Cash Against Payment的含義就是Documents Against Payment，也就是付款交單。()

A.we only accept cash.

B.we don’t accept cash.

C.we only accept credit card.

D.we only accept check.

4 You are an audit manager in Nate & Co, a firm of Chartered Certified Accountants. You are reviewing three situations,

which were recently discussed at the monthly audit managers’ meeting:

(1) Nate & Co has recently been approached by a potential new audit client, Fisher Co. Your firm is keen to take the

appointment and is currently carrying out client acceptance procedures. Fisher Co was recently incorporated by

Marcellus Fisher, with its main trade being the retailing of wooden storage boxes.

(2) Nate & Co provides the audit service to CF Co, a national financial services organisation. Due to a number of

errors in the recording of cash deposits from new customers that have been discovered by CF Co’s internal audit

team, the directors of CF Co have requested that your firm carry out a review of the financial information

technology systems. It has come to your attention that while working on the audit planning of CF Co, Jin Sayed,

one of the juniors on the audit team, who is a recent information technology graduate, spent three hours

providing advice to the internal audit team about how to improve the system. As far as you know, this advice has

not been used by the internal audit team.

(3) LA Shots Co is a manufacturer of bottled drinks, and has been an audit client of Nate & Co for five years. Two

audit juniors attended the annual inventory count last Monday. They reported that Brenda Mangle, the new

production manager of LA Shots Co, wanted the inventory count and audit procedures performed as quickly as

possible. As an incentive she offered the two juniors ten free bottles of ‘Super Juice’ from the end of the

production line. Brenda also invited them to join the LA Shots Co office party, which commenced at the end of

the inventory count. The inventory count and audit procedures were completed within two hours (the previous

year’s procedures lasted a full day), and the juniors then spent four hours at the office party.

Required:

(a) Define ‘money laundering’ and state the procedures specific to money laundering that should be considered

before, and on the acceptance of, the audit appointment of Fisher Co. (5 marks)

聽力原文：M: Could I have my bill, please?

W: Certainly, sir. Here you are.

M: Could you kindly explain this to me? What is item 7?

W: Yes, sir. That's the service fee, 15 per cent.

M. Oh, I see... I think there has been a mistake here.

W: I'm sorry, sir. But what seems to be the trouble?

M: I think you've charged me twice for the beer. Look, item 2 and item 6 are both about beer.

W: I'll just check it for you, sir. Please wait here for a moment.

M: OK, no problem.

W: You're quite right, sir. The cashier made a terrible mistake. I think you will find it correct now.

M: Good, thank you. Now, can you take my credit card?

W: I'm afraid we don't accept credit cards.

M: Oh, dear. Can I pay by traveler's checks?

W: Certainly, sir. We'll give you the change in local currency if that is all right.

M: You needn't worry about that. There won't be much change.

W: Thank you, sir.

M: You're welcome.

(12)

A．Checking his bill.

B．Reading the menu.

C．Waiting for the waitress to serve dishes.

D．Waiting for the waitress to order dishes.

Which is the earliest day the check can be cashed?

A．

B．

C．

聽力原文：Sorry to say, Mr. Smith, we don't accept travelers' check or cash. So you'll have to get a money order to pay for your insurance.

(27)

A．The customer must pay cash for his insurance.

B．The customer must pay for his insurance by credit card.

C．The customer must get a money order to pay for his insurance.

D．Tile customer must get a traveler's check to pay for his insurance.

聽力原文：W: Hey, look what I've bought! What do you think of my new entertainment center? And the wide screen TV...and my new DVD player. Here, let me show you my stereo. You can really rock the house with this one.

M: But where did you get the money to buy all this? You didn't borrow money from mom and dad again, did you?

W: Of course not. I got it with this!

M: This? Let me see that... Have you been using Dad's credit card again?

W: No, silly. It's mine. It's a student credit card.

M: A student credit card? How in the world did you get one of these?

W: I got an application in the mail.

M: Well, why did you get one in the first place?

W: Listen. Times are changing, and having a credit card helps you build a credit rating, control spending, and even buy things that you can't pay with cash.

M: How does a student credit card control spending? It sounds you've spent yourself in a hole. Anyway, student credit cards just lead to impulse spending.., as I can see hem. And the interest rates of student credit cards are usually sky high, and if you miss a payment, the rates, well, just jump!

W: Did I tell you we now get digital cable with over 100 channels? Oh, and here's your birthday present. A new MP3 player...

M: Yeah. Oh, don't tell me. Charged on the credit card. Listen. Hey, I don't think having a student credit card is a bad idea, but

this is ridiculous. And how on earth are you going to pay your credit card bill? W: Urn, with my birthday money?. It's coming up in a week.

M: Hey, let's sit down and talk about how you're going to pay things back, and maybe we can come up with a budget that will help you get out of this mess. That's the least I can do.

(20)

A．Friends.

B．Adviser and client.

C．Father and daughter.

D．Brother and sister.

Ms. Rogers bought an electric range on the installment plan. The cash price of the range was $ 400. The amount she paid was $ 120 down and 12 monthly payments of $28 each.

Column A Column B

The amount she paid for the electric

range in excess of the cash price $56

A．if the quantity in Column A is greater

B．if the quantity in Column B is greater

C．if the two quantity are equal

D．if the relationship cannot be determined from the information given

Which department deals with cash management and investment?

聽力原文：M: Hey, wow!? Where did you get all of this stuff?

W: I bought it. So, what do you think of my new entertainment centre? And the widescreen TV...

M: Bought it? But where did you get the dough to buy all this? Have you been using Dad's credit card again?

W: No, silly. It's mine. It's a student credit card.

M: A student credit card? Why did you get one in the first place?

W: Listen. Times are changing, and having a credit card helps you build a credit rating, con- trol spending, and even buy things that you can't pay with cash.., like the plane ticket I got recently.

M: What plane ticket?

W: Oh yeah, my roommate and I are going to Hawaii over the school break, and of course, I needed some new clothes for that so...

M: I don't want to hear it. How does having a student credit card control spending? It sounds like you've spent yourself into a hole. Anyway, student credit cards just lead to impulse spending.., as I can see here. And the interest rates of student credit cards are usually sky-high, and if you miss a payment, the rates, well, just jump! Let's sit down and talk about how you're going to pay things back. That's the least I can do.

What is the most probable relationship between the two speakers?

A．A teacher and a student.

B．A brother and a sister.

C．A father and a daughter.

D．Two classmates.