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Telephone: 86 10 6850 2114 Web: http://en.ndrc.gov.cn Arising from the State Planning Commission (SPC, founded in 1952 and later renamed as the State Development Planning Commission [SDPC]), the National Development and Reform Commission (NDRC) is a central government agency in charge of macroeconomic management under the State Council. It is responsible for studying and proposing strategies and plans for national economic and social development, the overall balance of supply and demand, and structural adjustments. The NDRC has 26 departments directly under the commission of ces: 1. Communications and Transportation Department 2. Department of Industries 3. Development Planning Department. Proposes strategies for national economic and social development and distribution of productive forces; proposes objectives and policies for medium- to long-term national economic growth, balance of total demand and supply, and structural adjustments; formulates medium- to long-term development plans; coordinates and balances plans and policies of various industries. 4. Economic Performance Bureau. Analyzes trends in economic performance; coordinates emergency dispatches of strategic commodities; coordinates the foreign trade shipping industry. 5. Economic Restructuring and Comprehensive Reform Department. Analyzes balance of capital from all sectors; studies scal and monetary policies; analyzes scal and monetary policy implementation and proposes solutions to problems. Proposes strategies and policies for direct nancing; participates in determining the total size, structure, and destination of marketable securities; consults the People s Bank of China in proposing total scale of enterprise bond issues and industrial investment fund issues; determines fund destinations; supervises fund use. Proposes objectives and policies for regulating overall price levels; monitors and forecasts uctuations of overall price levels. 6. Employment and Income Allocation Department 7. Energy Bureau. Regulates industries, including oil, power, and coal.



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Recommendation V-6 The following recommendation of the Macdonald Commission should be adopted by the Auditing Standards Board in the United States: When new accounting policies are adopted in response to new types of transactions or new kinds of assets or obligations, the auditor should be satisfied that the accounting policies adopted properly reflect the economic substance of the transaction, asset, or liability in accordance with the broad theory governing presentday financial reporting and the established concept of conservatism in the face of uncertainty. Recommendation V-7 Peer reviewers should evaluate the consultation process by which specific accounting conclusions are reached, as they do now, and should also inquire whether that process leads to accounting that is appropriate in the circumstances. In testing compliance with the consultation policies and procedures in a firm, the peer review team should evaluate the quality of the conclusions reached. Recommendation V-8 The concurring partner, whose participation in an audit is a membership requirement of the SEC Practice Section, should be responsible for assuring that those consulted on accounting matters are aware of all of the relevant facts and circumstances, including an understanding of the financial statements in whose context the accounting policy is being considered. The concurring and consulting partners should know enough about the client to ensure that all of the relevant facts and circumstances are marshalled, and also possess the increased detachment that comes from not having





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dard activities, even though some of them might be given a different name. However, since the ISEB standard is the only testing terminology standard in the world, it is used as a reference point in this chapter when describing the platform testing activities. The progress of the platform testing procedure follows the pattern shown in Figure 8-3. The Basic Acceptance Testing (BAT) is the only testing done on every individual bi-weekly release. The rest of the couple of thousand of cases are run only once during the program if the following two things are true: rst, the test is passed and, second, there is no further risk of regression caused by xes to any other components that would make it necessary to re-run this test case.

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For a long time it has been “online vs. offline” and “digital vs. analog” – but we are in the midst of the all-digital age, part of a generation which strives to turn ...

tasks, such as compensation. Projects within functional groups pose no organizational problems, but projects that span functional groups are arduous to manage because project managers have no functional authority and must work through the functional managers to assign, monitor, and coordinate work. Matrix organizations are required when many projects span functional boundaries. This structure gives authority to both project managers and functional managers by having both of them report to the same executive (see Figure 2.8). Functional managers will be involved in deciding who will work on project teams and will maintain respon-

Mactire accounts for the investment in Hand at fair value. The share price of Hand at December 31, 20X4, is $5 million; at December 31, 20X5, it is $6 million. Hand has no contingent liabilities at the above dates. The next balance sheets relate to Mactire and Hand at December 31, 20X5:

1999 Market-based leverage VE/VA s Table 5.9 Final Results 1999 Implied DP Economic capital = VA DP Economic capital as reported Difference from reported (in %) 801.55 19.98 19.30 3.70% 6.33% 1.15 0.20% 5.62%

7.2 Restoring Preparing a backup and restoration plan is an integral part of accessing the company s protection level. The first step is to have documentation that lists the hardware and software environments. In short, you should keep track of the following items, although you are not limited to this list: Type of computer Add-on hardware (drives, printers, etc) Storage media Network connections Devices Model numbers Serial numbers Upgrade levels or service pack levels Software installed and its purpose

The Detach button separates the selected subobjects from the rest of the object (opposite of the Attach button). When you click this button, the Detach dialog box opens, enabling you to name the new detached subobject. When segments are detached, you can select the Same Shape option to keep them part of the original object. The Reorient option realigns the new detached subobject to match the position and orientation of the current active grid. The Copy option creates a new copy of the detached subobject. You can use Detach on either selected Spline or Segment subobjects.

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