August 6, 2021

Main factors that may cause a fall in the supply of a good in the market

State and briefly explain any four main factors that may cause a fall in the supply of a good in the market.
August 6, 2021

The distinction between supply, demand and equilibrium price

Clearly explain the distinction between supply, demand and equilibrium price.
August 6, 2021

Costs of a project

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 […]
August 6, 2021

Tax perspective

(a) State and explain from tax perspective whether each of the following items are capital or revenue. – Legal and professional fees on computerization. – Structural […]
August 6, 2021

Contract of employment

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. […]
August 6, 2021

Two machines, A and B are used to process certain items

Two machines, A and B are used to process certain items. The cost function for each machine is given by: Machine A: Y = 15 + […]
August 6, 2021

A removal firm has received an order to remove the contents of a houses

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 […]
August 6, 2021

Explain how you would verify the following

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. […]
August 6, 2021

To maximize profit

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 […]
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