单选题China launched its second()space flight in October 2005.AmanBmanedCmanningDmanned

单选题
China launched its second()space flight in October 2005.
A

man

B

maned

C

manning

D

manned


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–When is the National Day of China? –____________________. (A) It’s January 1st(B) It’s October 1st(C) It’s May 1st(D) It’s August 1st

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Additionally the directors wish to know how the provision for deferred taxation would be calculated in the followingsituations under IAS12 ‘Income Taxes’:(i) On 1 November 2003, the company had granted ten million share options worth $40 million subject to a twoyear vesting period. Local tax law allows a tax deduction at the exercise date of the intrinsic value of the options.The intrinsic value of the ten million share options at 31 October 2004 was $16 million and at 31 October 2005was $46 million. The increase in the share price in the year to 31 October 2005 could not be foreseen at31 October 2004. The options were exercised at 31 October 2005. The directors are unsure how to accountfor deferred taxation on this transaction for the years ended 31 October 2004 and 31 October 2005.(ii) Panel is leasing plant under a finance lease over a five year period. The asset was recorded at the present valueof the minimum lease payments of $12 million at the inception of the lease which was 1 November 2004. Theasset is depreciated on a straight line basis over the five years and has no residual value. The annual leasepayments are $3 million payable in arrears on 31 October and the effective interest rate is 8% per annum. Thedirectors have not leased an asset under a finance lease before and are unsure as to its treatment for deferredtaxation. The company can claim a tax deduction for the annual rental payment as the finance lease does notqualify for tax relief.(iii) A wholly owned overseas subsidiary, Pins, a limited liability company, sold goods costing $7 million to Panel on1 September 2005, and these goods had not been sold by Panel before the year end. Panel had paid $9 millionfor these goods. The directors do not understand how this transaction should be dealt with in the financialstatements of the subsidiary and the group for taxation purposes. Pins pays tax locally at 30%.(iv) Nails, a limited liability company, is a wholly owned subsidiary of Panel, and is a cash generating unit in its ownright. The value of the property, plant and equipment of Nails at 31 October 2005 was $6 million and purchasedgoodwill was $1 million before any impairment loss. The company had no other assets or liabilities. Animpairment loss of $1·8 million had occurred at 31 October 2005. The tax base of the property, plant andequipment of Nails was $4 million as at 31 October 2005. The directors wish to know how the impairment losswill affect the deferred tax provision for the year. Impairment losses are not an allowable expense for taxationpurposes.Assume a tax rate of 30%.Required:(b) Discuss, with suitable computations, how the situations (i) to (iv) above will impact on the accounting fordeferred tax under IAS12 ‘Income Taxes’ in the group financial statements of Panel. (16 marks)(The situations in (i) to (iv) above carry equal marks)

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共用题干第二篇The Mir Space StationThe Russian Mir Space Station,which came down in 2001 at last after 15 years of pioneering the concept of long-term human space flight,is remembered for its accomplishments in the human space flight history.It can be credited with many firsts in space.During Mir's lifetime,Russia spent about US $4.2 billion to build and maintain the station.The Soviet Union launched Mir,which was designed to last from three to five years,on February 20, 1986,and housed 104 astronauts over 12 years and seven months,most of whom were not Russian.In fact, it became the first international space station by playing host to 162 people from 1 1 countries.From 1995 through 1998,seven astronauts from the United States took turns living on Mir for up to six months each.They were among the 37 Americans who visited the station during nine stopovers by space shuttles.The more than 400 million the United States provided Russian for the visits not only kept Mir operating,but also gave the Americans and their partners in the international station project valuable experience in long-term flight and multinational operations.A debate continues over Mir's contributions to science.During its existence,Mir was the laboratory for 23,000 experiments and carried scientific equipment,estimated to be worth $80 million,from many nations.Experiments on Mir are credited with a range of findings,from the first solid measurement of the ration of heavy helium(氦)atoms in space to how to grow wheat in space.But for those favouring human space exploration,Mir showed that people could live and work in space long enough for a trip to Mars.The longest single stay in space is the 437.7 days that Russian astronaut Valery Polyakov spent on Mir from 1994 to 1995.And Sergie Avdeyev accumulated 747.6 days in space in three trips to the space station.The longest American stay was that of Shannon Lucid,who spent 188 days aboard Mir in 1996.Despite the many firsts Mir accomplished,1997 was a bad year out of 15 for Mir.In 1997,an oxygen generator caught fire.Later,the main computer system broke down,causing the station to drift several times and there were power failures.Most of these problems were repaired,with American help and suppliers,but Mir's reputation as a space station was ruined.Mir's setbacks are nothing,though,when we compare them with its accomplishments.Mir was a tremendous success,which will be remembered as a milestone in space exploration and the space station that showed long-term human habitation in space was possible.But it's time to move on to the next generation.The International Space Station being built will be better,but it owes a great debt to Mir.What happened to Mir in 1997?A:It ran out of its fund.B:Its main computer system broke down.C:It was completely damaged by fire.D:Its reputation was ruined due to power failures.

