XYZ Company Limited invests in a particular project and it has been estimated that after X months of running, the cumulative profit (Sh. ‘000’) from the […]

(a) State and explain from tax perspective whether each of the following items are capital or revenue. – Legal and professional fees on computerization. – Structural […]

Miss Jane’s contract of employment for five years was terminated on 31 December 2005 after it had run for three years. Compensation for Sh.300,000 was paid. […]

Two machines, A and B are used to process certain items. The cost function for each machine is given by: Machine A: Y = 15 + […]

A removal firm has received an order to remove the contents of a house situated 100 kilometres from its offices. The firm operates two sizes of […]

Explain how you would verify the following: a) Investment income. (5 marks) b) Bank balances. (5 marks) c) Contingent liabilities. (5 marks) d) Petty cash balances. […]

A baker‟s speciality is a cake containing fresh cream. Between 25 and 30 of these cakes are demanded each day by customers. The frequency distribution of […]

Consider the following project network and activity times (in weeks). Activity Activity Times (weeks) A B C D E F G H 5 3 7 6 […]

Explain the following terms as used in network analysis: (i) Network planning; (2 marks) (ii) Activities; (2 marks) (iii) Events; (2 marks) (iv) Critical path; (2 […]