For regulatory capital calculation purposes, what market risks must be incorporated into a bank’s VAR estimate?()

(ii) State, giving reasons, the tax reliefs in relation to inheritance tax (IHT) and capital gains tax (CGT) which

would be available to Alasdair if he acquires the warehouse and leases it to Gallus & Co, rather than to

an unconnected tenant. (4 marks)

(b) (i) State FOUR reasons why payback period is widely used by organisations in the capital investment

appraisal process. (2 marks)

Lazlo Ltd, a European-based telecommunications providers, follows IASB GAAP and capitalizes new product development costs. During 2012 they spent €25 million on new product development and reported an amortization expense related to a prior year’s new product development of €10 million. Other information related to 2012 is as follows:

An analyst would like to compare Lazlo to a US-based telecommunications provider and has decided to adjust their financial statements to U.S.GAAP. under U.S.GAAP, and ignoring tax effects, the return on asset (ROA) and cash flow from operations (CFO) for Lazlo would be closestto:

下丘脑调节肽(hypothalamus regulatory peptide)

A.药事法规Regulatory Affairs

B.药品监管科学Regulatory Science

C.社会管理科学Social Administrative Sciences

D.商业药学 Commercial pharmacy

A.药事法规Regulatory Affairs

B.药品监管科学Regulatory Science

C.社会管理科学Social Administrative Sciences

D.商业药学 Commercial pharmacy

最早提出“监管沙箱”(Regulatory Sand Box)理念是()

A.美国

B.英国

C.法国

D.澳大利亚

A.TCM

B.a prescription

C.regulatory agency

D.package insert

A.药事法规Regulatory Affairs

B.药品监管科学Regulatory Science

C.社会管理科学Social Administrative Sciences

D.药物经济学 Pharmacoeconomics

A.website

B.site

C.address

D.kite