(i) Compensating errors.
(ii) Complete reversal of entry.
(iii) Error of principle.
(iv) Error of total omission.
(v) Error of original entry.
(vi) Error of commission.
maurice.mutuku answered the question on June 30, 2017 at 13:03
- What are the factors determining the amount of revenue to be collected through taxation?(Solved)
List the factors that may determine the amount of revenue to be collected through taxation.
Date posted: June 30, 2017. Answers (1)
- What are the features of a perfect competition market?(Solved)
Give the features of a perfect competition market.
Date posted: June 30, 2017. Answers (1)
- Why do firms choose to remain small in an economy dominated by large firms?(Solved)
Give reasons why firms choose to remain small in an economy dominated by large firms.
Date posted: June 30, 2017. Answers (1)
- What are the advantages to the government of Kenya for setting up Export Processing Zones (EPZs)?(Solved)
List the advantages to the government of Kenya for setting up Export Processing Zones (EPZs).
Date posted: June 30, 2017. Answers (1)
- In what ways does the government create an enabling environment for business operations?(Solved)
Highlight ways in which the government creates an enabling environment for business operations.
Date posted: June 30, 2017. Answers (1)
- What problems may the Kenyan government experience in implementing a development plan?(Solved)
Give the problems that the Kenyan government may experience in implementing a development plan.
Date posted: June 30, 2017. Answers (1)
- What are the functions of advertising agencies?(Solved)
List the functions of advertising agencies.
Date posted: June 30, 2017. Answers (1)
- What are the advantages of consumer co-operatives?(Solved)
Highlight the advantages of consumer co-operatives.
Date posted: June 28, 2017. Answers (1)
- Under what circumstances may deferred payment be appropriate?(Solved)
List circumstances under which deferred payment may be appropriate.
Date posted: June 28, 2017. Answers (1)
- What are the features of subsistence production?(Solved)
List the features of subsistence production.
Date posted: June 28, 2017. Answers (1)
- What gaps in the market may give rise to a business opportunity?(Solved)
Outline the gaps in the market that may give rise to a business opportunity.
Date posted: June 28, 2017. Answers (1)
- What business resources can a business use to enhance its operation?(Solved)
Highlight business resources that a business can use to enhance its operation.
Date posted: June 28, 2017. Answers (1)
- What are the characteristics of basic wants?(Solved)
List the characteristics of basic wants.
Date posted: June 28, 2017. Answers (1)
- Kenya is looking forward to the realization of vision 2030.
What are the obstacles that may hinder the efforts made towards this dream?
(Solved)
Explain the obstacles that may hinder the efforts made towards the above dream.
Date posted: June 28, 2017. Answers (1)
- What factors have led to the survival of small scale retailers despite competition from supermarkets?(Solved)
Explain factors that have led to the survival of small scale retailers despite competition from supermarkets.
Date posted: June 28, 2017. Answers (1)
- Kenya is a member of EAC. What are the problems that the member countries are likely to encounter that may hinder them from achieving their objectives?(Solved)
Kenya is a member of EAC. Explain the problems the member countries are likely to encounter that may hinder them from achieving their objectives.
Date posted: June 28, 2017. Answers (1)
- What monetary policies does the Kenyan government use to control the supply of money in an economy?(Solved)
Explain the monetary policies that the Kenyan government uses to control the supply of money in an economy.
Date posted: June 28, 2017. Answers (1)
- What is frictional unemployment?(Solved)
Describe frictional unemployment.
Date posted: June 28, 2017. Answers (1)
- What is seasonal unemployment?(Solved)
Describe seasonal unemployment.
Date posted: June 28, 2017. Answers (1)
- What is involuntary unemployment?(Solved)
Describe involuntary unemployment.
Date posted: June 28, 2017. Answers (1)