Questions from Financial Accounting


Q: Investment by UK companies has fallen for three consecutive quarters, in

Investment by UK companies has fallen for three consecutive quarters, in a decline that highlights how uncertainty about Brexit is prompting consumers and businesses to tighten their belts. Business i...

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Q: Ocado Group plc: reporting inventory Established in 2000 and listed on

Ocado Group plc: reporting inventory Established in 2000 and listed on the London Stock Exchange in July 2010, Ocado is the world’s largest dedicated online grocery retailer, with ov...

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Q: We use our cost advantage and number one and number two network

We use our cost advantage and number one and number two network positions in strong markets to deliver low fares and operational efficiency on point-to-point routes, with our people making the differ...

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Q: We are a global energy company with wide reach across the world’s

We are a global energy company with wide reach across the world’s energy system. We have operations in Europe, North and South America, Australasia, Asia and Africa. Decommissioning Liabilities for de...

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Q: Thames Water is one of ten regional licensed and regulated companies providing

Thames Water is one of ten regional licensed and regulated companies providing water and wastewater services in England and Wales. With 15 million customers we serve about 25% of the population of Eng...

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Q: The following extracts show the different ways in which three companies report

The following extracts show the different ways in which three companies report their operating profit margins (operating profit as a percentage of sales). This ratio is an indicator of the performance...

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Q: Angela’s Employment Agency sells the building for £285,000 on

Angela’s Employment Agency sells the building for £285,000 on the final day of December Year 3. Record the transactions and events of Year 3 in an accounting equation spreadsheet. Assume depreciation...

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Q: Our business model is designed to generate long-term sustainable value

Our business model is designed to generate long-term sustainable value. We focus on mission-critical and highly engineered equipment with intensive aftermarket care and comprehensive global support. T...

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Q: Unless it can reduce inventory and working capital, dividends may be

Unless it can reduce inventory and working capital, dividends may be at risk Everyone likes a bargain, particularly investors. Hennes & Mauritz, Sweden’s purveyor of Scandi fashions worldwide, offers...

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Q: Chartered Institute of Management Accounting (CIMA) What is management accounting

Chartered Institute of Management Accounting (CIMA) What is management accounting? Management accounting is the sourcing, analysis, communication and use of decision-relevant financial and non-financi...

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