快速查题-ACCA英国注册会计师试题

Fill in the blanks. 

 Ideally, a transfer price should be set that enables the individual divisions to maximise their profits at a level of output that maximises ……………………. . 

 The transfer price which achieves this is unlikely to be a ……………….. transfer price or a ……………. transfer price.  

 If optimum decisions are to be taken, transfer prices should reflect …………………. . 

There are two profit centres, A and B. Profit centre A transfers a product to profit centre B, but could also sell the product in an external market at a price of $30. The marginal cost of making the product in profit centre A is $8 per unit and the full cost is $14 per unit. There would be a variable cost of $1 per unit for sales and distribution to customers in the external market, but no such costs for internal transfers. 

To avoid disputes between the profit centre managers, what should be the transfer price for the product? 

$ _______

 Division Y of Chardonnay currently has capital employed of $100,000 and earns an annual profit after depreciation of $18,000. The divisional manager is considering an investment of $10,000 in an asset which will have a ten-year life with no residual value and will earn a constant annual profit after depreciation of $1,600. The cost of capital is 15%. 

Calculate the following and comment on the results. 

(i) The return on divisional investment before and after the new investment 

(ii) The divisional residual income before and after the new investment 

 Explain the potential benefits of operating a transfer pricing system within a divisionalised company. 

The rules of capital maintenance exist to primarily protect which of the following parties? 

Which of the following is NOT a valid method that a company may use to reduce its share capital according to the Companies Act 2006? 

Which TWO of the following are true concerning the issuing of a solvency statement by private companies in connection with a reduction of the company's share capital? 

(1) A solvency statement must be made 15 days in advance of the meeting where the special resolution concerning the reduction will be voted on  

(2) Only the Chairman and Finance Director of the company must be named on the statement. 

(3) The statement must declare that there are no grounds to suspect the company will be unable to pay its debts for the next six months

 (4) It is an offence to make a solvency statement without reasonable grounds for the opinion expressed in it 

 Which of the following statements concerning public companies reducing their share capital is correct? 

 What is the name given to dividends that are paid part of the way through a company's financial year?