快速查题-ACCA英国注册会计师试题

Explain what is meant by a flexible budget

State two advantages and two disadvantages of a flexible budget.

Explain what is meant by a flexed budget

Which of the following statements is correct?

The management of J Co have heard about the concept of the time value of money.

Required:

(i) Complete the gaps in the following statement: The time value of money means that $1 now is worth (GAP 1) than $1 in the future. The reasons for this are risk, (Gap 2) and potential for earning a return e.g. interest. 

(ii) Using a discount rate of 8%, and assuming that the cash flows arise at the end of a year, calculate the discounted payback period.

Using a discount factor of 8%, calculate the net present value of purchasing the new machine.

Are the following statements about investment appraisal true or false?

Statement one: If the cost of capital increased to 10%, the net present value of purchasing the new machine would decrease.

Statement two: The payback method of investment appraisal is a useful method to consider time risk.

What would be the formula for March net profit?

What will be the formula to go in G8?