ACCA历年真题及答案P4-2008J.pdfVIP

Professional Level – Options Module 4 Advanced Financial P Management Thursday 5 June 2008 r e p Time allowed Reading and planning: 15 minutes Writing: 3 hours a This paper is divided into two sections: Section A – BOTH questions are compulsory and MUST be attempted Section B – TWO questions ONLY to be attempted Formulae tables are on pages 11–15. P Do NOT open this paper until instructed by the supervisor. During reading and planning time only the question paper may be annotated. You must NOT write in your answer booklet until instructed by the supervisor. This question paper must not be removed from the examination hall. The Association of Chartered Certified Accountants This is a blank page. The question paper begins on page 3. 2 Section A – BOTH questions are compulsory and MUST be attempted 1 Mercury Training was established in 1999 and since that time it has developed rapidly. The directors are considering either a flotation or an outright sale of the company. The company provides training for companies in the computer and telecommunications sectors. It offers a variety of courses ranging from short intensive courses in office software to high level risk management courses using advanced modelling techniques. Mercury employs a number of in-house experts who provide technical materials and other support for the teams that service individual client requirements. In recent years, Mercury has diversified int