On 1 November 2019, Billy, who worked as a banker, returned from Japan for business trip with his luggage in the Hong Kong Airport. There was a long queue for taxi, so he decided to take the airport shuttle bus to meet an important client, Success Ltd., concerning a loan arrangement for the merger and acquisition. Because Billy was in a hurry, he left his luggage in the shuttle bus. The luggage contained his proposal and some business documents related to Success Ltd. which were important and confidential. Billy was extremely nervous to get his luggage back and put an advertisement in a local newspapers. The advertisement mentioned that he was willing to pay a reward of HK$20,000 to any person who returned the luggage to him. To show his sincerity, Billy also deposited HK$5,000 as deposit in the bank account.

This has also been referred in the newspapers advertisement. David, the shuttle bus driver, found Billy’s luggage in the shuttle bus, went to the address printed on the tag of the luggage, and returned the luggage to Billy, without reading the advertisement. Billy was very delighted that his luggage was returned and gave David HK1,000 as a reward for his help. David subsequently read the newspapers advertisement and now wants to claim the HK$20,000 reward. Billy refused to pay and said that David was not entitled to the reward. In fact, Billy would like to claim back the HK$1,000 reward that he paid earlier to David. Billy then went to a skiing holiday. Before leaving he orders a grey carpet for his new home from Quality Carpet Ltd’s (QCL) sample book and has paid HK$20,000 to QCL. The back of the sample has a sticker on it which describes the carpet as 100 percent wool. Billy also bought an expensive set of new skis from Alpine Ltd. (AL) for HK$25,000. The first time Billy uses the skis they snap into pieces. On his return from holiday, Billy discovers the colour of the carpet is pink and 100 percent polypropylene. Early this month, Billy booked his car into Tan’s garage for a service. When he collected the car Tan told Billy that the work was complete, but in fact, Tan had forgotten to fully tighten the handbrake cable. Billy lived on a hill and when he got home he applied the handbrake and got out. The handbrake failed to hold the car which rolled down the hill and crushed Jill, who was loading shopping into the back of her car. As a result of the collision, Billy’s car was damaged and Jill was injured.

Advise Billy as to her rights and remedies against QCL and AL under sale of goods law.

These balances and totals are from Mark and Brake Ltd who manufactures sport equipment:
Inventory: 1 March 20x7
Raw material
14 400
Work-in progress (WIP)
9 500
Finished goods
52 000
Delivery vehicle at cost
19 000
Plant and machinery at cost
120 000
Office furniture at cost
6 000
Bank
11 400
Accumulated depreciation on 1 March 20x7:
Delivery vehicles
3 800
Plant and Machinery
36 000
Office furniture
1 200
Water and electricity:
Factory
6 200
Office
320
Purchase of raw material
144 000
Customs duty on raw material
3 400
Freight in on raw material
7 200
Insurance paid :
Factory
2 520
Office
840
Insurance paid in advance 1 March 20x7
Factory
960
Office
260
Allowance for bad debts on 1 March 20x7
830
Account receivable
16 600
Factory wages
73 000
Indirect labour
9 600
Salaries:
Sale personnel
17 40
Office personnel
11 600
Factory overheads
4 560
Stationary
760
Sales
260 400
Page 19 of 21
Additional information:
1. Inventory on hand 28 February 20x8:
 Raw material R13 400
 Work – in- progress R10 700
 Finished goods R60 000
2. Depreciation should be provided for on the reducing-balance method:
 Delivery vehicle 20% p.a.
 Plant and machinery 15%p.a.
 Office furniture 5%p.a
3. Insurance is payable one year in advance on 1 July.
4. Finished goods are transferred from the factory to the sales department at production cost plus 25%
You are required to:
Prepare a work – in – progress inventory account for the year ended 28 February 20x8.
PART 2 (20 marks: 36 minutes)
Mr Len Naidoo, the owner of Widget Distributors, has in the past imported widgets. However, from 1 January 20x8, he decided to manufacture the widgets himself.
Here is the abridged statement of financial position of Widget Distributors at 31 December 20x7:
Capital – Len Naidoo
2 000
Inventory (1 000 units)
800
Accounts payable
1 000
Accounts receivable
700
Bank
1 500
3 000
3 000
Page 20 of 21
From a scrutiny of vouchers and other documents you find that these transaction have taken place during the year ended 31 December 20x8:
1. Cash transaction as per the cash book:
Receipts:
Capital introduced by Mr Naidoo R10 000
Accounts receivable R6 000
Cash sales R2 000
Payments:
Accounts payable R7 000
Drawings- Mr Naidoo R2 500
Wages paid to manufacturing staff R3 000
Rent for factory R1 200
Hire of specialised machinery R1 300
2. Amount owing, totalling R3 500 were written off as bad debts.
3. 5 500 units were sold.
4. A royalty of 10 cents per completed unit manufactured during the year is payable in arears on 1 January of the following year.
5. In addition, the following balance at 31 December 20x8 were determined:
 Accounts payable – raw material R3 500
 Accounts receivable – trade debtors R1 200
 Inventory: Finished goods (4 500 units) R?
 Work – in – progress (2 000 units) R?
 Raw material R2 500
6. Inventory is valued at factory cost using the first – in first – out basis.
7. Work – in – progress at 31 December 20x8 was 75% complete in respect of raw material, and 45% complete in respect of direct labour and overheads.
You are required to:
1) Prepare the statement of the cost of goods manufactured for Widget distributors for the year ended 31 December 20x8.
2) Calculate the gross profit of Widget Distributors for the year ended 31 December 20x8.

