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In relation to the above, which of the following statements are valid?
In the purchasing department, the purchasing manager selects and approves all suppliers, as they are the only person with sufficient experience to do so. They use a very limited number of suppliers because they can rely on these suppliers to provide goods of the quality required at a competitive price....
If interest rates are 8.5% in 3 months' time, what will the net amount payable be?
CORRECT TEXT M plc has a $2 million loan outstanding on which the interest rate is reset every 6 months for the following 6 months and the interest is payable at the end of that 6-month period. The next 6-monthly reset period starts in 3 months and the treasurer of...
Which THREE of the following are characteristics of a Firewall?
A Firewall is an element of a company's Information Technology infrastructure. Which THREE of the following are characteristics of a Firewall?A . A Firewall determines the boundary of the "Trusted" components of the company's Information Technology infrastructure.B . A Firewall protects sensitive data against accidental or malicious damage.C . A...
Which member of staff could most easily commit fraud?
Amber selects appropriate suppliers and places purchase orders. Brian passes invoices for payment and submits payment instructions to the bank. Chris checks incoming inventory and unpacks goods from their containers. Dirwan posts purchase invoices and files invoices and supporting documents. Which member of staff could most easily commit fraud?A ....
Using interest rate parity theory, what GBP/USD spot rate would you expect to see in six months' time?
The long-term prospects for interest rates in the UK and the USA are 2% and 6% per annum respectively. The GBP/USD spot rate is currently GBP/USD1.71. Using interest rate parity theory, what GBP/USD spot rate would you expect to see in six months' time?A . GBP/USD = 1.74B . GBP/USD...
What is the NPV of continuing with this project?
A project has been evaluated on the basis that it will cost $14 million and will have a net present value of $2.3 million. The project has commenced and $3 million of the initial $14 million has been invested. A problem has been discovered that will cost an additional $2.5...
Which THREE of the following are principles of good corporate governance according to the UK Corporate Governance Code?
Which THREE of the following are principles of good corporate governance according to the UK Corporate Governance Code?A . LeadershipB . ReliabilityC . RemunerationD . HonestyE . AccountabilityView AnswerAnswer: A,C,E
Which THREE of the following threats of dysfunctional behaviour may arise from VBN's use of residual income to measure subsidiaries' performance?
VBN is a multinational company that has 60 subsidiary companies that operate in 11 countries. VBN evaluates the performance of each subsidiary as an investment centre, using residual income to measure performance. Which THREE of the following threats of dysfunctional behaviour may arise from VBN's use of residual income to...
In relation to the above, which of the following statements are valid?
In the purchasing department, the purchasing manager selects and approves all suppliers, as they are the only person with sufficient experience to do so. They use a very limited number of suppliers because they can rely on these suppliers to provide goods of the quality required at a competitive price....
Which of the following are correct?
UJK manufactures garden machinery. The company is dependent upon another manufacturer for the motors that power its products. One of the factors that is being considered in a stress test requested by UJK's Board is the possibility that the motor manufacturer increases its selling prices by 10% The motor accounts...
