legal defense under which the auditor contends that the damages claimed by the client were not brought about by any act of the auditor, This result from Lack of contact Bothe A& B Absence of causal connection AO BO .CO
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- Q165. Which of the following is a disadvantage of partnership? Question 5 options: Unlimited liability. More independence than proprietorship. Easy to form. Pooled talent.Question9  Under the modified accrual basis of accounting: a. Revenues are recognized at the time an exchange transaction occurs. b. Expenses are recognized when an obligation occurs for costs incurred in providing services. c. Expenditures are recognized as the cost of an asset expires or is used up in providing governmental services. d. Revenues are recognized when current financial resources become measurable and available to pay current-period obligations.
- As a way of increasing public infrastructure and services worldwide, countries have increasingly invested in arrangements between the private and public sector to raise financing of investments and ensure value for money procurements. However, despite such arrangements, cases of poor service delivery are on the raise in public procurement. Q.1. a. Evaluate FOUR procurement risks involved in use of public private partnerships as a way of improving on service delivery.ASSIGNMENT 2D- Minimization of Profit (Graphical Method) An animal food producer mixes two types of animal food: x and y. each unit of x costs P100 and contains 40 grams of fat, 20 grams of protein and 1,600 calories. Each unit of y cost P80 and contains 60 grams of fat, 60 grams of protein and 1,200 calories. Suppose the producer wants each unit of the final product to yield at least 360 grams of fat, at least 240 grams of protein and at least 9,600 calories, how many of each type of grain should the producer use to minimize his cost. What is the cost?9. Mention any two limitations of franchising? Question 9 options:
- Several complaints and investigations have been common in public procurement where citizens highlight the high taxes yet poor service delivery. This has affected the procurement profession’s images and reduced on public confidence in governments. Q.2. Discuss FOUR common unethical issues in procurement that have contributed to poor service delivery.SLO 9.1. Blanket purchase orders: a.Reduce costs by decreasing the number of purchase orders issuedb.Cover multiple purchase requirements on one orderc.Are difficult to prepared.Reduce costs by decreasing the number of purchase orders issued and cover multiple purchase requirements on one ordere.Reduce costs by decreasing the number of purchase orders issued, cover multiple purchase requirements on one order, and are difficult to prepare4