Apart from her devotion to her work，Elizabeth was also loved for her___（warm)and humo

A.from

B.around

C.with

D.despite

she has to take on such heavy _____ housework as carrying water and firewood.

A) timeconsumed B) timelyconsumed C) timeconsuming D) timely

rrying water and firewood．

A.time-consumed

B.timely-consumed

C.time-consuming

D.timely-consuming

In the passage, the narrator describes his mother as______.

A．a school teacher who is devoted to her work

B．a person who knows a lot

C．a person who is restless

D．a person who has a soaring aspiration

A.apart

B.down

C.up

D.away

risk committee recently

met to discuss how the company might respond to a number of problems that have arisen with Product 2. After a

number of incidents in which Product 2 had failed whilst being used by customers, Chen Products had been presented

with compensation claims from customers injured and inconvenienced by the product failure. It was decided that the

risk committee should meet to discuss the options.

When the discussion of Product 2 began, committee chairman Anne Ricardo reminded her colleagues that, apart from

the compensation claims, Product 2 was a highly profitable product.

Chen’s risk management committee comprised four non-executive directors who each had different backgrounds and

areas of expertise. None of them had direct experience of Chen’s industry or products. It was noted that it was

common for them to disagree among themselves as to how risks should be managed and that in some situations,

each member proposed a quite different strategy to manage a given risk. This was the case when they discussed

which risk management strategy to adopt with regard to Product 2.

Required:

(a) Describe the typical roles of a risk management committee. (6 marks)

hich she will make her first

pension contributions. In November 2007 she inherited her mother’s house in the country of Kalania.

The following information has been extracted from client files and from telephone conversations with Coral.

Coral:

– 1972 – Born in the country of Kalania. Her father, who died in 2002, was domiciled in Kalania.

– 1999 – Moved to the UK and has lived and worked here since then.

– 2001 – Subscribed for 100% of the ordinary share capital of Reef Ltd.

– Intends to sell Reef Ltd and return to live in the country of Kalania in 2012.

– No income apart from that received from Reef Ltd.

Reef Ltd:

– A UK resident company with annual profits chargeable to corporation tax of approximately ￡70,000.

– Four employees including Coral.

– Provides scuba diving lessons to members of the public.

Payments from Reef Ltd to Coral in 2007/08:

– Director’s fees of ￡460 per month.

– Dividends paid of ￡14,250 in June 2007 and ￡14,250 in September 2007.

Pension contributions:

– Coral has not so far made any pension contributions in the tax year 2007/08 but wishes to make gross pension

contributions of ￡9,000.

– The contributions are to be made by Reef Ltd or Coral or a combination of the two in such a way as to minimise

the total after tax cost.

– Any contributions made by Coral will be funded by an additional dividend from Reef Ltd.

House in the country of Kalania:

– Beachfront property with potential rental income of ￡550 per month after deduction of allowable expenditure.

– Coral will use it for holidays for two months each year.

The tax system in the country of Kalania:

– No capital gains tax or inheritance tax.

– Income tax at 8% on income arising in the country of Kalania.

– No double tax treaty with the UK.

Required:

(a) With the objective of minimising the total after tax cost, advise Coral as to whether the gross pension

contributions of ￡9,000 should be made:

– wholly by Reef Ltd; or

– by Coral to the extent that they are tax allowable with the balance made by Reef Ltd.

Your answer should include supporting calculations where necessary. (9 marks)

iving with most of them, they haven’t yet learned how to live in harmony with the newest of these: the personal computer. This is so because the widespread use of the personal computer is a relatively new phenomenon. There was the widely publicized case of a family man who became so absorbed in his computer that he spent long hours with it. Of course, if he was spending long hours with his computer, he was spending less time with his family. And if his wife needed to see him, he was unavailable. She became so upset by this state of affairs that she delivered an ultimatum (最后通 牒), declaring that unless he spent fewer hours with the machine and more with her and the family, she was going to divorce him. This issue became so serious that the couple had to go to a doctor to resolve it. The fortunate result was that the husband reduced the time he spent with the computer, and the marriage was saved. Personal computers may cause people to become isolated from one another since work can be done at home alone. In this case, there may be no need for offices, or for that matter, for any other central gathering place. Universities, or even cities, could be abandoned. Moreover, if that which is now recorded on paper is recorded in the computer instead, people will have no reason to use any paper whatsoever: no money, receipts, letters, newspapers, magazines, books, and so on. If this happens, there will be no need to go to the bank, the bookstore, or the library. Will people then be isolated in their separate homes—alone with their computers and their families, apart from fellow workers, readers, or students？

66.We can learn from the passage that the personal computer __________.

A.has been around for a long time

B.has been accepted by all people

C.is not welcome to everyone

D.is not widely used yet

67.The man’s wife was upset because __________.

A.he loved another woman

B.he wanted to divorce her

C.she didn’t have her own computer

D.he was neglecting her and the family

68.The man’s wife threatened to divorce him if __________.

A.he continued to spend long hours with the computer

B.he did not quit his job with the computer company

C.he did not spend time with her parents

D.he did not go to see the doctor with her

69.The marriage was saved __________.

A.with the help of a doctor

B.with the help of a fortune teller

C.after the wife took over the computer

D.after the husband sold the computer

70. What seems to be worrying the author as far as the computer is concerned？

A.People may become isolated from one another.

B.Offices may no longer be necessary.

C.People will no longer read books or magazines.

D.Factory workers will lose their jobs.

The mother almost ______ when she learned that her son was shot dead.

A．fell down

B．came down

C．fell apart

D．went to pieces

His father can get any _____ apart from his pay .

A.money

B.wages

C.income

D.salary