“Governments in developing countries tend to overtax individuals in formal employment”. (I) Using suitable explain why Governments find it convenient to continually raise higher taxes on earnings from formal employment. ( 6 marks) (ii) Suggest and explain one proposal on how the Government can be able to generate tax revenue […]

(a) What is „Oligopoly‟? (3 marks) (b) Using a well illustrated diagram, explain why prices are „sticky‟ downwards under an oligopolistic market structure (12 marks)

a) Identify the potential users of audited financial statements. (7 marks) b) What are the specific needs of the potential users of audited financial statements you have identified in (a) above? (7 marks)

(a) State and briefly explain four factors which influence the taxable capacity in a country. ( 6 marks) (b) “Governments in developing countries tend to overtax individuals in formal employment”. (I) Using suitable explain why Governments find it convenient to continually raise higher taxes on earnings from formal employment. ( […]

You have received a request form XYZ Ltd. to accept an appointment as their auditor for the financial year ending 31 December 2001. Required: a) Explain the preliminary procedures you would carry out upon your appointment. (6 marks) b) What is the importance of a preliminary review? (4 marks) c) […]

The national office of a car rental company is planning its maintenance for the next year. The company’s management are interested in determining the company’s needs for certain repair parts. The company rents saloon cars, station wagons and double cab pick-ups. The matrix N shown below indicates the number of […]

The Young Children’s Fund (YCF) is planning its annual fund-raising campaign for its December school holiday camp for disadvantaged children. Campaign expenditures will be incurred at a rate of Sh. 10,000 per day. From past experience, it is known that contributions will be high during the early stages of the […]

Paper details: Movie Review: There are many popular and educational lms that address gender and violence. Find a documentary or drama that is related to a topic that is discussed in the text. Write a 2-3-page paper on the movie and discuss how these lms relate to the class. Be […]

The following is a PERT network planning modeling for the construction of a new home by Tunza Development: 6 D 11 2 4 9 3 13 0 Dummy A 6 3 I 0 C 1 12 1 E 3 5 0 13 5 K 18 B F 4 G J […]