(c) Software Supply Co. (4 marks)
(c) Software Supply Co. (4 marks)
相关考题：
(b) Explain how Perfect Shopper might re-structure its upstream supply chain to address the problems identifiedin the scenario. (10 marks)
(c) Explain how Perfect Shopper might re-structure its downstream supply chain to address the problemsidentified in the scenario. (10 marks)
(iii) A statement on the importance of confidentiality in the financing of the early stage working capital needsand an explanation of how this conflicts with the duty of transparency in matters of corporategovernance. (6 marks)Professional marks for layout, logical flow and persuasiveness of the statement. (4 marks)
(c) Assess the likely criteria which would need to be satisfied for software to be regarded as ‘quality software’.(4 marks)
(iii) Whether or not you agree with the statement of the marketing director in note (9) above. (5 marks)Professional marks for appropriateness of format, style. and structure of the report. (4 marks)
(b) State, with reasons, the principal additional information that should be made available for your review ofRobson Construction Co. (8 marks)
(c) Explain the possible impact of RBG outsourcing its internal audit services on the audit of the financialstatements by Grey Co. (4 marks)
In relation to company law, explain:(a) the limitations on the use of company names; (4 marks)(b) the tort of ‘passing off’; (4 marks)(c) the role of the company names adjudicators under the Companies Act 2006. (2 marks)
(c) Identify and discuss the ethical and professional matters raised at the inventory count of LA Shots Co.(6 marks)
4 You are an audit manager in Smith Co, a firm of Chartered Certified Accountants. You have recently been maderesponsible for reviewing invoices raised to clients and for monitoring your firm’s credit control procedures. Severalmatters came to light during your most recent review of client invoice files:Norman Co, a large private company, has not paid an invoice from Smith Co dated 5 June 2007 for work in respectof the financial statement audit for the year ended 28 February 2007. A file note dated 30 November 2007 statesthat Norman Co is suffering poor cash flows and is unable to pay the balance. This is the only piece of informationin the file you are reviewing relating to the invoice. You are aware that the final audit work for the year ended28 February 2008, which has not yet been invoiced, is nearly complete and the audit report is due to be issuedimminently.Wallace Co, a private company whose business is the manufacture of industrial machinery, has paid all invoicesrelating to the recently completed audit planning for the year ended 31 May 2008. However, in the invoice file younotice an invoice received by your firm from Wallace Co. The invoice is addressed to Valerie Hobson, the managerresponsible for the audit of Wallace Co. The invoice relates to the rental of an area in Wallace Co’s empty warehouse,with the following comment handwritten on the invoice: ‘rental space being used for storage of Ms Hobson’sspeedboat for six months – she is our auditor, so only charge a nominal sum of $100’. When asked about the invoice,Valerie Hobson said that the invoice should have been sent to her private address. You are aware that Wallace Cosometimes uses the empty warehouse for rental income, though this is not the main trading income of the company.In the ‘miscellaneous invoices raised’ file, an invoice dated last week has been raised to Software Supply Co, not aclient of your firm. The comment box on the invoice contains the note ‘referral fee for recommending Software SupplyCo to several audit clients regarding the supply of bespoke accounting software’.Required:Identify and discuss the ethical and other professional issues raised by the invoice file review, and recommendwhat action, if any, Smith Co should now take in respect of:(a) Norman Co; (8 marks)
Which of the following should be kept in uninterruptible power supply (UPS) documentation records?() A. Antivirus software versionB. Battery replacement dateC. Wire shelving diagramD. IP address for network printerE. Shutdown delay timing
(a) List and explain FOUR methods of selecting a sample of items to test from a population in accordance with ISA 530 (Redrafted) Audit Sampling and Other Means of Testing. (4 marks)(b) List and explain FOUR assertions from ISA 500 Audit Evidence that relate to the recording of classes oftransactions. (4 marks)(c) In terms of audit reports, explain the term ‘modified’. (2 marks)
