August 11, 2021

Notes on the tax aspects

Write brief notes on the tax aspects of the following: (i) Royalties ( 5 marks) (ii) Import Declaration Form ( 5 marks) (iii) Valuation Roll of […]
August 11, 2021

Internal control of a firm

The matter listed below are always included in the internal control of a firm. You are required to explain the purpose of each of the items […]
August 11, 2021

Markovian analysis

Define the following terms as used in Markovian analysis: (i) Transition matrix (4 marks) (ii) Initial probability vector (2 mark) (iii) Equilibrium (2 mark) (iv) Absorbing […]
August 11, 2021

Economic functions

The following economic functions have been derived by the Finance Manager of a tea company: Qa = 3p2 – 4p and Qb = 24 – p2; […]
August 11, 2021

Acting as consultant

Gatheru and Kabiru Certified Public Accountants have recently started to give business advice to their clients. Acting as consultants, they have estimated the demand curve of […]
August 11, 2021

short notes

Write short notes on the following: (a) Industrial Building – “Hotel” ( 4 marks) (b) Exempt Dividend Income. ( 4 marks) (c) Non-Resident Individual ( 4 […]
August 11, 2021

Audit working papers

Working papers provide the audit evidence. They can be categorized into: i. Auditors’ prepared working papers. ii. Client’s schedules used as working papers. iii. Audit programmes. […]
August 11, 2021

Relationship between average cost and total cost

Two ACCA students were discussing the relationship between average cost and total cost. One student said that since average cost is obtained by dividing the cost […]
August 10, 2021

Project’s expected completion time and its critical path

Consider a project which has been modeled as follows: Activity Immediate Predecessor (s) Completion Time (hours) A B C D – – A A 7 10 […]
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