【摘要】 关注ACCA考试历年真题可以更好地掌握考试出题动向,明确知识点和考查方式。考必过小编为大家精心整理了2008年6月ACCA考试:Part I真题答案(5),希望能够帮助即将参加ACCA考试的考生们顺利达成考试目标。让我们来看看2008年6月ACCA考试:Part I真题答案(5)的详细内容吧,内容如下:
导读:无忧考网提供了“2008年6月ACCA考试:Part I真题答案“希望对后来者有所启示。 (iii) Importance of confidentiality in the financing of the project and the normal duty of transparency. I have been asked to include a statement in my remarks on the balance between our duty to be transparent whenever possible and the need for discretion and confidentiality in some situations. In the case of our initial working capital needs for the Giant Dam Project,the importance of confidentiality in financing is due to the potential for adverse publicity that may arise for the lender. It is important that R&M have the project adequately financed, especially in the early stages before the interim payments from the client become fully effective. In general,of course,we at R&M attempt to observe the highest standards of corporate governance and this involves adopting a default position of transparency rather than concealment wherever possible. We recognise that transparency is important to underpin investor confidence and to provide investors with the information they need to make fund allocation decisions. Whilst it is normal to disclose the amount of debt we carry at any given point (on the balance sheet),it is rarely normal practice to disclose the exact sources of those loans. In the case of the financing of initial working capital for the Giant Dam Project, I’m sure you will realise that in this unique situation,disclosure of the lender’s identity could threaten the progress of the project. For this reason we must resist any attempts to release this into the public domain. We are aware of one pressure group that is actively seeking to discover this information in order to disrupt the project’s progress and we shall be taking all internal measures necessary to ensure they do not obtain the information. Thank you for listening.
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