August 27, 2021

Terms as used in auditing

What is meant by the following terms as used in auditing: i. Cut off procedure? (5 marks) ii. Audit in depth? (5 marks)
August 27, 2021

Audit procedure

You are a senior member of the audit team at Grain Millers Ltd., a company whose business is milling maize, wheat and other products for local […]
August 27, 2021

Trendy Tyres Ltd. has introduced a new brand of tyres

Trendy Tyres Ltd. has introduced a new brand of tyres, which in their advertisements claim to be superior to their only competitor brand, the Roadmaster Tyres. […]
August 27, 2021

paired t-test and the two-sample t-test

Explain the difference between the paired t-test and the two-sample t-test.
August 27, 2021

Terms and their effects on taxable

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.
August 27, 2021

Unemployment

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 […]
August 27, 2021

Capital allowances for the company

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 […]
August 27, 2021

Functions of internal audit department

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. […]
August 27, 2021

Risk measured by the standard deviation

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 […]
My Account