澤稷小編本次為同學們帶來了一些ACCA考試試題，同學們可以試著做一下，也算是考前的小練習了。》》澤稷網校ACCA2019年澤稷網校ACCA通關資料大禮包免費領取（同學們要留下真實信息以便小編發(fā)送哦~）

ACCA考試試題小測

ALL FIVE questions are compulsory and MUST be attempted

1（a）Auditors have a responsibility under ISA 265 Communicating Deficiencies in Internal Control to those Charged with Governance and Management,to communicate deficiencies in internal controls.In particular SIGNIFICANT deficiencies in internal controls must be communicated in writing to those charged with governance.

Required：

Explain examples of matters the auditor should consider in determining whether a deficiency in internal controls is significant.（5 marks）

Greystone Co is a retailer of ladies clothing and accessories.It operates in many countries around the world and has expanded steadily from its base in Europe.Its main market is aimed at 15 to 35 year olds and its prices are mid to low range.The company‘s year end was 30 September 2010.

In the past the company has bulk ordered its clothing and accessories twice a year.However,if their goods failed to meet the key fashion trends then this resulted in significant inventory write downs.As a result of this the company has recently introduced a just in time ordering system.The fashion buyers make an assessment nine months in advance as to what the key trends are likely to be,these goods are sourced from their suppliers but only limited numbers are initially ordered.

Greystone Co has an internal audit department but at present their only role is to perform regular inventory counts at the stores.

Ordering process

Each country has a purchasing manager who decides on the initial inventory levels for each store,this is not done in conjunction with store or sales managers.These quantities are communicated to the central buying department at the head office in Europe.An ordering clerk amalgamates all country orders by specified regions of countries,such as Central Europe and North America,and passes them to the purchasing director to review and authorise.

As the goods are sold,it is the store manager’s responsibility to re-order the goods through the purchasing manager;they are prompted weekly to review inventory levels as although the goods are just in time,it can still take up to four weeks for goods to be received in store.

It is not possible to order goods from other branches of stores as all ordering must be undertaken through the purchasing manager.If a customer requests an item of clothing,which is unavailable in a particular store,then the customer is provided with other branch telephone numbers or recommended to try the company website.

ACCA考試試題小測。同學們在備考ACCA考試時可以結合我們澤稷網校的ACCA課程，我們澤稷網校還為同學們提供有免費的直播課程，感興趣的同學可以前往澤稷網校的官網進行預約

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