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And what about doing cuttings in calculations. I didnt leave any question incomplete.
My previous material of study for F5 was LSBF Video Lectures, LSBF handouts and past papers of 3 attempts. I gave F5 with F6 but now I will give it singularly, so that my full focus will be on F5. Sir are you sure that these material will help me passing? As I am concerned with just passing my exam by any means because its too much to fail exam more than 2 attempt. And also at the end, do cutting too much effects your score in exam if that is the case then I did alot in question 3 and 4. I will follow each and every step advised by you. Thanks in advance
And an other question Sir do we disallow and add back our new machine purchase as a Capital expenditure in our Tax adjusted profit?
ThanksWhat was your method? as I have to give it with F6 in March. What things I should keep in mind in practicing and solving paper? Any key for this?
Sir I am studying from LSBF Video Lectures and also with their study text and kit. Should I do Bpp kit or Just past papers?
Hello Sir Mike
I have problem here
that the claimant is a legal neighbour of the alleged negligent auditor
What is meant by a legel neighbour and alleged negligent auditor?
ThanksThanasis owns an art gallery called Kappis Art. On Monday he placed a notice in the window of his gallery that said “2 copies of a very rare Anderson print – $4,000 each”
Constantinos and Georgia were keen to acquire the prints but thought that the price was too high. They each offered Thanasis $3,500 but he refuses to sell the prints at that price, although he does say that he will accept $3,800. He also says that, in order to give them time to think about it, he will leave the offer open until midday the following Monday if they each will pay $100 immediately.
Both Georgia and Constantinos agree and hand over their $100s to Thanasis. On the Saturday of the same week, Georgia and Constantinos were called away to Athens on business but before they left they each mailed a letter saying that they would buy a print at the price of $3,800
Georgia’s letter arrived at 09.30 on Monday morning but Constantinos’ letter was delayed and didn’t arrive until Tuesday. As it happened, Thanasis had already sold both prints during the weekend.
Thanasis can be required to purchase a replacement Anderson print to satisfy Georgia’s claim.
Is this statement true or false? (1 mark)
True
False
My answer is false. I thought that Thanasis should be liable to $100 because it is an additional contract made on the term of the 1st contract which is he just liable. But my answer is wrong. Please sir guide me how to deal here. ThanksOh ok I forgot the point that S/H’s are paid 1st than Debenture holders. I got this question 1st time in my practice thanks Sir 🙂
Question 43
There are many ways in which an investor can hold an interest in a company. Which of the following types of investment will normally participate in the surplus remaining in a liquidation?
The holders of…..
1) Debentures secured by a way of fixed charge
2) Equity shares
3) Preference shares
4) Unsecured debentures
Sir Why 4 is not right here? And How 2 is right?
Dont we pay surplus left on liquiation to the unsecured debentures in the payment of creditors list?Ok Sir and
Here is another question
In the context of a general meeting of a public company, which one of the following resolutions never needs a majority not less than 75% of the vote cast to be in favour of the resolution if it is to be passed?
“A resolution to ……….”
1 Change the name of Company
2 remove a director before the director’s term of office expires
3 approve an amendment to the company’s constitution
4 Reduced the issued share capital of the company
Why 1 is not right and 2 is right?
I marked 1 which is wrongThanks for your guidance and Sir when I have to check my mistakes? At the end of each test ?
Ok Sir thanks
Sir what should I do now just practice the mocks twice ? I am done with learning slaybus and BPP kit for practice
My exam is on wednesday 2 PmHello Sir another question
Which two of the following statements are correct in relation to the Bribery Act 2010?
1 Bribery is a criminal offence that can be punished upto 10 years in prison.
2 Bribery is a civil wrong with unlimited liability in damages.
3 It does not apply to non Uk nationals
4 It creates the specific offence of bribing a foreign public official.
A 1 and 2
B 1 and 4
C 2 and 3
D 2 and 4
Why its 2 right and 4 is not?
Is a Bribe civil wrong? I have studied its a criminal offence
ThanksI have a question Sir
A company has created various charges in favour of various lenders. The charges are on some of the same assets of the company. These assets are, in total, not sufficient to satisfy the claims of all the chargees.
Which of the following is not correct.
A) In general fixed charges take priority over floating charges
B) in general charges of the same type rank in order of creation
C) in General charges of the same type rank in order of registeration at companies house.
Why B is not right and Why C is right in this question Sir?
