KPMGVerbal大牛总结(20210109231855)

1、Sectio n A The periodicity rule requires a regular period of acco unt to be established for bus in esses or compa ni es, regardless either of the life of the bus in ess or compa ny or the arbitrary n ature of any such period. Thegoing concern rule arises out of the periodicity rule . This rule requi

2、res us to assume that a commercial entity will continue in existenee for theforeseeable future uni ess we have some stro ng evide nee to suggest that this is not the case. It is importa nt to make absolutely certa in that this assumpti on is correct, because a differe nt set of acco unting rules wou

3、ld be adopted if the immediate future of a commercial en tity is altogether un certa in. 1. It is un der what acco un ti ng rules apply to faili ng compa ni es. 2. The use of different accounting rules is justified on the basis of securing the Iong-term future of failing companies. 3. Different acco

4、 unting rules may n eed to be applied to faili ng compa nies that n evertheless even tually recover. 4. Assumpti ons about the Ion g-term future of compa nies are always suspect. Sectio n B Under the Taxes Management Act, a tax inspector is enabled to require a taxpayer by notice in writing to deliv

5、er particulars or docume nts. These must be in the taxpayer possessi on or power, and in the in spector sreas on able opinion, contain in formati on releva nt to any tax liability that the pers on is or may be subject to, or to the amount of any such liability. The word particulars is very broad in

6、mea ning and embraces any issue or in formatio n about matters impacti ng on the taxpayer taxati on liabilities. 5. Taxpayers are expected to resp ond in writi ng in respect of the particulars or in formati on sought. T 6. Tax in spectors may in sist on see ing docume ntati on which turns out not to

7、 have any impact on the taxpayer liability.C 7. Tax inspectors can press for particulars beyond a taxpayer possession or power. F 8. In spectors must be reas on able in the dema nds they make of taxpayers. T Sectio n C 5. Being upto date vwitti pi oduct iirfoimalion pkiys kttl 住 part in neo-cliissin

8、l demand theory. 9. 文中第一句话，第二行里perfectly in formed 和little part ”意思相反。所以 F 阮 Neo-classical deminl theeiy is only one of a ihunger of models of consumer behaMoui. 10. 文中没有提及。CANSAY 般问题中有only,都是错，或是没有提及。 7- Ilier e- me some consiimeis wlio cue peifecily iirfoimedahoin The |)rice nd qiiAliry clkircreiI

9、sfics of pioducts on 11. 第一句话，第二行。文中是说consumers，而不是 some consumers.范围错了。所以是 F 12. 3. Maxi I ni $ii hj tl i & total til ity ol a pioec1s of human behiviaiii. 24. 文中第三行。意思相反。F （般有not subject to,都是F） Sectio n G 13. Fimctioiiiil ijioui）s uMhhin a single orcjaiiisnlion ni esubject to differ eiitfoims of

10、imcer taiirty- 25. 文中第二句话，于第二句意思相反，所以F 14. Conflict between aoiiM 恃 Ide mvKable result oftimdkonal Having to wpoiid to their own unkiue 26 errviiotiiiieiirs. 文中倒数第二局，同义。T 27. 中文未提及 goals and expectations.所以CANT SAY（般UNLIKELY这种词出现，都是 C） 16. Tlie i eifity of fimctioiiiil drffei slices does mean th al

11、diffei eiil gious Ctiniiot vper ate effectively. 28. 最后一句话，意思相反，F Sectio n H T最后一句，意思相同 30.0rganisations need to commit to constant cultural change to support the implementationof performanee man ageme nt methods. CANzt SAY 未提及。 F文中倒数第二局，一个是require, 个是create. Sectio n I The mai n problem with the pr

12、oduct life cycle con cept is that n ot all products follow the samedevelopme nt path. Each product slife cycle can only be defi ned retrospectively, making it a poor guide to marketi ng strategy .In extremely cases, some man agers can be en couraged by the con cept to misread a temporary fall in dem

13、a nd as evide nee that decli ne has set in, spurring them to embark on costly new product development when simple measures to extend the life cycle of the existi ng product might have sufficed. 33. Most products follow the same developme nt path. C 34. The life cycle of an in dividual product can be

14、 an ticipated. C 35. Exte nding the life cycle of some products is not an opti on F 36. A fall in dema nd for a product is evide nee of the start of its decli ne. T Section J In the long run, as demand and cost conditions change, firms will move out of markets in which they can no longer operate pro

15、fitably, and move into those markets where the prospects of profits seem greatest. In markets where large numbers of firms compete with each other, the long-run tendency is for prices to equal average costs (including within those costs normal profit , that element of accounting profit which is necessary for the firm to remain in business). In markets where competition is less intense, long-run prices will be higher than average costs, and firms will in principle be able to make monopoly profits . 37. Firms will not move out of markets in which they