快速查题-ACCA英国注册会计师试题

The balance of the account is the proceeds of sale of some plant on 1 January 20X4 with a carrying amount at the date of sale of $700,000 and which had originally cost $1,400,000. No other accounting entries have yet been made for the disposal apart

from the cash book entry for the receipt of the proceeds. Depreciation on plant has been charged at 25% (straight line basis)

in preparing the draft statement of financial position without allowing for the sale. The depreciation for the year relating to the

plant sold should be adjusted for in full.

 A company is considering the development and marketing of a new product. Development costs will be $2m.  There is a 75% probability that the development effort will be successful, and a 25% probability that it will be unsuccessful. If development is successful and the product is marketed, it is estimated that:  

                                                                                            Expected profit                         Probability                   

Product very successful                                                        $6.0m                                         0.4 

Product moderately successful                                           $1.8m                                         0.4 

Product unsuccessful                                                          ($5.0m)                                        0.2 

What is the expected value of the project? 

The items listed below should be apportioned as indicated. 

 Cost of Distribution Administrativesales costs expenses

                                             %                      %                           %

Discounts received              -                         -                         100

Energy expenses               40                      20                          40

Wages                                40                      25                          35

Directors' remuneration      -                       -                             100

Consider the following diagram. 

If a decision-maker wished to maximise the value of the outcome, which options should be selected? 

An invoice of $15,000 for energy expenses for October 20X7 has not been received.

How is expected value calculated? 

If the decision-maker is trying to maximise the figure, what figure would the decision-maker choose at point B in the diagram below? 

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During the year dividends paid were $270,000.