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question 1briefly explain the following costs termsvariable costs and fixed costs semi- variable costs and semi-fixed costs past costs and future
questionpart abriefly explain the term depreciation and give three reasons why do we need to provide for depreciation on fixed assets during a
question 1what are the kinds of inventory transaction inventoryspeculative inventoryprecautionary inventoryquestion 2explain in brief the inventory
1 describe the following with detailed exampleiwealth maximization iiprofit maximization2 describe the functions and limitations of accounting3
1 describe the impact of different types of standards on motivations and specifically the likely effect on motivation of adopting the labor standard
questikonfor period wilson ltd has produced the following budget figures for product xfor the period the budgeted fixed overhead is rs100000 and the
problemyou are an auditor of a company which operates three large departmental stores at grand bay port louis and tamarinyou are preparing your audit
problemif the auditor wishes to place reliance on internal controlhe should ascertain and evaluate those controls and perform compliance tests on
problema your client has sought your advise on the procedures to be adopted for carrying out the stocktaking which is based on a year-end count you
questionpart ai describe audit sampling why do auditors sample instead of examining every transactionii list the four factors that enter into the
questionpart ai list and define five audit procedures for obtaining audit evidenceii why is it necessary to obtain corroborating evidence for inquiry
part awhat are the five inter-related components of internal control briefly discuss thempart ba file maintained by the accounts department for one
for each of the following situations describe how risk of material misstatement should be assessed and what effect the assessment will have on
kevin black the sole owner of a small bakery has been told that the business should have financial statements reported on by an independent auditor
government has recently set up a parastatal body responsible for waste management in mauritius the management is unsure as to the need for an audit
you have been appointed as an internal auditor in an organisation as part of your duties you are required to provide training to the staff in the
a in order to draw reasonable conclusions an auditor is required to identify and use audit procedures to gather audit evidence you are required to
the following information for the six months ended 31 december 2009 relates to the business of mr n morrisa opening cash including bank balance rs
problema many businesses find it useful to maintain a control account in respect of both their trade receivables and trade payables describe why
question 1the legitimate object of government is to do for a community of people whatever they need to have done but cannot do at all or cannot so
case study labor standards geeta amp company has experienced increased production costs the primary area of concern identified by
case study labor standards geeta amp company has experienced increased production costs the primary area of concern
question 1a companys budgeted production of product zebra for the month ending 30 november 2004 was 10000 units the fixed overheads were budgeted at
motivation is said to be an internal state that energises an individual to engage in certain types of behaviours this process is triggered when the
question 1i explain the process of financial intermediation and discuss the existence of banksii examine the implications of the existence of