Realisation date Study guides, Study notes & Summaries

1.1 African metaphysics African metaphysics is defined by Ozumba as “the African way of perceiving, interpreting and making meaning out of interactions, among beings and reality in general. It is the totality of the African’s perception of reality”. 1 African metaphysics is the approach Africans see and conceptualise relations and connections among people themselves and the environment in which they live. It is one of the fundamental areas in philosophy and it tries to reach a more ...

FAC1502 EXAM PACK Accounting Concepts, Principles and Procedures .QUESTION 1 SOLUTION DR P HEAL CASH RECEIPTS JOURNAL (CRJ) Doc Number Date MARETT Details BANK Debtors Control Fees earned VAT Output VAT Input SUNDRIES Amount Details 450 1 K. Kelly 275 275 451 1 J. Jail 1710 1500 210 452 9 Y. Old 383 440 (7) (50) Settlement 453&491 12 Deposit 9120 8000 1120 Discount allowed 11488 715 9500 1330 (7) (50) HINTS a) Whenever you sell a good or offer a service, you are require...

WILLS AND ESTATES BOARD EXAMS: - In terms of trusts, fiduciary accounts = look over them but don’t go into exceptional detail Introduction: - Under South African law, a person may make a will directing how his assets shall devolve after his death (Law of succession will apply [The wills Act 7 of 1953] will apply) or a person may die without leaving a will, in which (Law of intestate succession will apply [intestate Succession Act 81 of 1987]). - A person who has dies having made a will...

Chapter 18: Completing the audit 1. Financial statements are usually prepared on the going concern basis. The auditor is required by ASA 570 (ISA 570) to assess the risk of going concern problems at which stage of the audit? a. During the final review. b. The planning stage. c. The planning stage and again during the final review. d. ASA 570 (ISA 570) does not require the assessment of the risk of going concern problems, this is left to the directors. 2. In working with the minutes of me...

2.1 FIRST COMPULSORY ASSIGNMENT: DUE DATE 7 MAY 2021 1. Your unique number is: . 2. This number must appear on your mark-reading sheet cover. Select the correct statement. 1. In the substantive stage of Bill of Rights litigation, the onus is first on the respondent, who must show that he/she infringed the applicant’s rights. (2) 1) False, in the substantive stage, the onus is first on the applicant, who must show that an infringement of a right has taken place. 2) True, in the substant...