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[单选题]

After tracking the group for six years,researchers found that short sleep time had a h

A.health

B.death rate

C.longevity

D.disease

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第1题
Many g!rls,the passage claims,are now likely to__________ .A.give up their jobs for good a

Many g!rls,the passage claims,are now likely to__________ .

A.give up their jobs for good after they are married

B.leave school as soon as they can

C.marry so that they can get a job

D.continue working until they are going to have a baby

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第2题
A 0. 2236 g sample of lime stone was dissolved in dilute HCL. After .(NH4)2C
A 0. 2236 g sample of lime stone was dissolved in dilute HCL. After .(NH4)2C

2O4was introduced and the pH of the resulting solution was adjusted to permit the quantitative precipitation of CaC2O4, the solid was isolated by filtration, washed free excess C2O42-,and dissolved in dilute H2SO4. Titration of the liberated H2C2O4, required 26.77mLof 0.02356 mol·L-1KMnO4. Calculation the mass fraction of CaO in the sample.

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第3题
Section B – TWO questions ONLY to be attemptedPerkin manufactures electronic components fo

Section B – TWO questions ONLY to be attempted

Perkin manufactures electronic components for export worldwide, from factories in Ceeland, for use in smartphones and hand held gaming devices. These two markets are supplied with similar components by two divisions, Phones Division (P) and Gaming Division (G). Each division has its own selling, purchasing, IT and research and development functions, but separate IT systems. Some manufacturing facilities, however, are shared between the two divisions.

Perkin’s corporate objective is to maximise shareholder wealth through innovation and continuous technological improvement in its products. The manufacturers of smartphones and gaming devices, who use Perkin’s components, update their products frequently and constantly compete with each other to launch models which are technically superior.

Perkin has a well-established incremental budgeting process. Divisional managers forecast sales volumes and costs months in advance of the budget year. These divisional budgets are then scrutinised by the main board, and revised significantly by them in line with targets they have set for the business. The finalised budgets are often approved after the start of the accounting year. Under pressure to deliver consistent returns to institutional shareholders, the board does not tolerate failure by either division to achieve the planned net profit for the year once the budget is approved. Last year’s results were poor compared to the annual budget. Divisional managers, who are appraised on the financial performance of their own division, have complained about the length of time that the budgeting process takes and that the performance of their divisions could have been better but was constrained by the budgets which were set for them.

In P Division, managers had failed to anticipate the high popularity of a new smartphone model incorporating a large screen designed for playing games, and had not made the necessary technical modifications to the division’s own components. This was due to the high costs of doing so, which had not been budgeted for. Based on the original sales forecast, P Division had already committed to manufacturing large quantities of the existing version of the component and so had to heavily discount these in order to achieve the planned sales volumes.

A critical material in the manufacture of Perkin’s products is silver, which is a commodity which changes materially in price according to worldwide supply and demand. During the year supplies of silver were reduced significantly for a short period of time and G Division paid high prices to ensure continued supply. Managers of G Division were unaware that P Division held large inventories of silver which they had purchased when the price was much lower.

Initially, G Division accurately forecasted demand for its components based on the previous years’ sales volumes plus the historic annual growth rate of 5%. However, overall sales volumes were much lower than budgeted. This was due to a fire at the factory of their main customer, which was then closed for part of the year. Reacting to this news, managers at G Division took action to reduce costs, including closing one of the three R&D facilities in the division.

However, when the customer’s factory reopened, G Division was unwilling to recruit extra staff to cope with increased demand; nor would P Division re-allocate shared manufacturing facilities to them, in case demand increased for its own products later in the year. As a result, Perkin lost the prestigious preferred supplier status from their main customer who was unhappy with G Division’s failure to effectively respond to the additional demand. The customer had been forced to purchase a more expensive, though technically superior, component from an alternative manufacturer.

The institutional shareholders’ representative, recently appointed to the board, has asked you as a performance management expert for your advice. ‘We need to know whether Perkin’s budgeting process is appropriate for the business, and how this contributed to last year’s poor performance’, she said, ‘and more importantly, how do we need to change the process to prevent this happening in the future, such as a move to beyond budgeting.’

Required:

(a) Evaluate the weaknesses in Perkin’s current budgeting system and whether it is suitable for the environment in which Perkin operates. (13 marks)

(b) Evaluate the impact on Perkin of moving to beyond budgeting. (12 marks)

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第4题
A. agoB. beforeC. sinceD. after

A.ago

B. before

C. since

D. after

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第5题
[A] looking for[B] looking into[C] looking after[D] looking over

[A] looking for [B] looking into [C] looking after [D] looking over

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第6题
[A] after [B] since [C] as [D] from

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第7题
[A]in [B]by [C]after [D]over

[A] in [B] by [C] after [D] over

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第8题
I saw my dog ________ a cat yesterday.A.run awayB.runC.set outD.run after

I saw my dog ________ a cat yesterday.

A.run away

B.run

C.set out

D.run after

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第9题
After all efforts in vain, he had to accept the result______.A.regularlyB.shallowlyC.physi

After all efforts in vain, he had to accept the result______.

A.regularly

B.shallowly

C.physically

D.painfully

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