(c) Discuss the reasons why the net present value investment appraisal method is preferred to other investment

appraisal methods such as payback, return on capital employed and internal rate of return. (9 marks)

[试题](c) Briefly discuss why the directors of HFL might choose contract D irrespective of whether or not contract Dwould have been selected using expected values as per part (a). (2 marks)

[试题](c) Comment on four reasons why the Managing Director of Quicklink Ltd might consider the acquisition of theC．eler Transport business to be a ‘good strategic move’ insofar as may be determined from the informationprovided. (5 marks)

[试题]3 (a) Discuss why the identification of related parties, and material related party transactions, can be difficult forauditors. (5 marks)

[试题](d) (i) Discuss why it may not be possible to provide a high level of assurance over the stated key performanceindicators; and (4 marks)

[试题](b) (i) State FOUR reasons why payback period is widely used by organisations in the capital investmentappraisal process. (2 marks)

[试题](c) Explain the reasons for the concerns of the government of Happyland with companies such as TMC andadvise the directors of a strategy that might be considered in order to avoid being subject to any forthcominglegislation concerning the environment.

[试题](c) For commercial reasons, Damian believes that it would be sensible to place a new holding company, Bold plc,over the existing company, Linden Limited. Bold plc would also be unquoted and would acquire the existingLinden Limited shares in exchange f

[问答题] Reasons for the British coal mining is called a “sick” industry today.

[试题](c) Discuss the usefulness of the managerial grid in assessing the attributes of managers. (5 marks)

[试题](c) Discuss the difficulties that may be experienced by a small company which is seeking to obtain additionalfunding to finance an expansion of business operations. (8 marks)