Which one of the following is the main aspect in which public sector bodies differ from charities?
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1 .成本费用按成本性态分为（ ）。
A 固定成本 B 变动成本 C 混合成本 D 生产费用 E 期间费用
2 .Which of the following are unlikely to be stakeholders in a charity?
A Taxpayers B Financial supporters C Shareholders D Government
3 .The International Public Sector Accounting Standards Board regulates public sector entities and is developing a set of accounting standards which closely mirror IFRS.Which of these is the main concept which needs to be introduced into public sector accounting?
A Materiality B Accruals C Relevance D Faithful representation
4 .Public sector entities have performance measures laid down by government, based on Key Performance Indicators. Which of the following are likely to be financial KPIs for a local council?(i) Rent receipts outstanding(ii) Interest paid(iii) Interest received(iv) Interest cover(v) Dividend cover(vi) Financial actuals against budget(vii) Return on capital employed
A (i),(ii),(iii),(iv),(vi) B (i),(ii),(vi),(vii) C (ii),(iii),(iv),(v) D All of them
5 .Which one of the following is NOT true of entities in the charity sector?
A Their objective is to provide services to recipients and not to make a profit. B They have to be registered. C Their revenues arise mainly from contributions rather than sales. D They have only a narrow group of stakeholders to consider.
7 .Although the objectives and purposes of not-for-profit entities are different from those of commercial entities, the accounting requirements of not-for-profit entities are moving closer to those entities to which IFRSs apply.Which of the following IFRS requirements would NOT be relevant to a not-for-profit entity?
A Preparation of a statement of cash flows B Requirement to capitalise a leased asset C Disclosure of dividends per share D Disclosure of non-adjusting events after the reporting date
8 .Which of the following statements about a not-for-profit entity is valid?
A There is no requirement to calculate an earnings per share figure as it is not likely to have shareholders who need to assess its earnings performance. B The current value of its property, plant and equipment is not relevant as it is not a commercial entity. C Interpretation of its financial perfo...
9 .Which TWO of the following statements are true about inheritance tax?(1) It is an indirect tax.(2) It is a progressive tax.(3) It is an environmental tax.(4) It is a redistributive tax.
A 1 and 3 B 1 and 4 C 2 and 3 D 2 and 4
10 .Which TWO of the following have legal force?(1) Revenue and Customs Brief(2) A Statutory Instrument(3) An Act of Parliament(4) An Extra Statutory Concession
A 1 and 2 B 2 and 3 C 1 and 3 D 2 and 4
