第1题:
B
Computer programmer David Jones earns ¥35,000 a year designing new computer games, yet he cannot find a bank ready to let him have a credit card (信用卡). Instead, he has been told to wait another two years, until he is 18. The 16-year-old works for a small firm in Liverpool, where the problem of most young people of his age is finding a job. David’s firm releases (推出) two new games for the fast throwing computer market each month.
But David’s biggest headache is what to do with his money. Even though he earns a lot, he cannot drive a car, take out a mortgage (抵押贷款), or get credit cards. David got his job with the Liverpool-based company four months ago, a year after leaving school with six O-levels and working for a time in a computer shop. “I got the job because the people who run the firm knew I had already written some programs,” he said. David spends some of his money on records and clothes, and gives his mother 50 pounds a week. But most of his spare time is spent working.
“Unfortunately, computing was not part of our studies at school,” he said. “But I had been studying it in books and magazines for four years in my spare time. I knew what I wanted to do and never considered staying on at school. Most people in this business are fairly young, anyway.” David added: “I would like to earn a million and I suppose early retirement (退休) is a possibility. You never know when the market might disappear.”
60. In what way is David different from people of his age?
A. He often goes out with friends.B. He lives with his mother.
C. He has a handsome income. D. He graduated with six O-levels.
第2题:
听力原文: Some banks offer other types of loans repayable by monthly installments, such as business development loans, house improvement loans, and farm development loans. These may be either secured or unsecured. Secured loans attract a slightly lower rate of interest than unsecured loans. Some banks offer revolving credit schemes. These normally involve loans repayable by regular monthly installments, but they differ from other loans repayable by installments in two respects. First, the borrower need not take up the full amount of the loan at the outset. Secondly, as his repayments reduce his indebtedness, he can "top up" his loan by borrowing more, provided that the total debt outstanding does not exceed his agreed credit limit. In 1967 some banks introduced a new form. of account called a "budget account". The object is to allow personal customers to spread the incidence of normal personal and household expenditure.
24. Which of the following loans is not repaid by installments?
25.Which of the following loans would attract a lower rate of interest?
26.How does a borrower "top up" his loan?
27.What is the objective of introduction of the budget account?
(24)
A.Business development loans.
B.House improvement loans.
C.Farm development loans.
D.Overdrafts.
第3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)
(a) James – Inheritance tax arising on death
Lifetime transfers within seven years of death

The personal representatives of James’ estate will be responsible for paying the inheritance tax of £348,000.
Working – Available nil rate band

(b) Skipping a generation avoids a further charge to inheritance tax when the children die. Gifts will then only be taxed once before being inherited by the grandchildren, rather than twice.
(c) (1) Even if the donor does not survive for seven years, taper relief will reduce the amount of IHT payable after three years.
(2) The value of potentially exempt transfers and chargeable lifetime transfers are fixed at the time they are made.
(3) James therefore saved inheritance tax of £20,000 ((310,000 – 260,000) at 40%) by making the lifetime gift of property.
第4题:
第5题:
第6题:
第7题:
One of the six goals set by President Bush in his"America 2000"Plan is ()
Aelimination of drugs and violence from school
Bthe increase of high-school graduation rate to 86%
Ccompetence in forging language,mathematics,science,history and geography
Dthe increase of adult literacy rate
第8题:
Unfortunately, his father()in the traffic accident yesterday.
第9题:
evidence of his use of oral techniques in his poetry
evidence of his thoughtful deliberation in composing his poems
his scrupulous concern for representative details in his poetry
his incorporation of Western European literary techniques in his poetry
第10题:
self-reflective
self-confident
self-conscious
self-destructive
第11题:
to notice his tone, his posture, and the look in his eye
to listen to how he pronounces his words
to check his words against his manner, his tone of voice, and his posture
not to believe what he says
第12题:
butterflies in his heart
butterflies in his mind
butterflies in his stomach
butterflies in his spirit
第13题:
30. Mike can't mend _______ .
A. his kite
B. his shoes and kite
C. his chair
D. his door
第14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、$72,000
B、$76,000
C、$80,000
D、$84,000
E、$88,000
第15题:
第16题:
第17题:
第18题:
第19题:
Unfortunately, his father()in the traffic accident yesterday.
Adead
Bwas killed
Ckilled
Dwas dead
第20题:
One of the six goals set by President Bush in his"America 2000"Plan is ()
第21题:
elimination of drugs and violence from school
the increase of high-school graduation rate to 86%
competence in forging language,mathematics,science,history and geography
the increase of adult literacy rate
第22题:
dead
was killed
killed
was dead
第23题:
Known for his temper, impatience, and how easily he can be irritated
Knowing his temper, impatience, and irritability
Known for his temper, impatience, and irritability
Known for his temper, impatience, and irritation
Known for his temper, for his impatience, and his irritability