(a) What is an audit? (2 marks) (b)Explain the importance of audit to a limited liability company. (10 marks) (c) In addition to shareholders, many different parties are interested in the audited accounts of a company. Name FOUR such parties and state the significance of audited accounts to each one […]

Use the suggested course textbook and references to familiarize yourself with the vocabulary of the workshop (Part II). Define each word in writing and bring the definitions to the workshop. Federal Reserve System Liquidity rate Federal Reserve Board of Governors Federal Reserve District Banks Federal Reserve Open Market Committee Federal […]

Use the course textbook and references to familiarize yourself with the vocabulary from the first part of the workshop. Develop a glossary that defines and explains in detail the concepts listed in the vocabulary section of the workshop. Monetary policy Discount policy Expansive monetary policy Exchange rate regimes and policies […]

Given the following data in millions of shillings pertaining to an economy, determine Net National and Gross National Product Values. (6 marks) National income 3,387 Indirect business taxes (less subsidies) 366 Depreciation 455

(i) Define the term hyperinflation. (2 marks) (ii) what is the effect of high and rising inflationary rate on the rate of interest? (4 marks) (iii) Suggest economic measures to curb inflation. (8 marks)

Use el libro de texto y las referencias del curso, para que se familiarice con el vocabulario de la primera parte del taller. Desarrolle un glosario que defina y explique detalladamente los conceptos enumerados en la sección del vocabulario del taller. Política monetaria Política de descuento Política monetaria expansiva Regímenes […]

Complete a descriptive table detailing the components of the aggregate demand. For the table, develop a column for each component explaining the factors that affect it. Send your work to the space created by the facilitator.

Bring out the determinants of demand for labour

By use of diagrams, illustrate and explain the resultant changes on the equilibrium price and quantity from a simultaneous fall in price of a substitute and an increase in the cost of raw materials for a specific commodity.