ACCA P7（International）历年考试真题及答案大全（2002年-2008年）

包含（2002年-2008年）ACCA P7（International）历年考试真题及答案，文件列表如下：
Dec-2002.PDF、Dec-2003.PDF、Dec-2004.PDF、Dec-2005.PDF、Dec-2006.PDF、Dec-2007.PDF、Dec-2008.PDF；
June-2003.PDF、June-2004.PDF、June-2005.PDF、June-2006.PDF、June-2007.PDF、June-2008.PDF；

Audit and
Assurance Services
(International Stream)

PART 3
TUESDAY 8 JUNE 2004

Section A – ALL THREE questions are compulsory and MUST be attempted
1 The principal activity of Bateleur Zoo Gardens (BZG) is the conservation of animals. Approximately 80% of the zoo’s
income comes from admission fees, money spent in the food and retail outlets and animal sponsorship. The
remainder comprises donations and investment income.
Admission fees include day visitor entrance fees (‘gate’) and annual membership fees. Day tickets may be pre-booked
by credit card using a telephone booking ‘hotline’ and via the zoo’s website. Reduced fees are available (e.g. to
students, senior citizens and families).
Animal sponsorships, which last for one year, make a significant contribution to the cost of specialist diets, enclosure
maintenance and veterinary care. Animal sponsors benefit from the advertisement of their names at the sponsored
animal’s enclosure.
BZG’s management has identified the following applicable risks that require further consideration and are to be
actively managed:
(i) Reduction in admission income through failure to invest in new exhibits and breeding programs to attract visitors;
(ii) Animal sponsorships may not be invoiced due to incomplete data transfer between the sponsoring and invoicing
departments;
(iii) Corporate sponsorships may not be charged for at approved rates – either in error or due to arrangements with
the companies. In particular, the sponsoring department may not notify the invoicing department of reciprocal
arrangements, whereby sponsoring companies provide BZG with advertising (e.g. in company magazines and
annual reports);
(iv) Cash received at the entrance gate ticket offices (‘kiosks’) may not be passed to cashiers in the accounts
department (e.g. through theft);
(v) The ticket booking and issuing system may not be available;
(vi) Donations of animals to the collection (e.g. from Customs and Excise seizures and rare breeds enthusiasts) may
not be recorded.
Required:
(a) Describe suitable internal controls to manage each of the applicable risks identified. (12 marks)
(b) Explain the financial statement risks arising from the applicable risks. (6 marks)
(c) Comment on the factors to be considered when planning the extent of substantive analytical procedures to
be performed on BZG’s income. (7 marks)
(25 marks)