4 (a) Explain the meaning of the term ‘working capital cycle’ for a trading company. (4 marks)

[试题](b) Explain the meaning of the term ‘Efficient Market Hypothesis’ and discuss the implications for a company ifthe stock market on which it is listed has been found to be semi-strong form. efficient. (9 marks)

[试题](d) Explain the term ‘environmental management accounting’ and the benefits that may accrue to organisationswhich adopt it. (4 marks)

[试题](c) Explain the term ‘target costing’ and how it may be applied by GWCC. Briefly discuss any potentiallimitations in its application. (8 marks)

[试题]2 (a) Explain the term ‘backflush accounting’ and the circumstances in which its use would be appropriate.(6 marks)

[试题]6 (a) Explain the term ‘money laundering’. (3 marks)

[试题](b) Explain the meaning of Stephanie’s comment: ‘I would like to get risk awareness embedded in the cultureat the Southland factory.’ (5 marks)

[试题](ii) Explain whether or not Carver Ltd will become a close investment-holding company as a result ofacquiring either the office building or the share portfolio and state the relevance of becoming such acompany. (2 marks)

[单选题]In the following sentence，_________is the best to match the meaning of“woma

[试题]4 (a) Explain the auditor’s responsibilities in respect of subsequent events. (5 marks)Required:Identify and comment on the implications of the above matters for the auditor’s report on the financialstatements of Jinack Co for the year ended 30 Septem

[试题]4 (a) Explain the auditor’s responsibilities for other information in documents containing audited financialstatements. (5 marks)