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共用题干第二篇The Mir Space StationThe Russian Mir Space Station,which came down in 2001 at last after 15 years of pioneering the concept of long-term human space flight,is remembered for its accomplishments in the human space flight history.It can be credited with many firsts in space.During Mir's lifetime,Russia spent about US $4.2 billion to build and maintain the station.The Soviet Union launched Mir,which was designed to last from three to five years,on February 20, 1986,and housed 104 astronauts over 12 years and seven months,most of whom were not Russian.In fact, it became the first international space station by playing host to 162 people from 1 1 countries.From 1995 through 1998,seven astronauts from the United States took turns living on Mir for up to six months each.They were among the 37 Americans who visited the station during nine stopovers by space shuttles.The more than 400 million the United States provided Russian for the visits not only kept Mir operating,but also gave the Americans and their partners in the international station project valuable experience in long-term flight and multinational operations.A debate continues over Mir's contributions to science.During its existence,Mir was the laboratory for 23,000 experiments and carried scientific equipment,estimated to be worth $80 million,from many nations.Experiments on Mir are credited with a range of findings,from the first solid measurement of the ration of heavy helium(氦)atoms in space to how to grow wheat in space.But for those favouring human space exploration,Mir showed that people could live and work in space long enough for a trip to Mars.The longest single stay in space is the 437.7 days that Russian astronaut Valery Polyakov spent on Mir from 1994 to 1995.And Sergie Avdeyev accumulated 747.6 days in space in three trips to the space station.The longest American stay was that of Shannon Lucid,who spent 188 days aboard Mir in 1996.Despite the many firsts Mir accomplished,1997 was a bad year out of 15 for Mir.In 1997,an oxygen generator caught fire.Later,the main computer system broke down,causing the station to drift several times and there were power failures.Most of these problems were repaired,with American help and suppliers,but Mir's reputation as a space station was ruined.Mir's setbacks are nothing,though,when we compare them with its accomplishments.Mir was a tremendous success,which will be remembered as a milestone in space exploration and the space station that showed long-term human habitation in space was possible.But it's time to move on to the next generation.The International Space Station being built will be better,but it owes a great debt to Mir.We can learn from the passage that the Mir Space Station______.A:was designed to last over 5 yearsB:played host to 7 astronauts from different countriesC:was visited only by AmericansD:was built by Russians

共用题干第二篇The Mir Space StationThe Russian Mir Space Station,which came down in 2001 at last after 15 years of pioneering the concept of long-term human space flight,is remembered for its accomplishments in the human space flight history.It can be credited with many firsts in space.During Mir's lifetime,Russia spent about US $4.2 billion to build and maintain the station.The Soviet Union launched Mir,which was designed to last from three to five years,on February 20, 1986,and housed 104 astronauts over 12 years and seven months,most of whom were not Russian.In fact, it became the first international space station by playing host to 162 people from 1 1 countries.From 1995 through 1998,seven astronauts from the United States took turns living on Mir for up to six months each.They were among the 37 Americans who visited the station during nine stopovers by space shuttles.The more than 400 million the United States provided Russian for the visits not only kept Mir operating,but also gave the Americans and their partners in the international station project valuable experience in long-term flight and multinational operations.A debate continues over Mir's contributions to science.During its existence,Mir was the laboratory for 23,000 experiments and carried scientific equipment,estimated to be worth $80 million,from many nations.Experiments on Mir are credited with a range of findings,from the first solid measurement of the ration of heavy helium(氦)atoms in space to how to grow wheat in space.But for those favouring human space exploration,Mir showed that people could live and work in space long enough for a trip to Mars.The longest single stay in space is the 437.7 days that Russian astronaut Valery Polyakov spent on Mir from 1994 to 1995.And Sergie Avdeyev accumulated 747.6 days in space in three trips to the space station.The longest American stay was that of Shannon Lucid,who spent 188 days aboard Mir in 1996.Despite the many firsts Mir accomplished,1997 was a bad year out of 15 for Mir.In 1997,an oxygen generator caught fire.Later,the main computer system broke down,causing the station to drift several times and there were power failures.Most of these problems were repaired,with American help and suppliers,but Mir's reputation as a space station was ruined.Mir's setbacks are nothing,though,when we compare them with its accomplishments.Mir was a tremendous success,which will be remembered as a milestone in space exploration and the space station that showed long-term human habitation in space was possible.But it's time to move on to the next generation.The International Space Station being built will be better,but it owes a great debt to Mir.What is the author's attitude toward Mir?A:Indifferent.B:Favorable.C:Ironic.D:Negative.

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China launched its second()space flight in October 2005.AmanBmanedCmanningDmanned

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单选题China launched its second()space flight in October 2005.AmanBmanedCmanningDmanned