Professor, would you slow down a bit, please? I can't _________ you.A、keep up withB
Professor, would you slow down a bit, please? I can't _________ you.
A、keep up with
B、put up with
C、make up to
D、hold on to
Professor, would you slow down a bit, please? I can't _________ you.
A、keep up with
B、put up with
C、make up to
D、hold on to
第1题
Which of the following italicized parts is used as an object?
A.What do you think has happened to her?
B.Who do you think the visiting professor is?
C.How much do you think he earns every month?
D.How quickly would you say he would come?
第2题
阅读理解:阅读下面的短文,根据文章内容和所给信息将短文补充完整
A THANK-YOU LETTER
Dear Professor Smith,
Many thanks for your _____(友好和热情)during _____ (我方代表团) recent visit to your university.
It was nice of you to introduce us to some famous professors and celebrated scholars at your university. We had a safe and sound trip home.
Now we _____ (重返工作岗位) our work.
Again, _____ (代表) the group, I would like to _____(对你和你的团队表示感谢). Meanwhile, I hope you will someday pay a visit to our university and give us more talks on “Modern Western Economics”.
Sincerely yours,
Tony Wang
第3题
After that, I found Morrie Schwartz, my25 professor, and introduced him to
my 26 .. He was a small man who took small steps, as ifa 27 wind could; at any time, 28 him up:into the cloudS! His teeth were in good shape: When he smiled it was as if you had just 29 him the funniest joke on earth.
He told my parents how I 30 every class he taught. He told them, "You havea 31 boy here. He helped me a 10t." Shy but 32 , I looked at my feet. Before we left,I 33 Mr. Schwartz a 'present, a briefcase with his name on the front. I didn't want to forget him. 34 I didn't want him to forget me. He asked if I would keep in35 , and without hesitation (犹豫) I said, "Of course." When he turned around, I saw tears in his eyes.
21. A. along B. around C. beside D. together
第4题
Any western () visiting China would seek an interview with Madame Chiang.
A.professor
B.journalist
C.philosopher
D.A actor
第5题
In Dave Barrys opinions, meetings______.
A.have been blocking human progress
B.may fade away from the human world
C.are an important part of the human race
D.are meant to solve problems for humans
第6题
听力原文:W: Hi, Tom.
M: Kate, I haven't seen you for weeks. Where have you been?
W: In Florida.
M: What? Vacationing while the rest of us have been studying on the campus in the February cold?
W: Not exactly. I spent most of my time underwater.
M: I don't understand.
W: I was on a special field trip. I went with my marine biology class.
M: So you went scuba diving. What were you looking for, sunken treasure?
W: You might say so. The sea is full of treasures. All kinds of strange, fascinating organisms. Our class concentrated on studying plankton.
M: I thought they were too small to be seen.
W: That's a common misconception. The plankton covers a wide variety of freely floating plants and animals. From one-celled organisms to large ones, such as the common jelly fish.
M: Jelly-fish may be large enough to be seen. But they are transparent, aren't they?
W: Yes, most floating plants and animals have transparent tissues. It makes them practically invisible to their enemies.
M: But not invisible to your biology class, I hope.
W: By concentrating, I was able to see the outlines of lots of different plants and animals, In fact, our professor even took photo of some small oceanic snails.
M: How would the snails show up in the photo if they are transparent?
W: We painted them with a harmless green dye. Since particles of the dye stuck to the tissues, the snails appeared in a green outline in the photos.
M: That sounds like an interesting trip.
W: It really was.
M: But I think if I had been there, I'd much rather have spent my time just swimming and lying in the sun.
(20)
A.Sightseeing.
B.Lying on the beach.
C.Taking photos of the beaches.
D.Scuba diving.
第7题
What might account for this strange phenomenon? Here are a few guesses: a) certain astrological signs confer superior soccer skills, b) winter-born bathes tend to have higher oxygen capacity which increases soccer stamina. c) soccer mad parents are more likely to conceive children in springtime at the annual peak of soccer mania, d) none of the above.
Anders Ericsson, a 58-year-old psychology professor at Florida State University, says he believes strongly in "none of the above". Ericsson grew up in Sweden, and studied nuclear engineering until he realized he realized he would have more opportunity to conduct his own research if he switched to psychology. His first experiment nearly years ago, involved memory: training a person to hear and then repeat a random series of numbers. "With the first subject, after about 20 hours of training his digit span had risen from 7 to 20," Ericsson recalls. "He kept improving, and after about 200 hours of training he had risen to over 80 numbers."