Following a competitive tender, your audit firm Cal Co has just gained a new audit client Tirrol Co. You are the manager in charge of planning the audit work. Tirrol Co’s year end is 30 June 2009 with a scheduled date to complete the audit of 15 August 2009. The date now is 3 June 2009.Tirrol Co provides repair services to motor vehicles from 25 different locations. All inventory, sales and purchasing systems are computerised, with each location maintaining its own computer system. The software in each location isthe same because the programs were written specifically for Tirrol Co by a reputable software house. Data from each location is amalgamated on a monthly basis at Tirrol Co’s head office to produce management and financial accounts.You are currently planning your audit approach for Tirrol Co. One option being considered is to re-write Cal Co’s audit software to interrogate the computerised inventory systems in each location of Tirrol Co (except for head office)as part of inventory valuation testing. However, you have also been informed that any computer testing will have to be on a live basis and you are aware that July is a major holiday period for your audit firm.Required:(a) (i) Explain the benefits of using audit software in the audit of Tirrol Co; (4 marks)(ii) Explain the problems that may be encountered in the audit of Tirrol Co and for each problem, explainhow that problem could be overcome. (10 marks)(b) Following a discussion with the management at Tirrol Co you now understand that the internal audit department are prepared to assist with the statutory audit. Specifically, the chief internal auditor is prepared to provide you with documentation on the computerised inventory systems at Tirrol Co. The documentation provides details of the software and shows diagrammatically how transactions are processed through the inventory system. This documentation can be used to significantly decrease the time needed to understand the computer systems and enable audit software to be written for this year’s audit.Required:Explain how you will evaluate the computer systems documentation produced by the internal auditdepartment in order to place reliance on it during your audit. (6 marks)
Ms Huang, a shareholder of the Daqing Limited Liability Company (Daqing), found that the general manager, Mr Ding, had accepted bribes from several suppliers, which materially caused losses to Daqing, and adversely affected the interests of all shareholders.Further examination, through a Certified Public Accountant firm, disclosed that there were a lot of affiliated transactions between Daqing and Everbright Co, which was the majority shareholder of Daqing. Mr Ding was recommended by Everbright Co and appointed by Daqing’s board of directors, which was substantially influenced by Everbright Co. With a series of such transactions Daqing transferred huge profits to Everbright Co and adversely affected Daqing.Required:(a) State whether Ms Huang was entitled to take legal action against Mr Ding for his illegal behaviour of accepting bribes which adversely affected all the shareholders. (2 marks)(b) State TWO different legal actions Ms Huang was entitled to take to protect the rights of Daqing and its shareholders due to the affiliated transactions with Everbright Co. (4 marks)
“Pay to ABC CO. or order the sum of one thousand US dollars provided that the goods they supply are up to the standard.”该汇票是仍是有效汇票。A对B错
“Pay to ABC CO. or order the sum of one thousand US dollars provided that the goods they supply are up to the standard.”该汇票是仍是有效汇票。
下列满足无条件支付命令的是（）A、Pay to ABC Co. one thousand US dollars providing the goods they supply are complied with contract.B、Pay from our No.2 account to ABC Co. one thousand US dollars.C、Pay to ABC Co. one thousand US dollars and debit our No.2 account.D、Pay to ABC Co. one thousand US dollars drawn under L/C No.123 issued by NY BANK dated on Dec 1st，2003.
根据下列的汇票记载，可判定记载为（）的汇票为有效汇票。A、Pay to Tom Co. or order the sum of two thousand US dollars.B、Pay to Tom Co. providing the goods they supply are complied with contract the sum of five hundred US dollars.C、Pay to Tom Co. out of the proceeds in applicant’s No.3 account with us the sum of three thousand US dollars.D、Pay to Tom Co. the sum of four thousand US dollars upon receipt of Bill of Lading No.1235.
Which of the following should be kept in uninterruptible power supply （UPS） documentation records？（）A、 Antivirus software versionB、 Battery replacement dateC、 Wire shelving diagramD、 IP address for network printerE、 Shutdown delay timing
A successful authentication attempt by a RADIUS server does not supply a username to the JUNOS software. Which username is used by default？（）A、rootB、localC、radiusD、remote
判断题“Pay to ABC CO. or order the sum of one thousand US dollars provided that the goods they supply are up to the standard.”该汇票是仍是有效汇票。A对B错
多选题What bills are invalid？以下那些票据是有效的？（）APay to M Co. or order the sum of one thousand US dollars.”BPay to M Co. providing the goods they supply are complied with contract the sum of one thousand US dollars.”C“Pay to M Co. out of the proceeds in our No. 1 account the sum of one thousand US dollars.”D“Pay to M Co or order the sum of one thousand US dollars and charge/debit same to applicant’s account maintained with you.”E“Pay to the order of ABC Co. the sum of one thousand US dollars plus interest
多选题Which of the following should be kept in uninterruptible power supply (UPS) documentation records?（）AAntivirus software versionBBattery replacement dateCWire shelving diagramDIP address for network printerEShutdown delay timing
单选题根据下列的汇票记载，可判定记载为（）的汇票为有效汇票。APay to Tom Co. or order the sum of two thousand US dollars.BPay to Tom Co. providing the goods they supply are complied with contract the sum of five hundred US dollars.CPay to Tom Co. out of the proceeds in applicant’s No.3 account with us the sum of three thousand US dollars.DPay to Tom Co. the sum of four thousand US dollars upon receipt of Bill of Lading No.1235.