(ii) Briefly explain the extent to which the application of sensitivity analysis might be useful in deciding

which refrigeration system to purchase and discuss the limitations inherent in its use. (3 marks)

[试题](ii) Briefly explain the implications of Parr & Co’s audit opinion for your audit opinion on the consolidatedfinancial statements of Cleeves Co for the year ended 30 September 2006. (3 marks)

[试题](c) Explain the extent to which you should plan to place reliance on analytical procedures as audit evidence.(6 marks)

[试题](ii) Briefly discuss TWO factors which could reduce the rate of return earned by the investment as per theresults in part (a). (4 marks)

[试题](b) Briefly explain THREE limitations of negotiated transfer prices. (3 marks)

[试题](b) Briefly explain the two types of informal communication known as the grapevine and rumour. (6 marks)

[试题](ii) Briefly outline the tax consequences for Henry if the types of protection identified in (i) were to beprovided for him by Happy Home Ltd compared to providing them for himself. You are not required todiscuss the corporation tax (CT) consequences

[试题](ii) Briefly discuss THREE disadvantages of using EVA? in the measurement of financial performance.(3 marks)

[试题](b) Briefly describe the way in which a ‘person specification’ differs from a ‘job description’. (3 marks)

[试题](iii) The extent to which Amy will be subject to income tax in the UK on her earnings in respect of dutiesperformed for Cutlass Inc and the travel costs paid for by that company. (5 marks)A．ppropriateness of format and presentation of the report and t

[试题](ii) Briefly discuss FOUR non-financial factors which might influence the above decision. (4 marks)