Topic 5

Unit 5 Topic 2

（考试时间：90分钟，满分：100分）

题号 第一部分 第二部分 第三部分 总分

Ⅰ

Ⅱ Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ Ⅳ Ⅰ Ⅱ Ⅲ

得分

第一部分 听力（20分）

Ⅰ. 听句子，选择正确图片。每个句子读一遍。（5分）

( )1.

A B

C

( )2.

A

B

C

( )3.

A B C

( )4.

A B C

( )5.

A B C

Ⅱ. 听对话，选择正确答案。每段对话读一遍。（5分）

( )6. What’s Jim doing?

A. He is watching TV at home.

B. He is making cards at home.

C. He is watching TV at his friend’s home.

( )7. Where is Jane now?

A. She is in the library.

B. She is in the computer room. C. She is in the classroom.

( )8. Is Tom cleaning his bedroom now?

A. No, he isn’t. B. Yes, he is. C. We don’t know.

UNIVERSITY OF ADELAIDE BUSINESS SCHOOL

MASTERS PROGRAMS

ACCTING 7019 ACCOUNTING CONCEPTS AND METHODS (M)

TUTORIAL - SOLUTIONS TO QUESTIONS

TOPIC 5: ADJUSTING THE ACCOUNTS, PREPARING FINANCIAL

STATEMENTS AND COMPLETING THE ACCOUNTING CYCLE

1. p.156, Discussion Question 4.

5. ‘Why are adjusting entries necessary? Surely they cause too much delay in

preparing financial statements, and the financial effect of any entries made is

immaterial in the long run.’ Respond to this criticism.

▪ Under an accrual accounting system, adjusting entries are necessary in order

to ensure that an entity’s assets, liabilities, income (including revenues) and

expenses are recorded in the appropriate accounting period. Sometimes the

size of these adjusting entries may be small, and have an immaterial effect on

第一部分：Unit 6 Topic 1

1. 单词

1. cartoon 卡通

2. newspaper 报纸

3. yesterday 昨天

4. bank 银行

5. concert 音乐会

6. sports meeting 运动会

7. post office 邮局

8. hospital 医院

9. market 市场

10. pet shop 宠物店

2. 词组

1. go to the sports meeting 去运动会

2. go to the pet shop 去宠物店

3. go to the hospital 去医院

4. go to the post office 去邮局

5. go to the market 去市场

6. go to the bank 去银行

3.对话

A: Where did you go yesterday?

B: I went to the hospital.

A: What did you do there? B: I visited my grandpa.

A: Did you go to the bank after that?

B: Yes, I did.

第二部分：Unit 6 Topic 2

1. 单词

1. dinner 晚餐

2. breakfast 早餐

3. lunch 午餐

4. sandwich 三明治

5. rice 饭

6. noodles 面条

7. spaghetti 意大利面

8. bread 面包

9. cake 蛋糕

10. egg 鸡蛋

2. 词组

1. have dinner 吃晚餐

2. have breakfast 吃早餐

Key points:

·Discuss the nature and purpose of internal audit assignments including value for money,

IT, best value and financial

·Discuss the nature and purpose of operational internal audit assignments including

procurement, marketing, treasury and human resources management.

A.Value for Money

Value for money auditing had its origins in public sector audit. In the UK public sector

auditors are required to consider “value for money” as well as to express an opinion on the

financial statements. The logic underlying value for money can be applied just as effectively

in the commercial sector, where it tends to be known as ‘management audit’ or ‘operational

audit’.

Value for money （VFM） is concerned with obtaining the best possible combination of services

for the least resources. It is therefore the pursuit of ‘Economy’, ‘Efficiency’ and