Memorandum of association Study guides, Revision notes & Summaries

what are audit documentations? - Answer-RECORD of procedures performed, relevant evidence obtained and conclusions reached why should assurance providers record their work? - Answer-- assist audit team to plan and perform audit - assist relevant members to direct and supervise work - enable audit team to be accountable (prove adherence to ISA) - retain record of matters to future audits - enable experienced auditor to carry out quality reviews - conduct external inspections in accordance...

Which one of the following statements with regards to the Companies Act 71 of 2008 is incorrect? 1. The Memorandum of Association was previously (Companies Act 61 of 1973) known as the Memorandum of Incorporation. 2. The capital of a company is not divisible and it is therefore impractical to open a capital account for each member. 3. A company is a legal entity that is incorporated in terms of the Companies Act 71 of 2008 and it is independent of its owners. 4. Public companies may be l...

Sole Proprietorship - The business is owned by an individual General Partnership - Two or more people (general partners) share in the management, profits and risk of the business Limited Partnership - Has at least one general partner (invests in the business, manages it and are financially responsible for it) and at least one limited partner (investor who receives a portion of the profits but has no say in the management of the company) C Corporation - An association of individuals (stockh...

Fire Officer 3rd Edition #3 Correctly Solved Test 2024. what three components Define the range, scope, and tasks of the fire officers supervisory activities? - correct answer the local labor contract, the municipalities Personnel regulations, the fire department's rules, regulations and procedures which two documents might cover various working conditions, promotion assignment practices, and problem-solving procedures? - correct answer memorandum of understanding or the contract what is ...

MRL2601 October/November 2023 QUESTION 1 1.1 Beauty, Phineas and Samson are three friends who wish to start their own publishing company. While driving one Sunday afternoon, Samson comes across the perfect office building. He wishes to purchase this building on behalf of the proposed company. Advise Samson on the requirements that would need to be adhered to in terms of the Companies Act 71 of 2008 in order to conclude a valid and binding contract on the company’s behalf before its inc...

Sole Proprietorship - Answer-The business is owned by an individual General Partnership - Answer-Two or more people (general partners) share in the management, profits and risk of the business Limited Partnership - Answer-Has at least one general partner (invests in the business, manages it and are financially responsible for it) and at least one limited partner (investor who receives a portion of the profits but has no say in the management of the company) C Corporation - Answer-An associ...

Fire Officer 3rd Edition #3what three components Define the range, scope, and tasks of the fire officers supervisory activities? - correct answer the local labor contract, the municipalities Personnel regulations, the fire department's rules, regulations and procedures which two documents might cover various working conditions, promotion assignment practices, and problem-solving procedures? - correct answer memorandum of understanding or the contract what is a negotiated legal agreement b...

ARE 5.0 Practice Management (2023/2024) Rated A Sole Proprietorship The business is owned by an individual General Partnership Two or more people (general partners) share in the management, profits and risk of the business Limited Partnership Has at least one general partner (invests in the business, manages it and are financially responsible for it) and at least one limited partner (investor who receives a portion of the profits but has no say in the management of the company) C Corporation ...

ACA - Assurance Exam Questions With 100% Correct Answers what are audit documentations? - answerRECORD of procedures performed, relevant evidence obtained and conclusions reached why should assurance providers record their work? - answer- assist audit team to plan and perform audit - assist relevant members to direct and supervise work - enable audit team to be accountable (prove adherence to ISA) - retain record of matters to future audits - enable experienced auditor to carry out qual...

MRL2601 October/November 2023 QUESTION 1 1.1 Beauty, Phineas and Samson are three friends who wish to start their own publishing company. While driving one Sunday afternoon, Samson comes across the perfect office building. He wishes to purchase this building on behalf of the proposed company. Advise Samson on the requirements that would need to be adhered to in terms of the Companies Act 71 of 2008 in order to conclude a valid and binding contract on the company’s behalf before its inc...