[简答题]Shaka Ltd was in financial difficulty. In order to raise capital, it approached Milton to purchase 100,000 ordinary shares of R1 each at R0·75 per share. Milton was told that the company would never ask him to pay the balance of R0·25 per share. Milton agreed to buy the shares. However, two years later, the company went into liquidation. The liquidator has asked Milton to pay the balance of R0·25 on 100,000 ordinary shares. Required: Advise Milton whether he would be required to pay the balance of the partly-paid shares. (10 marks)

[填空题]Extel Financial

[填空题]Financial Risks
Several types of financial risk are encountered in international marketing; the major problems include commercial, political and foreign exchange risks.
Commercial risks are handled essentially as normal credit risks encountered in day-to-day business. They include solvency, default, or refusal to pay bills. The major risk, (8) which can only be dealt with through consistently effective management and marketing. One unique risk encountered by the international marketer involves financial adjustments. Such risk is encountered when a controversy arises about the quality of goods delivered, a dispute over contract terms, or (9) . One company, for example, shipped several hundred tons of dehydrated potatoes to a distributor in Germany. The distributor tested the shipment and declared it to be below acceptable taste and texture standards. The alternatives for the exporter were reducing the price, reselling the potatoes, or shipping them home again

[填空题]Who handles financial matters

[简答题]B. financial planning

[单项选择]金融理财(Financial Planning)与金融销售(Financial Vending)的不同点是( )。
A. 金融理财是指以理财的名义销售金融商品；金融销售是指直接销售金融商品
B. 金融理财是以顾客利益为中心，金融销售则是事件动机的咨询(Event-Driven)，经常也是交易动机的咨询(Transaction-Driven)，即提出的咨询是为了引起商品购买或进行其所要达成的交易
C. 金融理财是指理财咨询服务，与金融商品无关；金融销售是指通过金融理财的流程达到销售金融商品的目的
D. 金融理财是通过金融理财的流程达到销售金融商品的目的，金融销售是指理财咨询服务，与金融商品无关

[单项选择]Under International Financial Reporting Standards of a bank, or other financial institution, would normally use which type of balance sheet format（）
A. Classified.
B. Liquidity-based.
C. Market-value based.

[简答题]Financial institutions undertaking foreign exchange operations should submit to the SAFE their balance sheets, income statements, other financial and accounting statements and information of foreign exchange operations.

[填空题]Financial support from both private organizations and the government has made possible ______.

[单项选择]According to International Financial Reporting Standards, how do cash dividends received from trading securities and available-for-sale securities affect net income Trading securities Available-for-sale securities（）
A. Increase Increase
B. Increase No effect
C. No effect Increase

[单项选择]Under International Financial Reporing Standards (IFRS), interests received are classified on the cash flow statement as:（）
A. an investing cash flow.
B. an operating cash flow.
C. either an investing or an operating cash flow.

[单项选择]What financial incentive did the local authorities offer the Centre
A. a rent-free period
B. cheap land for sale
C. reduced business taxes