Financial Planning: the factors involved in deciding on appropriate pricing strategies
第1题:
● Which of the following factors has historically been the greatest contributor to project failure?
A Planning performed by a planning group.
B Poor financial estimates.
C Lack of sufficient management reserve.
D Lack of management support.
E Not using an automated tracking tool.
第2题:
(b) Using models where appropriate, what are likely to be the critical success factors (CSFs) as the business
grows and develops? (10 marks)
第3题:
Which of the following factors has historically been the greatest contributor to project failure?
A.Planning performed by a planning group.
B.Poor financial estimates.
C.Lack of sufficient management reserve.
D.Lack of management support.
E.Not using an automated tracking tool.
第4题:
(c) (i) Provide three examples of personal financial planning protection products that would be of use in
Henry’s situation. Justify your selections by reference to the type of protection provided. (6 marks)
第5题:
(ii) Briefly discuss FOUR non-financial factors which might influence the above decision. (4 marks)
第6题:
(c) Briefly describe five factors to be taken into account when deciding whether to use recruitment consultants.(5 marks)
第7题:
(b) (i) Discuss the main factors that should be taken into account when determining how to treat gains and
losses arising on tangible non-current assets in a single statement of financial performance. (8 marks)
第8题:
By using Project Risk Management techniques, project managers can develop strategies that do all but which of the following:
A Significantly reduce project risks
B eliminate project risks
C provide a rational basis for better decision making
D identify risks, their impact(s), and any appropriate responses
E None of the above.
第9题:
(d) Comment on THREE factors other than NPV that the directors of ITL should consider when deciding whether
to manufacture the Snowballer. (3 marks)
第10题:
(c) Prepare brief notes for the proposed meeting with Charles and Jane. Clearly identify the further information
you would need in order to advise them more fully and suggest appropriate personal financial planning
protection products, in respect of both death and serious illness. (9 marks)
You should assume that the income tax rates and allowances for the tax year 2005/06 and the corporation tax
rates for the financial year 2005 apply throughout this question.
When considering the shortfall
– The family’s expenditure is likely to increase as the children get older, particularly if there is a need for school fees.
– There will be a need for some cash immediately to pay for the cost of the funeral.
– It is assumed that the whole of Jane’s estate has been left to Charles such that there will be no inheritance tax on her
death.
– The shortfall may be reduced by:
(i) State benefits and tax credits.
(ii) Expenditure on non-essential items, e.g. holidays and entertainment included in the annual expenditure of
£45,500.
(iii) The income generated by Charles if he were to return to work.
– The shortfall may be increased by additional child-care costs due to Charles being a single parent, particularly if he
returns to work full-time.
Further information required
– The level of state benefits and tax credits available to Charles.
– The current level of expenditure on non-essential items.
– The costs of child-care if Charles were to return to work.
– Details of any wills made by Charles or Jane.
– Whether Charles’ investment properties could be sold and the proceeds invested in assets with a higher annual return.
– Whether there is any value in Speak Write Ltd independent of Jane, such that the company could be sold after Jane’s
death.
Other related issues
– The couple should consider making provision for their retirement via pension contributions or some other form. of long
term investment plan.
– The couple should recognise that there would be significant financial problems if Jane were to become seriously ill. In
addition to the family’s income falling as set out above, its expenditure would probably increase.
Protection products
– Term life assurance
A qualifying life policy would pay out a tax-free lump sum on Jane’s death.
– Permanent health insurance
Would provide a regular income if Jane were unable to work due to illness.
– Critical illness insurance
Would provide a capital sum in the event of Jane being diagnosed with an insured illness.