2015年ACCA考试模拟强化练习题(4)
【摘要】 即将参加ACCA考试的考生们，考试即将到来，大家的备考工作进行得如何了？考必过为大家精心整理了2015年ACCA考试模拟强化练习题(4)，希望能够助力ACCA考试，相信坚持一定会有成果。那么，同学们一起快来做题吧！关于2015年ACCA考试模拟强化练习题(4)的具体内容如下：
Accounting for defined benefit pension schemes is a complex area of great importance. In some cases， the net pension liability even exceeds the market capitalisation of the company. The financial statements of a company must provide investors，analysts and companies with clear，reliable and comparable information on a company’s pension obligations，discount rates and expected returns on plan assets.
Required：
(i) Discuss the current requirements of IAS 19 ‘Employee Benefits’ as regards the accounting for actuarial gains and losses setting out the main criticisms of the approach taken and the advantages of immediate recognition of such gains and losses. (11 marks)
(ii) Discuss the implications of the current accounting practices in IAS 19 for dealing with the setting of discount rates for pension obligations and the expected returns on plan assets. (6 marks)
Professional marks will be awarded in part (a) for clarity and quality of discussion. (2 marks)
(b) Smith，a public limited company and Brown a public limited company utilise IAS 19 ‘Employee Benefits’ to account for their pension plans. The following information refers to the company pension plans for the year to 30 April 2009：
(i)At 1 May 2008，plan assets of both companies were fair valued at $200 million and both had net unrecognised actuarial gains of $6 million.
(ii)At 30 April 2009，the fair value of the plan assets of Smith was $219 million and that of Brown was $276 million.
(iii)The contributions received were $70 million and benefits paid were $26 million for both companies. These amounts were paid and received on 1 November 2008.
(iv)The expected return on plan assets was 7% at 1 May 2008 and 8% on 30 April 2009.
(v)The present value of the defined benefit obligation was less than the fair value of the plan assets at both 1 May 2008 and 30 April 2009.
(vi)Actuarial losses on the obligation for the year were negligible for both companies.
(vii)Both companies use the corridor approach to recognised actuarial gains and losses.
Required：
Show how the use of the expected return on assets can cause comparison issues for potential investors using the above scenario for illustration. (6 marks)
(25 marks)
ALL TEN questions are compulsory and MUST be attempted
1 In relation to the Civil Procedure Law of China:
(a)explain the term exclusive jurisdiction;(2 marks)
(b)state the major legal characteristics of exclusive jurisdiction,in terms of:
(i)the basis of exclusive jurisdiction;and (4 marks)
(ii)the effect of the rule of exclusive jurisdiction.(4 marks)
(10 marks)
2 In relation to the Property Law of China:
(a)explain the term right of lien;(4 marks)
(b)state THREE conditions to be met for a party to claim the right of lien.(6 marks)
(10 marks)
3 In relation to the Labour Contract Law of China:
(a) state the various powers of the labour administration in exercising its supervisory and examining functions;(2 marks)
(b) state any FOUR kinds of situations under which the labour administration may issue administrative orders to an employer for violations of Labour Contract Law.(8 marks)
(10 marks)
4 In relation to the Contract Law of China:
(a)explain the term termination of contract;(2 marks)
(b)explain and distinguish between termination of contract and dissolution of contract.(8 marks)
(10 marks)
5 In relation to the Company Law of China:
(a)state the basic rules regarding the shareholders of:
(i)a general limited liability company;(2 marks)
(ii)a sole-person limited liability company and a wholly state-owned company;and(2 marks)
(b)state the requirements for capital of:
(i)a general limited liability company;(2 marks)
以上就是考必过为大家整理的2015年ACCA考试模拟强化练习题(4)的具体内容。没有特别幸运，那么请先特别努力，别因为懒惰而失败，还矫情地将原因归于自己倒霉。你必须特别努力，才能显得毫不费力。最后，考必过预祝大家在未来的ACCA考试中能够取得优异的成绩！