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P142-新东方在线职业题库

Which of the following statements in relation to effective consideration is correct?

A

It must be both adequate and sufficient

B

It must be adequate but need not be sufficient

C

It must be sufficient but need not be adequate

Which of the following is a rule for valid consideration?

A

Consideration must pass from the promisor

B

Consideration must be adequate but not necessarily sufficient

C

Performance of the promise must be possible

D

The promise must be given in writing

Certain contracts may be made orally but are not enforceable unless they are evidenced in writing.

Which of the following contracts must be evidenced in writing?

A

A lease for more than three years

B

A conveyance

C

A contract of guarantee

D

A promise not supported by consideration

In which TWO of the following contracts will intention to create legal relations be presumed?

(1) A contract between a man and his brother in relation to the transfer of property between them

(2) A contract between two friends for one to wash the other's car

(3) A contract between a mother and daughter for the daughter to pay the mother housekeeping money while she lives at home

(4) A contract of employment between a company and an employee

A

1 and 2

B

1 and 4

C

2 and 3

D

3 and 4

Holding companies may give creditors of their subsidiary companies a 'letter of comfort' regarding the ability of the subsidiary to pay its debts.

What is the legal effect of a 'letter of comfort'?

A

It is legally binding on the holding company only

B

It is legally binding on the subsidiary company only

C

It is legally binding on the holding company and subsidiary company

D

It is not legally binding on the holding company or subsidiary company

For a product that has a positive unit contribution^ which of the following events would tend to increase total contribution by the greatest amount?

A

10% decrease in variable cost

B

10% increase in selling price

C

10% increase in volume sold

D

15% decrease in total fixed costs

A company calculates the prices of jobs by adding overheads to the prime cost and adding 30% to total costs as a mark up. Job number Y256 was sold for $1,690 and incurred overheads of $694. What was the prime cost of the job?

A

$489

B

$606

C

$996

D

$1,300

A company operates a job costing system.

The estimated costs for job 173 are as follows.

Direct materials 5 metres @ $20 per metre

Direct labour 14 hours @ $8 per hour

Variable production overheads are recovered at the rate of $3 per direct labour hour.

Fixed production overheads for the year are budgeted to be $200,000 and are to be recovered on the basis of the total of 40,000 direct labour hours for the year.

Other overheads, in relation to selling, distribution and administration, are recovered at the rate of $80 per job. What is the total cost of job 173?

A

$404

B

$300

C

$254

D

$324

The following items may be used in costing batches. (i) Actual material cost(ii) Actual manufacturing overheads(iii) Absorbed manufacturing overheads(iv) Actual labour costWhich of the above are contained in a typical batch cost?

A

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

B

(i) and (iv) only

C

(i), (iii) and (iv) only

D

(i), (ii), (iii) and (iv)

Which of the following would be appropriate cost units for a passenger coach company? (i) Vehicle cost per passenger-kilometre (ii) Fuel cost for each vehicle per kilometre (iii) Fixed cost per kilometre

A

(i) only

B

(i) and (ii) only

C

(i) and (iii) only

D

(ii) and (iii) only

快速查题-ACCA英国注册会计师试题