July 26, 2021

wages for a certain group

In Miami town the average weekly wages for a certain group of wage earners was US $ 3,022.50. In 1998 the average weekly pay for the […]
July 26, 2021

Lorenz curve

(a) What is a Lorenz curve? Explain any two areas Lorenz curve can be used. (6 marks) (b) What is an index number? Explain two areas […]
July 26, 2021

the letter of representation

During the final stage of the first audit of Nairobi National Bank Ltd. You request the client to provide you with a letter of representation. The […]
July 26, 2021

UC Limited specializes in selling small electrical appliances

UC Limited specializes in selling small electrical appliances. A considerable portion of the company’s sales is on instalment basis. Although most of the company’s customers make […]
July 26, 2021

the way in which the auditor should approach and perform his work

Explain the way in which the auditor should approach and perform his work in order to meet these responsibilities.
July 26, 2021

the term „fraud‟

(a) What is meant by the term „fraud‟? Give four examples of fraudulent activities. (6 marks) (b) What do you consider to be the auditor‟s responsibilities […]
July 26, 2021

Stochastic process

Define the following terms: (i) Stochastic process: (2 marks) (ii) Transition matrix; (2 marks) (iii) Recurrent state; (2 marks) (iv) Steady state. (2 marks)
July 26, 2021

Restmount Kenya Ltd. was formed on 1 October 1997 in order to exporttea and coffee to European markets

Restmount Kenya Ltd. was formed on 1 October 1997 in order to export tea and coffee to European markets. The Directors are unsure as to their […]
July 26, 2021

Emali Co. Ltd. has undergone a period of substantial growth

Emali Co. Ltd. has undergone a period of substantial growth following its establishment five years ago. At the last annual general meeting Smith & Co. Associates, […]
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