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A small crowd had gathered round the entrance to the park. His curiosity aroused,Robert

crossed the road to see what was happening. He found that the center ofattraction was an old man with a performing monkey. The monkey' s tricks, hesoon discovered, were in no way remarkable so, after throwing a few pennies inthe dirty hat which the man had placed on the pavement, Robert began to moveoff, along with other members of the crowd.Atthis point the man suddenly let out a loud cry. Everyone turned to see what hadhappened. The man was bending over his monkey, which now lay quite still on thepavement. He picked up the apparently lifeless body and, bolding it close tohim, began to weep. A young man stepped forward from the crowd and, taking somemoney from his pocket, dropped it into the hat. Robert and several other peopledid likewise, until the pennies in the hat were covered with silver coins.Meanwhile, the man continued to hold the dead monkey in his arms and seemed totake no notice of what was going on about him. Afew month latter, Robert came across the old man again in another part of thecity. The man had a monkey, bought no doubt with the money which the crowd hadgiven him. It did not, however, seem any better at its tricks than the previousone. Robert was pleased to see that the old man was still able to earn aliving, though on this occasion, having partly paid for the monkey out of hisown pocket, he did not feel inclined to throw any money into the hat. Butthe performance was not yet over! Once again the old man let out a loud cry.Once again the monkey lay still on the pavement. The manpicked up the "dead" monkey and clutching it in his arms began to weep. The same young steppedforward and threw some money into the hat.Again the crowd followed suit一except for Robert. Smiling tohimself, he went on his way, amazed at the man' s audacity.

41. Which of the following is TRUE?

A. The young man was also apasser-by.

B. The old man always entertainedthe people at the same place.

C. The old man let out a loud crybecause he was really sorry to have lost his monkey.

D. Robert did not throw any moneyinto the hat the second time he met the old man .

42. Robert smiled to himself because he().

A. was satisfied with theperformance

B. realized what had happened atlast

C. was amused by the death of thesecond monkey

D. was glad that the second monkeyperformance as well as the first one

43. The word "likewise" (in the secondparagraph) is closest in meaning to ()?

A. like to be wise

B. in the wise way

C. in the sameway

D. in a lovely way

44. What does "followed suit" (in the lastparagraph) mean?

A. followed the example

B. followed the old man

C. followed the writer

D. came afterwards

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更多“A small crowd had gathered rou…”相关的问题
第1题
A young woman rode with her new husband in a wagon(四轮马车).They came to a log cabin (小

A young woman rode with her new husband in a wagon(四轮马车).They came to a log cabin (小木屋). The man shouted and a little boy came running out of the cabin. Sarah,the young woman,got down from the wagon,opened wide her arms and held the boy close.

“Hello,Abe Lincoln,” she said. “I think we’ 11 be good friends. ”

The new mother with the smiling face went to work at once. She washed Abe and his sister and tidied (弄整齐)their hair. And that night she threw away the boy’ s mattress (床塾)of leaves and gave him a soft mattress and enough blankets to keep him \^arm at night.

Sarah wove cloth and made new shirts for Abe. She made him new deerskin trousers and even deerskin shoes.

Maybe,if she hadn ’ t come to the cabin,he wouldn’ t have lived to be a man. When Abe’ s father told him not to go to school any more and help on thejfarm,Sarah took Abe’ s part against his father. Abe would rather read than eat,and when his father t6ld him to stop,Sarah said,“ Let the boy read.

In 1830 the day came when Abe would leave home to Work in New Salem. For the last time she had taken Abe’ s part against his father. For the last time sHe had kept the cabin quiet so that Abe could read.

More than twenty years later, when Abe, who had then become famous, was going to make a speech in a nearby town, Sarah went there just to watch him. In the crowd she tried to make herself small, but he saw her, and in front of everybody, got out of his carriage and went over and put his arms around her and kissed her. Yes,that was her Abe.

‘‘ He loved me truly,’’ she said later. Which of the following is not true?

A.The young woman in the wagon was Abe’ s new mother.

B.The man in the wagon was Abe’ s new father.

C.The little boy was the young woman’ s new son.

D.The little boy running out of the cabin was Ab

If Sarah hadn’ t come to the cabin,_____ .A.Abe’ s father wouldn’ t have told him not to go to school

B.Abe wouldn’ t have helped his father on the farm

C.Abe wouldn’ t have had so much time to read

D.Abe’s father wouldn’t have told him to stop reading

Sarah always took Abe’ s part against his father because she_____.A.wanted to please Abe

B.wished to be good friends with Abe

C.knew Abe didn’ t love reading very much

D.loved Aide truly

Sarah said Abe loved her truly because_____.A.Abe saw her in the crowd though she tried to make herself small

B.Abe didn’ t forget about his mother 20 years later

C.Abe kissed her in front of everybody

D.Abe said this to her himself

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第2题
Wolfgang's father told him he couldn't play the piano yet because______. A. his siste

Wolfgang's father told him he couldn't play the piano yet because______.

