(d) Explain the term ‘environmental management accounting’ and the benefits that may accrue to organisations

which adopt it. (4 marks)

[试题](b) Explain the meaning of the term ‘Efficient Market Hypothesis’ and discuss the implications for a company ifthe stock market on which it is listed has been found to be semi-strong form. efficient. (9 marks)

[试题]4 (a) Explain the meaning of the term ‘working capital cycle’ for a trading company. (4 marks)

[试题](c) Explain the term ‘target costing’ and how it may be applied by GWCC. Briefly discuss any potentiallimitations in its application. (8 marks)

[试题]2 (a) Explain the term ‘backflush accounting’ and the circumstances in which its use would be appropriate.(6 marks)

[试题]6 (a) Explain the term ‘money laundering’. (3 marks)

[试题](d) Explain to the management of Bailey’s why consideration should be given to resolving the problems through:(i) job rotation; (5 marks)

[试题](d) Explain whether or not Dovedale Ltd, Hira Ltd and Atapo Inc can register as a group for the purposes of valueadded tax. (3 marks)

[试题](d) Explain how Gloria would be taxed in the UK on the dividends paid by Bubble Inc and the capital gains taxand inheritance tax implications of a future disposal of the shares. Clearly state, giving reasons, whether ornot the payment made to Eric is

[单选题]John Pentanol was appointed as risk manager at H&Z Company a year ago and he decided that his first task was to examine the risks that faced the company. He concluded that the company faced three major risks, which he assessed by examining the im

[试题](c) Comment on four reasons why the Managing Director of Quicklink Ltd might consider the acquisition of theC．eler Transport business to be a ‘good strategic move’ insofar as may be determined from the informationprovided. (5 marks)