ACCA考试P2阶段2016年6月份真题.pdfVIP

Professional Level – Essentials Module Time allowed Reading and planning: 15 minutes Writing: 3 hours This question paper is divided into two sections: Section A – This ONE question is compulsory and MUST be attempted Section B – TWO questions ONLY to be attempted Do NOT open this question paper until instructed by the supervisor. During reading and planning time only the question paper may be annotated. You must NOT write in your answer booklet until instructed by the supervisor. This question paper must not be removed from the examination hall. Pa pe r P 1 Governance, Risk and Ethics March/June 2016 – Sample Questions The Association of Chartered Certified Accountants This is a blank page. The question paper begins on page 3. 2 Section A – This ONE question is compulsory and MUST be attempted 1 In the city of Philo, the closure of a large factory released a large amount of land very close to the city centre which was bought by the Philo local government authority. As an area of high unemployment due to closures of heavy industry including shipbuilding and coal mining, Philo had an unemployment rate higher than the national average. As such, the local government authority was always keen to see new investments which would create high quality jobs. Although the former factory land had a potentially high commercial value if sold to housing developers, the local government authority offered the local university the chance to buy it for a favourable rate due to what it could offer the town as a whole. It was hope that the university would buy the land, creating a new development called ‘Science First’ on the old factory site which would in turn create 500 jobs. As a city, Philo was well known for its science and engineering history, with many innovations, inventions and science developments having been made in the city going back over 200 years. Philo University saw investment in science as strategic to its future and as a key part of its competitive advantage. The