快速查题-ACCA英国注册会计师试题

A company with an accounting date of 31 October carried out a physical check of inventory on 4 November 20X3, leading to

an inventory value at cost at this date of $483,700.Between 1 November 20X3 and 4 November 20X3 the following

transactions took place:

1 Goods costing $38,400 were received from suppliers.

2 Goods that had cost $14,800 were sold for $20,000.

3 A customer returned, in good condition, some goods which had been sold to him in October for $600 and which had cost

$400.

4 The company returned goods that had cost $1,800 in October to the supplier, and received a credit note for them

What figure should appear in the company's financial statements at 31 October 20X3 for closing inventory, based on this

information?.

In preparing its financial statements for the current year, a company's closing inventory was understated by $300,000.

What will be the effect of this error if it remains uncorrected?

UK Courts must interpret legislation in a way that is compatible with the Convention on Human Rights. 

In the context of English law, which of the following is not an advantage of binding precedent?

In the English legal system, one role of a judge is to interpret statute law.

Which rule of statutory interpretation considers what the legislation is trying to achieve?

In the context of case law, which of the following applies to an obiter dictum? 

In the context of statutory interpretation, which of the following requires judges to consider the wrong which the legislation was intended to prevent? 

 In the context of the English legal system, which of the following defines the ratio decidendi of a judgement? 

Which of the following contracts must be in the form of a deed? 

 In relation to contract law, which of the following describes an offer?