Question 1 You have recently appointed Management Accountant of Must Survive Pte Ltd, a company operating in Singapore. The owner and CEO of the company have requested that you prepare a cash budget for the last three months of the current year ended 31 December 2020. The CEO is very concerned about the liquidity crisis … Read more
Risk Management Plan for a Design‐and‐Build Project Case Background You (i.e. the 3 or 4 member team) are the senior project manager of a large construction company in Singapore. Since its establishment in 1990, it has completed numerous construction projects for the public and private sectors. Most of these projects are awarded based on the … Read more
Question: Luisa owned a casual dress shop she started on her own in 2017. After she decided to advertise on social media, her clientele grew so rapidly that she needed help to keep the business running. One night during a family discussion after dinner, it was agreed that Luisa would continue operating the business for … Read more
Question 1 Pretty Pink Pte Ltd (“PP”) uses normal and job order costing. All its jobs represent unique customer orders for modified vintage cars. PP had 1 job in process at the start of the year: job number 45 ($12,000). PP applies manufacturing overhead on the basis of machine-hours (“MH”). The budgeted overhead and machine … Read more
Answer both questions Question 1 Alan is employed as a full-time driver for Supply Company Limited (SCL). SCL has a policy that its employees are required to carry on their employees in their vehicles. A notice is placed on every SCL’s vehicle indicating that: “Only employees of SCL are allowed to be transported in the … Read more
Objective The objective of this project is for you to manage a portfolio by investing $1,000,000 of your imaginary money in any stocks, options, or futures that are traded on the following exchanges: New York Stock Exchange, NASDAQ, or American Stock Exchange. You can also execute short selling, and trade on margin at an annual … Read more
Assignment Brief: Students will research current cybersecurity threats that impact companies today. Using the audit planning process and steps, determine the difference in focus auditors need to take in order to address these threats. Based on your research, answer the following question: “Cybersecurity threats have changed the focus on how auditors perform their audit planning … Read more
QUESTION 3a Data sourced from Ifess (Integrated Fasttime Equity System) has given the following swap rates. Think of these swap rates as spot interest rates. Swap maturity 30 June 2019 30 June 2020 1 year 3.250 3.00 2 year 3.150 3.28 3 year 2.750 3.12 4 year 3.150 3.07 5 year 3.550 3.25 Using the … Read more
Assignment Topic COVID 19 pandemic has forced Singapore to take unprecedented measures such as implementing circuit breaker measures, restricting travel, implementing telecommuting, and strict quarantine requirements. For example, this has resulted in cross borders workers who have to carry on their employment in Singapore instead of their country of employment and workers being laid off. … Read more
1. Ms. Catherine works in a beauty salon as a beautician. During the year 2018, in addition to her base salary, Catherine received the following amounts: Salary for the year $30,000 Contractual Bonus for the year 2018 but not paid as of 31 Dec 2018, $3,000 Personal tips from customers $8,000 The compensation received from … Read more