This success coupled with later research showing that memory itself as not genetically determined, led Ericsson to conclude that the act of memorizing is more of a cognitive exercise than an intuitive one. In other words, whatever inborn differences two people may exhibit in their abilities to memorize those differences are swamped by how well each person "encodes" the information. And the best way to learn how to encode information meaningfully, Ericsson determined, was a process known as deliberate practice. Deliberate practice entails more than simply repeating a task. Rather, it involves setting specific goals, obtaining immediate feedback and concentrating as much on technique as on outcome.
Ericsson and his colleagues have thus taken to studying expert performers in a wide range of pursuits, including soccer. They gather all the data they can, not just predominance statistics and biographical details but also the results of their own lavatory experiments with high achievers. Their work makes a rather startling assertion: the trait we commonly call talent is highly overrated. or, put another way, expert performers whether in memory or surgery, ballet or computer programming are nearly always made, not born.
The birthday phenomenon found among soccer players is mentioned to ______ .
A.stress the importance of professional training.
B.spotlight the soccer superstars in the World Cup.
C.introduce the topic of what males expert performance.
D.explain why some soccer teams play better than others.
第8题
developing countries. Professor James West from North America argued that one of the key needs for developing
countries was to implement rigorous systems of corporate governance to underpin investor confidence in businesses
in those countries. If they did not, he warned, there would be no lasting economic growth as potential foreign inward
investors would be discouraged from investing.
In reply, Professor Amy Leroi, herself from a developing country, reported that many developing countries are
discussing these issues at governmental level. One issue, she said, was about whether to adopt a rules-based or a
principles-based approach. She pointed to evidence highlighting a reduced number of small and medium sized initial
public offerings in New York compared to significant growth in London. She suggested that this change could be
attributed to the costs of complying with Sarbanes-Oxley in the United States and that over-regulation would be the
last thing that a developing country would need. She concluded that a principles-based approach, such as in the
United Kingdom, was preferable for developing countries.
Professor Leroi drew attention to an important section of the Sarbanes-Oxley Act to illustrate her point. The key
requirement of that section was to externally report on – and have attested (verified) – internal controls. This was, she
argued, far too ambitious for small and medium companies that tended to dominate the economies of developing
countries.
Professor West countered by saying that whilst Sarbanes-Oxley may have had some problems, it remained the case
that it regulated corporate governance in the ‘largest and most successful economy in the world’. He said that rules
will sometimes be hard to follow but that is no reason to abandon them in favour of what he referred to as ‘softer’
approaches.
(a) There are arguments for both rules and principles-based approaches to corporate governance.
Required:
(i) Describe the essential features of a rules-based approach to corporate governance; (3 marks)
第9题
第10题
Section A – This ONE question is compulsory and MUST be attempted
P&J is a long established listed company based in Emmland, a highly developed and relatively prosperous country. For the past 60 years, P&J has been Emmland’s largest importer and processor of a product named X32, a compound used in a wide variety of building materials, protective fabrics and automotive applications. X32 is a material much valued for its heat resistance, strength and adaptability, but perhaps most of all because it is flexible and also totally fireproof. It is this last property that led to the growth of X32 use and made P&J a historically successful company and a major exporter.
X32 is mined in some of the poorest developing countries where large local communities depend heavily on X32 mining for their incomes. The incomes from the mining activities are used to support community development, including education, sanitation and health facilities in those developing countries. The X32 is then processed in dedicated X32 facilities near to the mining communities, supporting many more jobs. It is then exported to Emmland for final manufacture into finished products and distribution.
Each stage of the supply chain for X32 is dedicated only to X32 and cannot be adapted to other materials. In Emmland, P&J is the major employer in several medium-sized towns. In Aytown, for example, P&J employs 45% of the workforce and in Betown, P&J employs 3,000 people and also supports a number of local causes including a children’s nursery, an amateur football club and a number of adult education classes. In total, the company employs 15,000 people in Emmland and another 30,000 people in the various parts of the supply chain (mining and processing) in developing countries. Unlike in Emmland, where health and safety regulations are strong, there are no such regulations in most of the developing countries in which P&J operates.
Recently, some independent academic research discovered that X32 was very harmful to human health, particularly in the processing stages, causing a wide range of fatal respiratory diseases, including some that remain inactive in the body for many decades. Doctors had suspected for a while that X32 was the cause of a number of conditions that P&J employees and those working with the material had died from, but it was only when Professor Harry Kroll discovered how X32 actually attacked the body that the link was known for certain. The discovery caused a great deal of distress at P&J, and also in the industries which used X32.
