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Question 1:
"The legitimate object of government is to do for a community of people whatever they need to have done, but cannot do at all, or cannot so well do, for themselves - in their separate and individual capacities." Abraham Lincoln [16th President of the USA]. Comment on the role of government with reference to Mauritius.
Question 2:
The budget exercise is little more than a political exercise. Discuss
Question 3:
(a) What is the underlying rationale for project appraisal in the public sector?
(b) Identify the main methods you would employ to appraise projects in the public sector.
(c) Which methods you would recommend and why?
Question 4:
(a) For what reasons would a government introduce a tax?
(b) What factors do you think a government should take into account when introducing a property tax?
a. What are the short-term and long-term market reactions after an IPO? What are the potential reasons for these returns? b. How do you explain the lack of IPO activity in the U
explain 5 threats to auditor
Consider the following scenarios: a) Audit fees received by an auditing firm. b) Final ordinary dividend received. Dividends are declared on 31 December and are payable to sh
An organization in Australia needs to comply with the statutory requirements of taxation. There are different types of taxes among which a few are common for all the industries and
Jenny is 35 years of age, single and is a professional hairdresser. She was born in Australia, however she often travels overseas for extended periods for work purposes. Jenny rec
Temporary difference; future deductible amounts; taxable income given Lance Lawn Services reports warranty expense by estimating the amount that eventually will be paid to satis
William Potter is a plumber currently operating as a Sole Trader in Levin. William has approached you, a tax accountant, for your advice on certain tax matters. William's brothe
Avis''s taxable income for the year is $300,000 and Best''s taxable income for the year is $425,000. For each of the scenarios provided,
Justin's parents operate a restaurant business through a family trust, The Pepper Family Trust, which had the following receipts and expenses for the year ended 30 June 2011 (the b
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