Late fees are those charges associated with any overdraft you may have for your curre

A.It was believed that gods in Heaven would bless those who stayed up late

B.It was believed that gods in Heaven would spread gold over to each family

C.It was believed that those who stayed up late could see gods in Heaven

D.It was believed that those who stayed up late could be lucky in the next year

A.whom

B.what

C.which

D.who

● Management has decided to "crash" a project in order to avoid penalty payments for late deliveries. To crash the project, either overtime or additional resources should be assigned to:

A All activities.

B Only those activities with the longest time durations.

C Those activities on the critical path begining with the longest time duration activities.

D Those activities with the greatest degree of risk.

E None of the above.

A、have not been admitted

B、didn’t admit

C、will not be admitted

D、don’t admit

111 Management has decided to "crash" a project in order to avoid penalty payments for late deliveries. To crash the project, either overtime or additional resources should be assigned to:

A. All activities.

B. Only those activities with the longest time durations.

C. Those activities on the critical path begining with the longest time duration activities.

D. Those activities with the greatest degree of risk.

E. None of the above

liveries. To crash the project, either overtime or additional resources should be assigned to:

A.All activities.

B.Only those activities with the longest time durations.

C.Those activities on the critical path begining with the longest time duration activities.

D.Those activities with the greatest degree of risk.

E.None of the above.

家的国内生产总值和国民生产总值哪个较大？ During the late 1970s and early 1 980s，many Latin American countries became highlv indebted．How WOUld this affect their net factor payments？Which was larger in those countries during thatperiod，GDP or GNP？

ding extra money on travel during the holiday season is worthwhile--so long as it affords them time with family and friends. But just because traveling may be the right thing to do, that doesn't mean it has to be the expensive thing to do. Traveling involves many hidden costs that, once you're aware of them, are easy to spot--and even easier to eliminate.

To start, consider transportation fees. For example, if you're driving, fill up the gas tank before traveling on the highway, where it's much costlier, says Clarky Davis, a personal finance expert. And make sure your car is in good condition by checking your heating vents, keeping up with routine maintenance and ensuring your tires are properly inflated, all of which help the ear achieve favorable fuel economy. Furthermore, not only does a tow car(救援车) cause inconvenience; it also means extra costs.

For those opting to fly, first, be aware of how much it costs to check a bag. Most airlines are charging for every checked bag by weight, but prices vary from carrier to carrier. If you can manage to pack everything into a carry-on, you'll save at least $15. Brooke Ferencsik, a travel expert, suggests considering secondary airports when booking your flight. These airports often are less crowded and frequently offer cheaper tickets.

And when it comes to your actual destination, don't assume that hotels are going to cut back on fees simply because they're desperate to draw customers. "They won't be adding or increasing fees, but they won't be decreasing them either," says Ferencsik. The best defense against extra fees is to read about the hotel's rates online, before you make a reservation. "Be aware of surcharges for everything from housekeeping to groundskeeping to use of the in-room safe," says Ferenesik. Some hotels even install a sensor(传感器) within the mini bar, charging guests for simply touching the items, let alone eating or drinking them.

"From airlines to hotels to rental ears, they've all got hidden fees you need to be aware of," says Ferencsik. "Do your homework and ask questions."

It is found that 71% of Americans regard it as worthwhile to______.

A．spend money on souvenirs while traveling with family and friends

B．accept hidden costs while traveling with family and friends

C．travel with family and friends during the holiday season

D．travel with family and friends so as to please them

3 Assume that today’s date is 10 May 2005.

You have recently been approached by Fred Flop. Fred is the managing director and 100% shareholder of Flop

Limited, a UK trading company with one wholly owned subsidiary. Both companies have a 31 March year-end.

Fred informs you that he is experiencing problems in dealing with aspects of his company tax returns. The company

accountant has been unable to keep up to date with matters, and Fred also believes that mistakes have been made

in the past. Fred needs assistance and tells you the following:

Year ended 31 March 2003

The corporation tax return for this period was not submitted until 2 November 2004, and corporation tax of ￡123,500

was paid at the same time. Profits chargeable to corporation tax were stated as ￡704,300.

A formal notice (CT203) requiring the company to file a self-assessment corporation tax return (dated 1 February

2004) had been received by the company on 4 February 2004.

A detailed examination of the accounts and tax computation has revealed the following.

– Computer equipment totalling ￡50,000 had been expensed in the accounts. No adjustment has been made in

the tax computation.

– A provision of ￡10,000 was made for repairs, but there is no evidence of supporting information.

– Legal and professional fees totalling ￡46,500 were allowed in full without any explanation. Fred has

subsequently produced the following analysis:

Analysis of legal & professional fees

￡

Legal fees on a failed attempt to secure a trading loan 15,000

Debt collection agency fees 12,800

Obtaining planning consent for building extension 15,700

Accountant’s fees for preparing accounts 14,000

Legal fees relating to a trade dispute 19,000

– No enquiry has yet been raised by the Inland Revenue.

– Flop Ltd was a large company in terms of the Companies Act definition for the year in question.

– Flop Ltd had taxable profits of ￡595,000 in the previous year.

Year ended 31 March 2004

The corporation tax return has not yet been submitted for this year. The accounts are late and nearing completion,

with only one change still to be made. A notice requiring the company to file a self-assessment corporation tax return

(CT203) dated 27 July 2004 was received on 1 August 2004. No corporation tax has yet been paid.

1 – The computation currently shows profits chargeable to corporation tax of ￡815,000 before accounting

adjustments, and any adjustments for prior years.

– A company owing Flop Ltd ￡50,000 (excluding VAT) has gone into liquidation, and it is unlikely that any of this

money will be paid. The money has been outstanding since 3 September 2003, and the bad debt will need to

be included in the accounts.

1 Fred also believes there are problems in relation to the company’s VAT administration. The VAT return for the quarter

ended 31 March 2005 was submitted on 5 May 2005, and VAT of ￡24,000 was paid at the same time. The previous

return to 31 December 2004 was also submitted late. In addition, no account has been made for the VAT on the bad

debt. The VAT return for 30 June 2005 may also be late. Fred estimates the VAT liability for that quarter to be ￡8,250.

Required:

(a) (i) Calculate the revised corporation tax (CT) payable for the accounting periods ending 31 March 2003

and 2004 respectively. Your answer should include an explanation of the adjustments made as a result

of the information which has now come to light. (7 marks)

(ii) State, giving reasons, the due payment date of the corporation tax (CT) and the filing date of the

corporation tax return for each period, and identify any interest and penalties which may have arisen to

date. (8 marks)