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Presumptions of statutory interpretation provide judges with rules to use when interpreting legislation. Which of the following statements in relation to the presumptions of statutory interpretation is correct?
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Which of the following is an extrinsic aid to statutory interpretation?
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Obiter dicta form part of the ratio decidendi.
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In 2010, Mr Justice Jeffries, a High Court judge sitting alone, is deciding a case which has similar material facts to one decided by the Court of Appeal in 1910. He can decline to be bound by this decision by showing that
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Overruling a decision of a lower court affects the outcome of that earlier decision.
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What is the economic batch quantity used to establish?
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What is the EOQ for raw material Y?
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What is the total annual cost of purchasing, ordering and holding inventory of raw material Y?
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The supplier has offered Point a discount of 1% on the purchase price if each order placed is for 2,000 units.What is the total annual saving to Point of accepting this offer?
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Which of the following is in the correct chronological sequence for sales documents?
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Which of the following statements about activity based costing are true?
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The following data refers to a soft drinks manufacturing company that passes its product through four processes and is currently operating at optimal capacity. Which process is the bottleneck?
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In which of the following ways might financial returns be improved over the life cycle of a product? 1. Maximising the time to market 2. Minimising the breakeven time 3. Maximising the length of the life cycle
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In material flow cost accounting (MFCA), input manufacturing costs are categorised into material costs, waste treatment costs and which of the following?
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What is the total of the purchases day book?
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Smith Co has the following transactions:1 Purchase of goods on credit from T Rader: $4502 Return of goods purchased on credit last month to T Rouble: $700What are the correct ledger entries to ?
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Mew Ling has the following transactions:1 Receipt of cash from R Singh in respect of an invoice for goods sold three weeks ago2 Receipt of cash from S Kalu for cash salesWhat are the ledger entries required to record the above transactions?
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How is the total of the sales day book recorded in the nominal ledger? Debit Credit
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Are the following statements about debit entries true or false? 1 A debit entry in the cash book will increase an overdraft in the accounts. 2 A debit entry in the cash book will increase a bank balance in the accounts
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A business sells $100 worth of goods to a customer, the customer pays $50 in cash immediately and will pay the remaining $50 in 30 days' time.What is the double entry to record the purchase in the customer’s accounting records?
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