A. his sister was taking lessons

B. he had to help his mother

C. he was too small

D. he had to wait for his sister to finish practising

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第3题
Mrs. Peters stopped playing the piano when she began to work. She had lived in a very smal
l flat, and there had been no room for a piano. But when she married, she had .a new flat which was big enough for one. So she decided to get one and her husband agreed and helped her. She saved some money, and her parents gave her a generous amount of money for her birthday. Then she went to a shop and said, "I'll choose whichever piano does not cost too much and fits into my living room.

When she had paid for the piano, the shop assistant asked her if she would like him to get it tuned(调音) every few months. Mrs. Peters agreed.

A few months later she heard from the shop that a man was coming to tune the piano at ten that morning. Now she had not cleaned the house yet, so it was dusty and untidy. Mrs. Peters hated having even the least amount of dirt, and felt ashamed whenever strange people saw her house like that. So she had to hurry to clean everything carefully. It meant a lot of effort, and it made her hot and tired, but anyhow, by the time the man arrived, everything was finished.

She opened the door, and the man was standing there with a big dog. "Good morning," the man said politely, "Will it disturb you if I bring my dog in, please? I' m blind, and he leads me wherever I go."

Mrs. Peters stopped playing the piano ______.

A.because she began to work

B.when she had no room to live in

C.because her flat was too small for a piano

D.when she got married

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第4题
By midday, the small party of boys, led by their schoolmaster, had reached a height of 2,
500 feet. At this point the party had to stop climbing because one of the boys became seriously ill. The only thing the master could do was to return to the mountain hut where they had spent the night. From there, he telephoned the police. As no rescue party could reach the boy quickly enough, the Royal Air Force Rescue Center sent a helicopter with a policeman and a doctor on board. The helicopter soon arrived on the scene, but the Sides of the mountain were so steep that it could not land. A helicopter usually lands on four wheels, but it can land on two. However, the slope was too steep even for that. The pilot, therefore, kept the helicopter in the air with only one wheel touching the mountainside while the party carried the boy on board.

The group of boys had to stop because ______.

A.they had reached the peak

B.one of the boys was badly injured

C.one of the boys was sick

D.they had to return to the hut

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第5题
"Yes, I'll be ready at nine in the morning. Goodbye, dear, and thanks again. "It had not b
een an easy telephone call for Mrs. Robson to make. Her daughter had been very kind, of course, and had immediately agreed to pick her up and drive her to the station, but Mrs. Robson hated to admit (承认) that she needed help. Since her husband had died ten years before, she had prided herself on her independence (独立生活 ). She had continued to live in their little house, alone.

On this evening, however, she was standing at her living-room window, staring out at the SOLD notice in the small front garden. Her feelings were mixed. Naturally she was sad at the thought of leaving the house, as it was full of so many memories. But at the same time she was looking forward to spending her last years near the sea, back in the little seaside town where she had been born. With the money from the sale (出售) of the house, she had bought a little flat there.

She turned from the living room window, and looked round at the room. One or two pieces of furniture remained, covered with sheets (被单). The floor was bare boards, and all her pictures had been taken from the walls. There was a small fish-tank, with two goldfish circling in it. When asked why, her husband used to say, "It's nice to have something alive in the room." Since he had passed away, she had always kept some goldfish, had always had "something alive in the room".

Tim next morning, as her train was pulling out of the station, Mrs. Robson called to her daughter, "Kate, you won't forget to collect the goldfish, will you? The children will love them. It's...""I know," Kate interrupted (打断) gently. "It's nice to have something alive in the room."

But in the little house, the two goldfish had stopped their circling. They were floating (漂浮) on the water, in the room with its bare boards and silent walls.

Mrs. Robson ______.

A.was a very proud person

B.was helpless

C.did not like asking people for favors

D.wanted to live without her husband

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第6题
Three friends decided to sail around the world in a small yacht(游艇). They loaded it with

Three friends decided to sail around the world in a small yacht(游艇). They loaded it with food and water and set off. They traveled to many beautiful places, and were having a wonderful time.

Until one day, when they had been at sea for about a month, a fierce storm blew up.

Great waves crashed(坠毁)down on their little yacht. The mast(船桅) broke and the yacht was soon thrown against some rocks near a deserted island.

The three men were able to struggle to the island, taking with them as much food as they could carry. Not a tree, not a bush, not a flower grew on the island. There was not an animal of any kind, not even a bird or an insect. For a few weeks the three men were able to live on the food they had saved, but at last it was gone--except for one piece of bread. They decided that whoever had the best dream the next night could have the bread. The next morning they took turns describing their dreams.

