[jermy01]

thank you, sir

[jermy01]

19.2 Which of the following is NOT a category in Maslow’s hierarchy of needs theory?
a) Physiological needs
b) Freedom of inquiry and expression needs
c) Need for affiliation
d) Safety needs

the book says the answer is, c) Need for affiliation
Rationale: Affiliation is actually a category in another need model by David McClelland. The other options are Maslow’s (although freedom of inquiry and expression overarches the hierarchy itself).

Sir, I also think that the answer should be (B) but the book says the answer is (C).
can u explain why

[jermy01]

thank you so much

[jermy01]

Thank you so much sir Ken Garrett

[jermy01]

yes sir

[jermy01]

the question is,
Cash flows from operating activities
Net profit before tax / Net profit after tax (delete as applicable) =?
same for all the 3 questions.

[jermy01]

19.6 Snowdrop
The following information has been extracted from the draft financial statements of Snowdrop, a limited liability
company.
The statement of profit or loss for the year ended 31 May 20X5 shows the following.
$’000
Operating profit 1,042
Interest payable (10)
Profit before taxation 1,032
Taxation (180)
Profit for financial year 852

### also in this question, they don’t add back the interest payable.
kit shows, Net profit before tax =1032
what should I do sir? please help

[jermy01]

thank you soo much Sir John Moffat

[jermy01]

So if it’s written as, It was decided to write off debts totalling $1000. Then we have to do like, (20000-1000)*5%=950
am i right, sir?

[jermy01]

Why we don’t subtract the intra group sales?
shouldn’t it be like this, 750+400-30=1120
cost of sales , 420+100+3=523
——————————————-
gross profit = 597
can you explain sir?

[jermy01]

thank u

[jermy01]

Thanks a lot

[jermy01]

Thank you so much

[jermy01]

thanks you so much

[jermy01]

Sir, can you explain, what is account preparation’s chapters related to?

What do you mean by the accounts’ preparation question could be set in the context of a sole trader or a limited company?

[jermy01]

Thanks a lot of sir.

[jermy01]

thank you John

[jermy01]

thank you john

[jermy01]

thank you sir

[jermy01]

thank you sir

[jermy01]

Secondary and continuous, confirm

[jermy01]

thank you sir.

[jermy01]

thank you very much guys, I really appreciate it.

[jermy01]

thanks u sooo much, it really help me a loottt

[jermy01]

The cash budget I believe is fixed. Cash forecast is based on cash budget but you update it with the actual cash flows that come in and out every day. So at the end of the financial year, your cash budget has now become your actual cash flows through the year.

Is this correct? at least can you tell me this? it going to a help for me

[Author]

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