will be awarded in question 3 for clarity and quality of presentation. (2 marks)
1. A new difficulty has().
2. We weren't()it to rain.
3. If the wind is(), you will be down the river in no time.
4. I()I had a more confident personality.
5. There are lots of()in the lake.
6. He took fourteen hours for the journey which he had()making in six.
7. We should()the fine weather. Let's go for a picnic.
8. Young people often()to excel over others in work.
9. George()his Doctor's degree last year.
10. We had a lovely evening at().
11. In the nineteenth century a new()of communication was developed- the railway.
12. Ben,()the problem would be solved soon.
13. Now that you're growing up, you must learn to().
14. Ann prefers a job with enough().
15. I'll go to the()to have my hair cut.
16. Parents bear()for their children.
17. Do you know the difference between() plans?
18. He()great difficulty in getting a visa to leave the country.
19. We()you'll be very happy.
20. I bought him a drink()for his help.
【65】 newspapers regularly print letters 【66】 readers with problems. Along 【67】 the letters there are answers written 【68】 people who are supposed to know how to 【69】 such problems. Some of these writers are doctors; 【70】 are lawyers or educators. But two of the most famous writers of advice 【71】women without special training 【72】 this kind of work. One of them answers letters 【73】 to " Dear Abby". The other is addressed 【74】 " Dear Ann Landers". Experience is their preparation for 【75】 advice.
There is one writer who has not lived long 【76】 to have much experience. She is a girl named Angel Cavaliere, who started writing 【77】 for newspaper readers 【78】 the age of ten. Her advice to young readers now 【79】 regularly in the Philadelphia Bulletin in a column 【80】 DEAR ANGEL.
(61)
A．talk
B．ask
C．tell
D．speak
The upward slope of a vessels bottom from the keel to the bilge is called ______.
A.camber
B.sheer
C.rake
D.rise of bottom
The glass vessels should be handled most carefully since they are ________.
A) intricate
B) fragile
C) subtle
D) crisp
