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This questions are complete. I need all of them done. i) The accounting standards board (ASB) of a particular country is considering the introduction of

This questions are complete. I need all of them done.

i)

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The accounting standards board (ASB) of a particular country is considering the introduction of new disclosure requirements so that investors can gain a better understanding of the significance of the pension liabilities of a company. Pension schemes in the country are not funded. Pensions are guaranteed by the company and the company is required to purchase an insurance policy which would provide the pension should the company become insolvent. A group representing investors is intending to make representations to the ASB. They would like to be able to rank companies based on the significance of their pension liabilities. (i) Set out the relevant information that could be included in company accounts under the new disclosure requirements. [3] (ii) Outline how this information would help investors to understand the significance of the pension liabilities of a particular company. [3] (iii) Explain how investors might rank companies according to the significance of their pension liabilities when presented with this information. [2](i) State why pension funds generally have investment restrictions. [3] (ii) Outline reasons why a pension scheme's investment restrictions might limit exposure to hedge funds. [4] (iii) Suggest other issues that pension fund trustees might have regarding hedge fund investment. [3] [Total 10]A health insurance company has collected data on sickness rates during the calendar year 2013 among a sample of its policyholders aged 40-64 years inclusive. It compares these to the rates among its policyholders of the same age in 2012. It finds that at ages 40-50 years inclusive, and at ages 56-61 years inclusive, the sickness rates in 2013 are higher than those in 2012. At other ages, the sickness rates in 2013 were lower than those in 2012. (i) Carry out two tests of the null hypothesis that the underlying sickness rates in 2013 are the same as those in 2012. [6] (ii) Comment on the implications of the results of your test for the company's sickness insurance business. [2]A new machine will cost a company $700,000 and will increase profits by $180,000 per year. The machine will be depreciated over ten years. What is the payback period on this machine? 2 years and 10 months 3 years and 11 months 6 years and 4 months 10 years exactly

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