[Darshjg]

Yes that helps, Thank you Sir 🙂

[Darshjg]

Oh no Sir, i did not mean it in that manner, it did help but for the case of members, there are alot of questions that give differing answers but in the case of the articles, you helped me out and i am extremely grateful. Thank you Sir.

[Darshjg]

I think this makes it a little clearer, thank you…

[Darshjg]

Hello again Sir,

I got this information from the ACCA study hub, chapter 11, section 11.2 which states;

It must be signed by each subscriber:

A public company must have at least two subscribers, since it has to have at least two shareholders.
A private company need have only one subscriber, since it needs only one member.
So according to this, a plc needs at least two members and a ltd company needs at least one member.

And then, according to the study hub again, it states articles of association must be submitted but again i was doing the kaplan kit, Q296 Task 2, which again states it does not need to be submitted incase of model articles and this again has really confused me.

I hope to hear from you sir. thank you.

[Darshjg]

Oh.. it was just equating the two together. Thank you sir, much appreciated 🙂

[Darshjg]

Update: i have managed, thank you however, you do great work in helping us :))

[Darshjg]

Thank you for this… much appreciated 🙂

[Darshjg]

If i’m not wrong, the optimal quantity to be ordered by calculating the expected profit for each order quantity, perhaps by using a table like in performance mgt. however, im not sure how to do it, Sir, could you perhaps help in that?

[Darshjg]

I found it in a random resource kit sent to me by a friend, it seems really simple but i dont know why i cannot get the answer.

[Darshjg]

Why did they divide it by 1 year and not 2 years?

[Darshjg]

No worries , i ended up getting the answer. Thank you 🙂

[Darshjg]

There is no worries Sir, i actually ended up managing the question. However, i ended up getting another one i ended up getting mixed up in.

In a country where the economy is growing and prices are subject to regular increases, which of the
following are false when using historical cost accounting compared to current value accounting?

1. Historical cost profits are understated in comparison to current value profits
2. Capital employed which is calculated using historical cost is understated compared to current value
capital employed
3. Historical cost profits are overstated in comparison to current value profits
4. Capital employed which is calculated using historical costs is overstated compared to current value capital employed

I do have the answer, its 2&3 and i gave myself different scenarios to understand it but i need to fully understand it incase of an exam situation. What is the reasoning behind the choice of the answer?

[Darshjg]

Sir, i know short-term leases are accounted for by being expensed to the statement of profit or loss. But i do not understand the english used in the question. Could you explain it in a way that if such a question was asked in a different way, we would not be startled?

[Darshjg]

Hello Sir, mine asked for the mix too but i tried making it more challenging and calculate the yield although i got the answer. Thank you.

[Author]

Posts