题目

Abner is the lead partner on the audit of DEF Inc. The client often gives Abner corporate hospitality at major sporting events

and small gifts, such as a bottle of spirits, on his birthday.Which threat does this represent?

A

Self-interest

B

Self-review

C

Advocacy

D

Intimidation

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Chapter19Ethicalconsiderations

Rationale: A firm or a member of an assurance team should not accept gifts or hospitality unless

the value is clearly insignificant. In this case, it is likely that the cost of corporate hospitality at major sporting events will be

significant.

多做几道

Monetary policy is a government economic policy relating to:

1 Interest rates

2 Taxation

3 Public borrowing and spending

4 Exchange rates

Which of the above are correct?

A

1 and 4

B

 2 and 3

C

2 and 4

D

3 and 4

Which of the following organisations might benefit from a period of high price inflation?

A

An organisation which has a large number of long-term payables

B

An exporter of goods to a country with relatively low inflation

C

A large retailer with a high level of inventory on display and low rate of inventory turnover

Which of the following are the goals of macroeconomic policy?

1 Encouraging economic growth

2 Low unemployment

3 Achievement of a balance between exports and imports

4 Achieving zero inflation

A

1 and 2

B

2 and 3 

C

2, 3 and 4

D

1, 2 and 3

Which of the following is an example of cyclical unemployment?

A

The entry of school leavers into the labour pool each year

B

Lay-offs among agricultural labourers in winter

C

Automation of ticketing services in tourism

D

Recession in the building industry

A surplus on the balance of payments usually refers to a surplus or deficit on the account.Which word correctly complete this statement?

A

Current

B

Capital

C

Financial

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