Explain the meaning of the following terms and state their effects on taxable income. (i) Trading receipts. (ii) Balancing charge. (iii) Trading loss (iv) Balancing deduction.

a) Define the term unemployment (2 marks) b) i) Discuss the main causes of unemployment (10 marks) ii) Suggest the possible measures that you would implement […]

A Forest Tree Fellers Ltd. commenced business on 1 January 2005. The following fixed assets of the company which it acquired prior to the commencement of […]

You are the auditor of NN Supermarkets Limited across the country. The management has informed you that they intend to set up an internal audit function. […]

The finance manager of Apr Construction Ltd. has two investment proposals before him and he wishes to choose one of them. He will choose the project […]

Excel Audit Consultants (EAC) have engaged three audit trainees; O, K and M. After three months, the audit supervisor notices that 3%, 5% and 4% of […]

(i) State the Baye’s theorem (2 mark) (ii) What is the importance of Baye’s theorem to a business manager? (8 marks)

Using the data from the hypothetical clinical situation that we present to you in this task, carry out your first Nursing Care Plan for this client. […]

What is the form of audit opinion you would give if you concluded that the client company was experiencing going concern problems and: i. you have […]