ACCA英国注册会计师试题及答案_ACCA英国注册会计师考试练习题P136-新东方在线职业题库

According to IAS 38 Intangible assets, which of the following statements concerning the accountingtreatment of research and development expenditure are true?

1 If certain criteria are met, research expenditure may be recognised as an asset.

2 Research expenditure, other than capital expenditure on research facilities, should be recognised as an expense as

incurred.

3 In deciding whether development expenditure qualifies to be recognised as an asset, it is necessary to consider whether

there will be adequate finance available to complete the project.

4 Development expenditure recognised as an asset must be amortised over a period not exceeding five years.

5 The financial statements should disclose the total amount of research and development expenditure recognised as an

expense during the period.

A

1, 4 and 5

B

2, 4 and 5

C

2, 3 and 4

D

2, 3 and5

According to IAS 38 Intangible assets, which of the following statements are correct?

1 Research expenditure should not be capitalised.

2 Intangible assets are never amortised.

3 Development expenditure must be capitalised if certain conditions are met.

A

1 and 3 only

B

1 and 2 only

C

2 and 3 only

D

All three statements are correct

Which of the following statements concerning the incorporation of terms into contracts is correct?

A

A history of consistent dealings between the parties is not sufficient to incorporate terms into a contract

B

Particularly unusual or onerous terms in a contract must be sufficiently highlighted

C

A person is not bound by a contract they have signed if they have not read it

A term may be implied into a contract by

(i) Statute

(ii) Trade practice, unless an express term overrides it

(iii) The court, to provide for events not contemplated by the parties

(iv) The court, to give effect to a term which the parties had agreed upon but failed to express because it was obvious

(v) The court, to override an express term which is contrary to normal custom

A

(ii) and (iii) only

B

(i), (ii) and (iv) only

C

(i), (iv) and (v) only

D

(i), (ii), (iv) and (v) only

Which of the following actions can a party take where a term of a contract proves untrue?

A

Sue for breach of contract

B

Sue for misrepresentation

C

Sue for wrongful contract

Which of the following statements is true regarding representations?

A

A representation is not a term of a contract

B

A representation does not induce the formation of a contract

C

A representation is a statement made after a contract was formed

Which of the following statements regarding implied terms is correct?

A

Terms may be implied into a contract by statute

B

The courts do not interfere in contracts by implying terms

C

Terms implied into contracts by custom may not be overridden by express terms to the contrary

In relation to contract law, which of the following describes a warranty?

A

A term vital to the contract, that if breached, entitles the injured party to treat the contract as discharged

B

A term subsidiary to the main purpose of the contract, that if breached, entitles the injured party to claim damages

C

A term that is not expressly stated by the parties

Which of the following statements concerning the Consumer Rights Act 2015 is correct?

A

The Act applies to consumer contracts but not to consumer notices

B

Businesses are not protected by the Act

C

All terms in a consumer contract should be set out in plain, intelligible language

In relation to exclusion clauses, which of the following describes the contra proferentem rule?

A

Exclusion clauses are valid unless unreasonable

B

Any ambiguity in exclusion clauses are interpreted against the person seeking to rely on them

C

Exclusion clauses must be validly incorporated into the contract

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