The first man said that he had dreamed he was in the world's most beautiful restaurant and he had eaten the finest meal of his life and drunk some of the finest wines. He said it was one of the best dreams he had ever had.

The second man described how he had dreamed about a magic carpet. Sitting on this car- pet, he had traveled to all the wonderful places in the world and been the guest of great kings and queens. It had been a truly exciting dream.

The men who had described their dreams then turned to the third man. "Tell us your dream," they said. "My dream was very simple," he said. "I dreamed that the bread was go- ing bad and would soon be moldy(发霉). 1 didn't want to waste the bread, so as soon as I woke up I ate it.

The three men took______.

A.many souvenirs(纪念品) with them

B.no medical supplies with them

C.a large crew with them

D.many provisions(食物贮备) with them

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第7题
根据以下内容回答下列各题, Banks are not ordinarily prepared to pay out all accounts; they
rely on depositors (储户) not to demand payment all at the same time. If depositors should come to fear that a bank is not safe, that it cannot pay off all its depositors, then that fear might cause all the depositors to appear on the same day. If they did, the bank could not pay all accounts. However, if they did not all appear at once, then there would always be enough money to pay those who wanted their money when they wanted it. Mrs. Elsie Vaught has told us of a terrifying bank run that she experienced. One day in December of 1925 several banks failed to open in a city where Mrs. Vaught lived. The other banks expected a run the next day, and so the officers of the bank in which Mrs Vaught worked as a teller had enough money on hand to pay off their depositors. The officers simply told the tellers to pay on demand. The next morning a crowd gathered in the bank and on the sidewalk outside. The length of the line made many think that the bank could not possibly pay off everyone. People began to push and then to fight for places near the tellers windows, The power of the panic atmosphere was such that two tellers, though they knew that the bank was quite all right and could pay all depositors, drew their own money from the bank. Mrs Vaught says that she had difficulty keeping herself from doing the same. A bank run happens when _______.

A.a bank is closed for one or more days

B.too many depositors try to draw out their money at one time

C.there is not enough money to pay all its depositors at one time

D.tellers of a bank take their own money from the bank

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第8题
After having lived for over twenty years in the same district, Albert Hall was forced
to move to a new neighborhood. He surprised his landlord by telling him that he was leaving because he could not afford to buy any more chocolate.

It all began a year ago when Albert Hall returned home one evening and found a large dog in front of his gate. He was very fond of animals and as he happened to have a small piece of chocolate in his pocket, he gave it to the dog. The next day, the dog was there again. It held up its paws (爪子) and received another piece of chocolate as a reward. Albert called his new friend “Bingo”. He never found out the dog's real name, nor who his owner was. However, Bingo appeared regularly every afternoon and it was quite clear that he liked chocolate more than bones. He soon grew dissatisfied with small pieces of chocolate and demanded a large bar a day. If at any time Albert couldn't give it, Bingo got very angry and refused to let him open the gate. Albert was now at Bingo's mercy and had to “buy him” to get into his own house! He spent such a large part of his week's wage to keep Bingo supplied with chocolate that in the end he had to move somewhere else.

1)、Albert had been living in the same district for all his life.

A.T

B.F

2)、Albert decided to move because he was afraid of animals, especially dogs.

A.T

B.F

3)、Bingo waited for Albert every afternoon at the gate because he liked Albert.

A.T

B.F

4)、We can tell from the story that Albert could afford to buy a large bar of chocolate for Bingo every day.

A.T

B.F

5)、Albert had to “buy him” means Albert had to give him chocolate.

A.T

B.F

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第9题
Millions of stars are traveling about in space. A few form. groups which journey together,
but most of them travel alone. And they travel through a universe so large that one star seldom comes near to another.

We believe, however, that some two thousand million years ago, another star wandering through space, happened to come near our sun. Just as the sun and the moon raise tides on the earth, so this star must have raised tides on the surface of the sun. But they were very different from the small tides that are raised in our oceans; a large tidal wave' must have travelled over the surface of the sun, at last forming a mountain so high that we cannot imagine it. As the cause of the disturbance (动荡) came nearer, so the mountain rose higher and higher. And before the star began to move away again, its tidal pull had become so powerful that this mountain was torn to pieces and threw off small parts of itself into space. These small pieces have been going round the sun ever since. They are the planets (行星).

Millions of stars are______.

A.following a regular path in space

B.always travelling together

C.seldom wandering about in the universe

D.moving about without a fixed course

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第10题
(a) Kayte operates in the shipping industry and owns vessels for transportation. In June 2

(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)

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