The company was faced with a very difficult situation. Given that 60% of P&J’s business was concerned with X32, Professor Kroll’s findings could not be ignored. Although demand for X32 remained unaffected by Kroll’s findings in the short to medium term, the company had to consider a new legal risk from a stream of potential litigation actions against the company from employees who worked in environments containing high levels of X32 fibre, and workers in industries which used X32 in their own processes.
In order to gain some understanding of the potential value of future compensation losses, P&J took legal advice and produced two sets of figures, both describing the present value of cumulative future compensation payments through litigation against the company. These forecasts were based on financial modelling using another product of which the company was aware, which had also been found to be hazardous to health.
The finance director (FD), Hannah Yin, informed the P&J board that the company could not survive if the worst-case scenario was realised. She said that the actual outcome depended upon the proportion of people affected, the period that the illness lay undetected in the body, the control measures which were put in place to reduce the exposure of employees and users to X32, and society’s perception of X32 as a material. She estimated that losses at least the size of the best case scenario were very likely to occur and would cause a manageable but highly damaging level of losses.
The worst case scenario was far less likely but would make it impossible for the company to survive. Although profitable, P&J had been highly geared for several years and it was thought unlikely that its banks would lend it any further funds. Hannah Yin explained that this would limit the company’s options when dealing with the risk. She also said that the company had little by way of retained earnings.
Chief executive officer, Laszlo Ho, commissioned a study to see whether the health risk to P&J workers could be managed with extra internal controls relating to safety measures to eliminate or reduce exposure to X32 dust. The confidential report said that it would be very difficult to manage X32 dust in the three stages of the supply chain unless the facilities were redesigned and rebuilt completely, and unless independent breathing apparatus was issued to all people coming into contact with X32 at any stage. FD Hannah Yin calculated that a full refit of all of the company’s mines, processing and manufacturing plants (which Mr Ho called ‘Plan A’) was simply not affordable given the current market price of X32 and the current costs of production. Laszlo Ho then proposed the idea of a partial refit of the Aytown and Betown plants because, being in Emmland, they were more visible to investors and most other stakeholders.
Mr Ho reasoned that this partial refit (which he called ‘Plan B’) would enable the company to claim it was making progress on improving internal controls relating to safety measures whilst managing current costs and ‘waiting to see’ how the market for X32 fared in the longer term. Under Plan B, no changes would be made to limit exposure to X32 in the company’s operations in developing countries.
Hannah Yin, a qualified accountant, was trusted by shareholders because of her performance in the role of FD over several years. Because she would be believed by shareholders, Mr Ho offered to substantially increase her share options if she would report only the ‘best case’ scenario to shareholders and report ‘Plan B’ as evidence of the company’s social responsibility. She accepted Mr Ho’s offer and reported to shareholders as he had suggested. She also said that the company was aware of Professor Kroll’s research but argued that the findings were not conclusive and also not considered a serious risk to P&J’s future success.
Eventually, through speaking to an anonymous company source, a financial journalist discovered the whole story and felt that the public, and P&J’s shareholders in particular, would want to know about the events and the decisions that had been taken in P&J. He decided to write an article for his magazine, Investors in Companies, on what he had discovered.
Required:
(a) Define ‘social footprint’ and describe, from the case, four potential social implications of Professor Kroll’s discovery about the health risks of X32. (10 marks)
(b) Describe what ‘risk diversification’ means and explain why diversifying the risk related to the potential claims against the use of X32 would be very difficult for P&J. (10 marks)
(c) As an accountant, Hannah Yin is bound by the IFAC fundamental principles of professionalism.
Required:
Criticise the professional and ethical behaviour of Hannah Yin, clearly identifying the fundamental principles of professionalism she has failed to meet. (9 marks)
(d) Writing as the journalist who discovered the story, draft a short article for the magazine Investors in Companies. You may assume the magazine has an educated readership. Your article should achieve the following:
(i) Distinguish between strategic and operational risk and explain why Professor Kroll’s findings are a strategic risk to P&J; (8 marks)
(ii) Discuss the board’s responsibilities for internal control in P&J and criticise Mr Ho’s decision to choose Plan B. (9 marks)
Professional marks will be awarded in part (d) for the structure, logical flow, persuasiveness and tone of the article. (4 marks)