2015年6月ACCA考试《业绩管理》真题及详解.pdfVIP

2015 年 6 月 ACCA 考试 《业绩管理》真题 (总分：100.00，做题时间：180 分钟) 一、Section A –ALL 20 questions are compulsory and MUST be attempted (总题数：20，分 数：40.00) 1.A division is considering investing in capital equipment costing $2·7m. The useful economic life of the equipment isexpected to be 50 years, with no resale value at the end of the period. The forecast return on the initial investmentis 15% per annum before depreciation. The division’s cost of capital is 7%. What is the expected annual residual income of the initial investment? （分数：2.00） A.$0 B.($270,000) C.$162,000 √ D.$216,000 解析：Divisional profit before depreciation = $2·7m x 15% = $405,000 per annum.Lessdepreciation = $2·7m x 1/50 = $54,000 per annum.Divisional profit after depreciation = $351,000Imputed interest = $2·7m x 7% = $189,000Residual income = $162,000 2.The Fruit Company (F Co) currently grows fruit which customers pick themselves from the fields before paying. F Cois concerned that a large number of customers are eating some of the fruit whilst picking it and are therefore not paying for all of it. As a result, it has to decide whether to hire staff to pick and package the fruit instead. The following values and costs have been identified: (i)The total sales value of the fruit currently picked and paid for by customers (ii)The cost of growing the fruit (iii)The cost of hiring staff to pick and package the fruit (iv) The total sales value of the fruit if it is picked and packaged by staff instead Which of the above are relevant to the decision? （分数：2.00） A.All of the above B.(ii), (iii) and (iv) only C.(i), (ii) and (iv) only D.(i), (iii) and (iv) only √ 解析：Option (ii) is not relevant since it is a common cost. 3.Which of the following statements describes target costing? （分数：2.00） A.It calculates the expected cost of a product and then adds a margin to it to arrive at the target selling price B.It