These amounts are not based on salaries paid to the director under an employment contract. Sirus has
contractual or constructive obligations to make payments to former directors as at 30 April 2008 as follows:(i) certain former directors are paid a fixed annual amount for a fixed term beginning on the first anniversary of
the director’s retirement. If the director dies, an amount representing the present value of the future payment
is paid to the director’s estate.(ii) in the case of other former directors, they are paid a fixed annual amount which ceases on death.
The rights to the annuities are determined by the length of service of the former directors and are set out in the
former directors’ service contracts. (6 marks)
Required:
D.raft a report to the directors of Sirus which discusses the principles and nature of the accounting treatment of
the above elements under International Financial Reporting Standards in the financial statements for the year
ended 30 April 2008.
[试题](b) The marketing director of CTC has suggested the introduction of a new toy ‘Nellie the Elephant’ for which thefollowing estimated information is available:1. Sales volumes and selling prices per unitYear ending, 31 May 2009 2010 2011Sales units (00
[单选题]The experiment shows that proper amounts of exercise, if regularly, can improve our health.A.being carried outB.carrying outC.carried outD.to carry out
[单选题]A.ccording to the passage, ______ has become the driving force for the development of telephone system?A.information technologiesB.InternetC.PCD.convergence of telecommunications technologies
[单选题]The director __________their representatives is to attend the conference.A. orB. andC. as well asD. rather than
[单选题]Thedirectorwascritical______thewayweweredoingthework.A)atB)inC)ofD)with
[单选题]H.e was ______to director.A. acceleratedB. liftedC. raisedD. promoted
[单选题]The late night was called “The Watch”because it was a time for people______.A. to set traps to catch animalsB. to wake up their family and neighboursC. to remind others of the timeD.to guard against possible dangers
[单选题]The speaker is named “Magic” Johnson because_________ .A. he was once a famous basketball coachB. he was a happy survivor of the unhappy diseaseC. he was given chance to talk of his own experienceD. he was a very practical and realistic person in lif
[试题]Themanagerlosthis__________justbecausehissecretarywastenminuteslate.A.)moodB)temperC.)mindD)passion
[试题]F.ormation flight is more comfortable because passengers can not see the other planes.