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A _____________ varies in descrete steps.
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B. Analog carrier
C. Digital signal
D. Voice signal
Answer: C

EFG is preparing its financial statements to 31 March 20X8. During the year ended 31 March 20X7, EFG purchased a piece of land for $1 million which is used as the staff car park. EFG has a policy of revaluing land, in accordance with International Accounting Standards, and at 31 March 20X8, accounted for a substantial increase in its value.
Revenue and operating profit has remained constant over the 2 years.
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B. Increase in return on capital employed.
C. Decrease in net asset turnover.
D. Decrease in return on capital employed.
E. Increase in profit before tax.
F. Increase in net asset turnover.
Answer: A,C,D


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