Unfortunately,the rate of his expenditure surpasses that of his income.A:precedes B:dominates C:exceeds D:prevails

第1题

Sanford's employer has a qualified pension plan that allows employees to contribute up to 10% of their gross salaries to the plan. The employer matches the contribution at the rate of 50% of the employee's contribution. Sanford's current annual salary is $80,000. This is his only source of income. If he contributes the maximum amount to the pension plan, what is Sanford's gross income for the current year?()A、$72,000B、$76,000C、$80,000D、$84,000E、$88,000

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第2题

James died on 22 January 2015. He had made the following gifts during his lifetime:(1) On 9 October 2007, a cash gift of ￡35,000 to a trust. No lifetime inheritance tax was payable in respect of this gift.(2) On 14 May 2013, a cash gift of ￡420,000 to his daughter.(3) On 2 August 2013, a gift of a property valued at ￡260,000 to a trust. No lifetime inheritance tax was payable in respect of this gift because it was covered by the nil rate band. By the time of James’ death on 22 January 2015, the property had increased in value to ￡310,000.On 22 January 2015, James’ estate was valued at ￡870,000. Under the terms of his will, James left his entire estate to his children.The nil rate band of James’ wife was fully utilised when she died ten years ago.The nil rate band for the tax year 2007–08 is ￡300,000, and for the tax year 2013–14 it is ￡325,000.Required:(a) Calculate the inheritance tax which will be payable as a result of James’ death, and state who will be responsible for paying the tax. (6 marks)(b) Explain why it might have been beneficial for inheritance tax purposes if James had left a portion of his estate to his grandchildren rather than to his children. (2 marks)(c) Explain why it might be advantageous for inheritance tax purposes for a person to make lifetime gifts even when such gifts are made within seven years of death.Notes:1. Your answer should include a calculation of James’ inheritance tax saving from making the gift of property to the trust on 2 August 2013 rather than retaining the property until his death.2. You are not expected to consider lifetime exemptions in this part of the question. (2 marks)

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第3题

共用题干 Ludwig Van Beethoven,a major composer of the nineteenth century,overcame many personal problems to achieve artistic greatness.Born in Bonn,Germany,in 1770,he first studied music with the court organist,Gilles van der Eeden.His father was excessively strict and given to heavy drinking._________(46)Appointed deputy court organist to Christian Gottlob Neefe at a surprisingly early age in 1782,Beethoven also played the harpsichord and the viola. In 1792 he was sent to Vienna by his patron,Count Ferdinand Waldstein,to study music under Haydn.Beethoven remained unmarried.__________(47)Continually plagued by ill health,he developed an ear infection which led to his tragic deafness in 1819.___________(48)He completed mature masterpieces of great musical depth:three piano sonatas, four string quartets,the Missa Solemnis,and the 9th Symphony.He died in 1827.__________(49)Noting that Beethoven often flew into fits of rage,Goethe once said of him,"I am astonished by his talent,but he is unfortunately an altogether untamed personality."___________(50)______（48）A:In spite of this handicap,however,he continued to write music.B:Because of irregular payments from his publishers and erratic support from his patrons,he was troubled by financial worries throughout his adult life.C:His life was marked by a passionate dedication to independence.D:When his mother died,Beethoven,then a young man,was named guardian of his two younger brothers.E:Although Beethoven's personality may have been untamed,his music shows great discipline and control,and this is how we remember him best.F: Today his music is still being played all over the world.

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第4题

The manager got angry just because his secretary was ten minutes late.A: lost his mood B:lost his temper C: lost his mind D:lost his passion

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第5题

Mr.Smith was a wealthy industrialist,but he was not satisfied with life.He did not sleep well?and his food did not agree with him.This situation lasted for some time.Finally,after several sleepless nights,he decided to consult his doctor.The doctor advised a change of surroundings."Go?abroad,"he said."But I′m not good at foreign language,"said Mr.Smith."It doesn′t matter,"said the doctor.":It won′t hurt you to talk a little less.Go on a voyage.Take plenty of exercise.Try?to reduce your weight.Avoid rich food." Mr.Smith went to Switzerland.He did not know French or German,and had to communicate?through gestures.He attended a physical training′course.The instructor made him bend his knees,swing his arms,stretch his neck and shake his head rapidly.He had to lie on the ground and raise?his right and left legs alternately.After a time?his muscles grew hard and firm.He forgot the financial?crisis and the importance of raising the level of production.He even began to notice individual trees?and individual birds. Finally he returned home.But unfortunately his improvement was only temporary.Soon he was a?normal businessman again,worried about his property;his profits,his savings,his advancement in?a technological society,and things in general.In the second paragraph,the word"gestures′"means《》（）A.body movements B.simple words C.pens or pencils D.handshakes

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第6题

Mr.Smith was a wealthy industrialist,but he was not satisfied with life.He did not sleep well?and his food did not agree with him.This situation lasted for some time.Finally,after several sleepless nights,he decided to consult his doctor.The doctor advised a change of surroundings."Go?abroad,"he said."But I′m not good at foreign language,"said Mr.Smith."It doesn′t matter,"said the doctor.":It won′t hurt you to talk a little less.Go on a voyage.Take plenty of exercise.Try?to reduce your weight.Avoid rich food." Mr.Smith went to Switzerland.He did not know French or German,and had to communicate?through gestures.He attended a physical training′course.The instructor made him bend his knees,swing his arms,stretch his neck and shake his head rapidly.He had to lie on the ground and raise?his right and left legs alternately.After a time?his muscles grew hard and firm.He forgot the financial?crisis and the importance of raising the level of production.He even began to notice individual trees?and individual birds. Finally he returned home.But unfortunately his improvement was only temporary.Soon he was a?normal businessman again,worried about his property;his profits,his savings,his advancement in?a technological society,and things in general.Mr.′Smith went to see his doctor because he《》（）A.had little to eat B.was seriously ill C.had to sleep D.didn't feel well

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第7题

Mr.Smith was a wealthy industrialist,but he was not satisfied with life.He did not sleep well?and his food did not agree with him.This situation lasted for some time.Finally,after several sleepless nights,he decided to consult his doctor.The doctor advised a change of surroundings."Go?abroad,"he said."But I′m not good at foreign language,"said Mr.Smith."It doesn′t matter,"said the doctor.":It won′t hurt you to talk a little less.Go on a voyage.Take plenty of exercise.Try?to reduce your weight.Avoid rich food." Mr.Smith went to Switzerland.He did not know French or German,and had to communicate?through gestures.He attended a physical training′course.The instructor made him bend his knees,swing his arms,stretch his neck and shake his head rapidly.He had to lie on the ground and raise?his right and left legs alternately.After a time?his muscles grew hard and firm.He forgot the financial?crisis and the importance of raising the level of production.He even began to notice individual trees?and individual birds. Finally he returned home.But unfortunately his improvement was only temporary.Soon he was a?normal businessman again,worried about his property;his profits,his savings,his advancement in?a technological society,and things in general.When he traveled abroad,Mr.Smith__________《》（） A.learned boxing B.forgot all about his business C.raised the level of production D.shook his head all the time

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