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Listening Quiz: Xem Xét Biên Bản Hội Đồng Quản Trị Về Giao Dịch Với Bên Liên Quan – Medium Level
Th9 30, 2024
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bởi
Anna Phạm
trong
Tiếng Anh dành cho Kiểm toán viên (English for Auditor)
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1.
What are Emily and William mainly discussing?
How to organize the next board meeting agenda
How to increase sales to new customers
How to identify and review possible related party transactions
How to prepare the company’s annual budget
Explanation:
Emily and William are reviewing board minutes to find undisclosed deals and determine whether certain transactions are related party transactions.
2.
What company is connected to the contract Emily found?
A company owned by the CEO’s brother
A company managed by William
A company audited by the board
A company listed in the financial report
Explanation:
Emily says she sees a contract with a company owned by the CEO’s brother.
3.
What is not mentioned in the financial report?
The CEO’s brother’s name
The board minutes Emily brought
A contract with a company owned by the CEO’s brother
A loan to a supplier’s family member
Explanation:
Emily states that the contract with the company owned by the CEO’s brother is not mentioned in the financial report.
4.
Why does William say they need to check if the transaction should be disclosed?
Because he wants to hide the transaction from management
Because he wants Emily to stop reviewing the minutes
Because he is unsure whether it qualifies as a related party transaction
Because he already knows it must be included in the report
Explanation:
William says the contract might be a related party transaction and that they need to check if it should be disclosed, showing he is unsure and wants to verify it.
5.
What can be inferred about Emily and William’s work?
They are trying to make sure the company reports sensitive transactions properly
They are revising the employee handbook
They are choosing a new supplier for office equipment
They are preparing a sales presentation for new clients
Explanation:
They discuss possible related party transactions, ask management for more details, and say they must ensure full transparency, which shows they are trying to ensure proper reporting.
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Listening Lesson
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