Question 10a.

Consider again the file MyNotes.txt from the previous questions. Assuming that users who are neither Bob nor members of the personnel group should have no access to the file, which octal code would you use with chmod to set the permissions on the file for all users?

Select one:

a. 665

b. 664

c. 110

d. o+0

e. 660

f. 770

g. o-0

h. 550

i. o=7

j. 764

k. 655

l. o=0

m. 755

n. 760

Part B.

A program reads files from disk. After reading the entire file, it processes each file, then writes the processed file back to disk before reading and processing the next file. Assume that the reading of the file from a local disk takes 6 ms, the processing of the file takes 19 ms, and the writing of the processed file back to the local disk takes 27 ms.

How long does it take the program to process 64 files from the local disk? Enter an integer value in milliseconds (ms), without the unit.

Part C

Suppose the program reads and writes the files from a network drive instead, and assume that it takes 16 ms for the computer’s read request to reach this network drive, and the same amount of time for the network drive’s data to travel back to the computer (a situation that corresponds roughly to a computer in Auckland accessing a network drive in Sydney). The write request also takes 16 ms to reach the network drive, and the write confirmation from the drive to the computer also needs to travel back, incurring the same delay. Assume all other times remain the same (including the 6 ms read time and the 27 ms write time at the network drive itself, as well as the 19 ms processing time at the computer). How long does the processing of the 64 files take now?

As an IT professional who may face differing and competing priorities from business units, suggest one (1) strategy for negotiating an achievable project scope without damaging the relationship with business units. Support your answer with the steps that you would take in order to implement your strategy.

From an Australian perceptive, how would you brief your staff who is going to be negotiating with Singapore, what would you put into an information session for your staff regarding the information needed to know about how to negotiate with someone from Singapore? Taking into consideration their culture and custom.

David, who has suffered from ALS for twenty years, is now hospitalized in a private religious hospital on a respirator. He spoke with his physician before he became incapacitated and asked that he be allowed to die if the suffering became too much for him. The physician agreed that, while he would not give David any drugs to assist a suicide, he would discontinue David’s respirator if asked to do so. David has now indicated through a prearranged code of blinking eye movements that he wants the respirator discontinued. David had signed his living will before he became ill, indicating that he did not want extraordinary means keeping him alive. The nursing staff has alerted the hospital administrator about the impending discontinuation of the respirator. The administrator tells the physician that this is against the hospital’s policy. She states that once a patient is placed on a respirator, the family must seek a court order to have him or her removed from this type of life support. In addition, it is against hospital policy to have any staff members present during such a procedure. After consulting with the family, the physician orders an ambulance to transport the patient back to his home, where the physician discontinues the life support.

1. Determine if there is one principle or value, or a combination of principles and values, that is so compelling that the proper alternative is clear.

2. Identify short-term, long-term, positive, and negative consequences for the major alternatives. The short-term gain or loss is often overridden when long-term consequences are considered. This step often reveals an unanticipated result of major importance

From a firm you have visited or worked with, describe supply chain activities, including who is involved and what they provide.

QUESTION 12

1. Children who come to school with no English speaking skills will benefit from being grouped with children who have cognitive disabilities.

   True

   False

2 points   

QUESTION 13

1. Children whose home language should learn to speak English as soon as possible to support emotional development.

   True

   False

2 points   

QUESTION 14

1. Clara is an early childhood educator who has been creating a multicultural environment for her children. One week of each school year, she plans a multicultural night for the school. Families all bring a food dish to share and dress in traditional garments according to Banks, this level of curriculum would be considered a(n) ________.

   		Social action approach
   		Additive approach
   		Transformation approach
   		Contributions approach

3 points   

QUESTION 15

1. Classrooms that have a monolingual group of children should promote multiple language learning for the intellectual, cultural, and social benefits that may result.

   True

   False

2 points   

QUESTION 16

1. Curriculum during the early childhood years and practiced by developmentally appropriate oriented practitioners is child-centered and emerges from the child.

   True

   False