AI & Machine Learning in Finance: AI Applications in the Financial Industry – Panel Discussion Accessible from: https://www.youtube.com/watch?v=AONZoaWC9v4 QUESTION 1 (20 Marks) With reference to the presentation made by Kathryn Kaminski from Alpha Simplex critically discuss why she advocates for adaptive models as compared to static models within the financial sector. Your response should also provide for the weaknesses associated to adaptive models. Refer to […]
Posted: February 8, 2024
Company X, is a, South African based, medium-sized manufacturing firm specializing in heavy machinery, has long been known for its reluctance to fully embrace risk management practices. This case study sheds light on how this approach has culminated in a series of operational inefficiencies and workplace accidents, ultimately leading to substantial financial losses and a tarnished reputation. Company X’s disregard for comprehensive risk management has […]
Posted: February 8, 2024
QUESTION 1 (20 MARKS) REQUIRED Use the information provided below to prepare the following for Millwall Enterprises: 1.1 Budgeted Statement of Comprehensive Income for the year ended 31 December 2023. (8 marks) 1.2 Budgeted Statement of Financial Position as at 31 December 2023. (12 marks) INFORMATION The financial statements of Millwall Enterprises for the first year of operations are shown below: Statement of Comprehensive Income […]
Posted: January 18, 2024
QUESTION 1 (20 MARKS) 1.1 REQUIRED Use the information provided below to prepare the Pro-forma Statement of Comprehensive Income of Mentos Limited for the year ended 31 December 2024. Note: The statement must include the gross profit, operating profit, profit before tax and profit after tax. (10 marks) INFORMATION The following budgeted figures have been provided by Mentos Limited for the year ended 31 December […]
Posted: November 30, 2023
Unethical Practices-Case Study of Coca-Cola Company Introduction Ethically run organizations and businesses enhance the attraction of consumers and more investors. Le et al. (2017) outlined that ethical practices are critical to organizational success and reputation. Coca-Cola Unethical Practices Established in 1886, Coca-cola is the globe’s biggest beverage company operating in over 200 nations and territories. To reduce health challenges, Coke is striving to decrease sugar […]
Posted: November 29, 2023
1.1 Prepare the general journal entry to record the adjustment.(4 marks) INFORMATION The following balances, amongst others, appeared in the pre-adjustment trial balance of GH Stores on 28 February 2023, the end of the financial year: Debtors control R40 000 Provision for bad debts R1 800 The provision for bad debts must be adjusted to 5% of debtors. 1.2 REQUIRED Prepare the correct Creditors Control […]
Posted: November 11, 2023
QUESTION 1 (20 MARKS) REQUIRED Use the information provided below to prepare the Statement of Comprehensive Income for the year ended 28 February 2023. FIESTA TRADERS PRE-ADJUSTMENT TRIAL BALANCE AS AT 28 FEBRUARY 2023 Debit (R) Credit (R) Balance Sheet accounts section Capital 2 520 000 Drawings 160 000 Land and buildings 1 800 000 Vehicles at cost 1 […]
Posted: November 8, 2023
At least four major causes of government failures may be identified: 1. Self-seeking and calculating politicians and other actors, who form coalitions to control allocation of resources in accordance with their own narrow interests. 2. Corrupt behaviour amongst politicians and government officials. 3. Lack of absence of competent administrators with the necessary understanding of economics, and business operations. 4. General lack of knowledge about the […]
Posted: November 4, 2023
Sentra Limited is a public company whose headquarters is in Johannesburg, South Africa. It is a manufacturer of automotive products, with a promise to its customers of high quality at affordable prices. It commenced operations on 02 January 2022 with authorised share capital of 600 000 ordinary shares of which 400 000 have been issued at R10 per share. At the end of 2022 the […]
Posted: November 4, 2023
PepsiCo operates about 8 plants and hires an estimated 8,000 employees across the Southern Africa region. Several of their brands exceed R1 billion in annual sales revenue: Fritos, Lay’s, Simba and Doritos just to name a few. Operations management is the focus of the firm—from designing products for new markets, to meeting changing consumer preferences, to adjusting to rising commodity costs, to subtle issues involving […]
Posted: November 2, 2023
