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Which of the following statements concerning the duty of care of accountants involved in preparing a report for a target company involved in a take-over bid is correct?
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Which of these statements is untrue?
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What is the shadow price of one hour of machine time in the Mixing Department?
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In what circumstances does slack arise?
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The following control account has been prepared by a trainee accountant:RECEIVABLES LEDGER CONTROL ACCOUNT
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ABC Co makes three products, budget information is provided below. Material A is in short supply and ABC Co only have 10,000 kgs available. Material A costs $10 per kg. What is the optimum production plan for ABC Co?
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Which one of the following is not a purpose of a receivables ledger control account?
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Which of the following lists is composed only of items which would appear on the credit side of thereceivables controlaccount?
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In the context of the tort of negligence, what is the legal effect of res ipsa loquitur?
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To establish a case of 'passing-off', what must the claimant prove?
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Which of the following statements concerning tort is correct?
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Which of the following describes the tort of 'passing-off'?
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In which of the following circumstances will a defendant be liable to pay compensation under the tort of negligence?
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In the tort of negligence, what is the legal effect of res ipsa loquitur?
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In which of the following circumstances would an employer be vicariously liable for the acts of an employee?
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In the tort of negligence, what is the effect of volenti non fit injuria?
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ix years ago material M cost $10 per kg and the price index most appropriate to the cost of material M was 130. The same index now stands at 510.What is the best estimate of the current cost of material M per kg?
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Which of the following are common applications of spreadsheets used by management accountants?(i) Variance analysis(ii) Cash flow budgeting and forecasting(iii) Preparation of financial accounts
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A spreadsheet is unlikely to be used for which of the following tasks?
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Sales (including sales tax) amounted to $27,612.50, and purchases (excluding sales tax) amounted to $18,000. What is the balance on the sales tax account, assuming all items are subject to sales tax at 17.5%?
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