The normal and crash duration together with their associated costs for the various activities involved in a repair work is given below. The indirect cost for supervision of the work is also indicated. Time (days) Cost(Sh) Activity Normal Crash Normal Crash 1-2 1-3 2-4 3-4 4-6 5-6 3-5 5-7 6-7 […]

Leo, Kesho and Kutwa trade in electrical goods and as partners in Leo Unincorporated. They share profits and losses equally. The following details in the draft accounts regarding their profit and loss status as at 31 December 2005 have been provided: Debits Sh. Credits Sh. Office expenses General expenses Salaries […]

You have been appointed project manager for a large project which is in the very early planning stage. Give you reasons for using net-work analysis techniques for: (i) Planning the project, giving particular emphasis to the point played by total float. (3 marks) (ii) Controlling the project during its development […]

The following table gives the quarterly demand for the hotel accommodation, in thousands of beds. Year Quarter 1 2 3 4 1995 1996 1997 1998 19.4 22.3 23.3 25.1 20.6 22.6 24.1 27.3 19.5 21.0 22.2 22.8 24.9 25.6 Required: (i) The trend and the average seasonal variation of the […]

In the context of time series, explain the following terms: (i) A basic trend. (ii) Seasonal fluctuations. (iii) Cyclical fluctuations. (iv) Residual variations.

Briefly but clearly explain: (a) The null-hypothesis and the alternative hypothesis. (5 marks) (b) The circumstances in which the paired t-test should be used to test the difference between two means. (5 marks) (c) The difference if any between parametric tests and non-parametric tests. (5 marks) (d) The least squares […]

Specify the basic rules in Income Tax with regards to payment of pension from a registered scheme to: (i) The pensioner, (3 marks) (ii) The widow or widower of a pensioner. (4 marks) (c) Specify the main rules relating to a registered pension fund. (5 marks)

It is common in developing countries to have individuals who cannot distinguish between taxes and charges. Explain the difference between a tax and National social Security Fund deductions.

The following purchases and sales were made by Pepo Limited (VAT No. !00012Y) during the first two weeks of January 2006. Prices shown are inclusive of VAT at the standard rate of 16 percent. P U R C H A S E S S A L E S Unit Price […]