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theoretical positions, challenges, risks and issues relating to the political and regulatory input that advises accounting in the world

1. Contextual appreciation and awareness of assumptions

How does politics and regulation affect you as an accountant or in your future accounting role?

In this question, students are to detail relevant theoretical positions, challenges, risks and issues relating to the political and regulatory input that advises accounting in the world, and may use examples or cases to justify reasoning to develop your ideas professionally.

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June borrows KSh.50,000 for 10 years at an annual eective interest rate of 10%. She can repay this loan using the amortization method with payments of KSh.8,137.25 at the end of each year. Instead, June repays the KSh.50,000 using a sinking fund that pays an annual eective interest rate of 14%. 1 STA 2191 Jane Akinyi Aduda The deposits to the sinking fund are equal to KSh.8,137.25 minus the interest on the loan and are made at the end of each year for 10 years. Determine the balance in the sinking fund immediately after repayment of the loan. [5 marks]

March 22, 2016 8:28 am
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