QUESTION 1 (20 marks, 30 minutes) You have recently obtained your BCom qualification, and your university lecturer has requested you to take the position of a tutor for Auditing level 2 students. Having taken the position as a tutor, the students posed the following questions during your session on the topic below. “The auditor is often described as the guard dog of his/her client and […]
Posted: April 10, 2024
QUESTION ONE [40] Fintech and the future of finance: Market and Policy Implications Core policy objectives and evolving trade-offs Main Policy Challenges Authorities are eager to foster the benefits of digital transformation, but they are also mindful of various challenges that emerge as digital transformation continues to permeate market activities. Fintech can promote poverty alleviation and economic growth by enhancing financial efficiency, inclusion, competition, and […]
Posted: April 3, 2024
QUESTION ONE [40] Authorities are eager to foster the benefits of digital transformation, but they are also mindful of various challenges that emerge as digital transformation continues to permeate market activities. Fintech can promote poverty alleviation and economic growth by enhancing financial efficiency, inclusion, competition, and innovation; however, these benefits must be carefully weighed against challenges and risks such as those described in chapter 3. […]
Posted: March 31, 2024
QUESTION ONE [40] Case Study Title: Optimizing Organizational Structure at Telkom Introduction: Telkom, a prominent telecommunications company in South Africa, has been at the forefront of providing telecommunication services to millions of customers. To ensure its continued success in a rapidly evolving industry, Telkom recognizes the need to adapt its organizational structure. This case study examines the factors affecting organizational structure within Telkom and applies […]
Posted: March 31, 2024
QUESTION ONE [50] Read the following article and answer the questions that follow: Hierarchical and Relational Database Accounting Systems: Critical Aspects and Trade-Offs Although the transition from hierarchical to relational databases marked a crucial turning point in the development of accounting systems, the concept hierarchy has not entirely been abandoned. Hierarchical coding, is distinct from sequential encoding schemes, may have different implications on the selectivity/accuracy/efficiency of the […]
Posted: March 27, 2024
QUESTION ONE [40] XYZ Innovations (Pty) Ltd. is a tech startup founded by John and Sarah, who are childhood friends. The company specializes in developing cutting-edge software solutions for various industries. Over the years, the company has grown rapidly and attracted investors due to its innovative products. However, recently, XYZ Innovations (Pty) Ltd. has been facing financial difficulties, and there have been disagreements between the […]
Posted: March 27, 2024
QUESTION ONE [25] 1.1 Discuss the relativist argument as a source of ethics. (13) 1.2 Analyse the significance of the environmental movement for business ethics. (12) QUESTION TWO [25] 2.1 Evaluate the objectives of the King reports on corporate governance. (12) 2.2 Describe the minimal and maximal duties of multinational corporations. (13) QUESTION THREE [25] 3.1 Analyse the procedures a business could institute in order […]
Posted: March 25, 2024
Question 1: ‘‘We are now at the start of what may become the most dramatic change in international order in several centuries . . . What we are facing isn’t the single shift of corporate leaders . . .as much as an avalanche of ceaseless change . . . creating unprecedented disruption and dislocation’’ (Ramo, 2009). In essence, corporations may be entering a period of […]
Posted: March 24, 2024
QUESTION ONE [25] Distinguish between the following two methods of allocating joint costs: Sales value method (5) Gross margin method (5) Analyse the purpose of preparing financial statements. (10) Describe the meaning of the term variable cost. (5) QUESTION TWO [25] A standard quantity of 2 kilograms of material BB at a standard price of R4 per kilogram is allowed for the production of one […]
Posted: March 21, 2024
QUESTION ONE [20] “Modern technology, enables even perishable goods to be stored for longer periods of time.” In terms of the above statement, with the aid of suitable diagrams contained in the demand- supply model, examine how the above factor impacts the equilibrium price and quantity for consumers and suppliers. QUESTION TWO [25] Assess how the production possibility frontier illustrates the basic economic problem of […]
Posted: March 12, 2024
