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(b) Assess the benefits of the separation of the roles of chief executive and chairman tha
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3 At a recent international meeting of business leaders, Seamus O’Brien said that multi-ju
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(c) Explain the benefits of performance-related pay in rewarding directors and critically
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(b) Explain the meaning of Stephanie’s comment: ‘I would like to get risk awareness embedd
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2 The risk committee at Southern Continents Company (SCC) met to discuss a report by its r
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(d) Draft a letter for Tim Blake to send to WM’s investors to include the following:(i) wh
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(c) Critically discuss FOUR principal roles of non-executive directors and explain the pot
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(b) Explain Kohlberg’s three levels of moral development and identify the levels of moral
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1 The board of Worldwide Minerals (WM) was meeting for the last monthly meeting before the
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(d) Combining all reserves into a single figure. (2 marks)
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(c) Increasing the revaluation reserve to $300,000 by revaluing goodwill from $800,000 to
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(b) Paying a dividend of 10c per share (1 mark)
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(c) State one advantage to a business of keeping its working capital cycle as short as pos
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4 (a) Explain the meaning of the term ‘working capital cycle’ for a trading company. (4 ma
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(ii) Receivables, showing separately the deduction of the allowance for receivables.
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(b) Show how the adjustments affect:(i) Closing inventory;
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2 The draft financial statements of Rampion, a limited liability company, for the year end
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25 What should the minority interest figure be in the group’s consolidated balance sheet a
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21 Which of the following items must be disclosed in a company’s published financial state
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19 What is the company’s return on shareholders’ equity?A 15/40 = 37·5%B 20/100 = 20%C 15/
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