Day: February 20, 2021

QUESTION ONE Cess – a charge on agricultural income especially cashcrops for maintenance and repair of roads which access those agricultural locations. Property rates – rates charged local authority on land and building owned by individuals and body corporates. The Read More …

QUESTION ONE State and explain any four deductions that may be available against gains or profits from                employment.  (2 marks)      -NSSF contribution Owner occupied mortgage interest up to Sh.100,000 p.a. Contributions to have ownership savings plans up Read More …

QUESTION TWO  The partners are of the view that due to their very useful community service, they should be exempt              from income tax.  Explain under what conditions this is possible.    (3 marks)    Charitable Trust are exempted from Read More …

QUESTION ONE   Explain the meaning of the term “Residence” when applied to a company under Kenya Income Tax Act.  (5 marks) When applied to a company, “Residence” means: a body corporate incorporate under the laws of Kenya e.g. Companies Act Read More …

THE CONCEPT OF STRATEGY Strategic management can be traced back to earliest civilisation where people began to organise themselves socially, politically and commercially. The term strategy is derived from the Greek ‘stratos – army ; agein – to lead’ where Read More …

ENVIRONMENTAL ANALYSIS Strategic analysis is concerned with understanding the relationship between the different forces affecting the organisation and its choice of strategies. The business environment will influence the form of strategy to be pursued. Strategic analysis involves examining the internal Read More …

                                                 STRATEGY IMPLEMENTATION  STRUCTURE AND PROCESSES ORGANISATION STRUCTURE Structure provides the framework for the activities of the Read More …

INTRODUCTION In Study Unit 4, Section E of this module, we considered various graphical ways of representing a frequency distribution. We considered a frequency dot diagram, a bar chart, a polygon and a frequency histogram. For a typical histogram, see Read More …

INTRODUCTION        TO FREQUENCY DISTRIBUTIONS A frequency distribution is a tabulation which shows the number of times (i.e. the frequency) each different value occurs. Refer back to Study Unit 2 and make sure you understand the difference between “attributes” (or Read More …

RISK AND UNCERTAINTY Risk involves situations or events which may or may not occur, but whose probability of occurrence can be calculated statistically and the frequency of their occurrence predicted from past records. Thus insurance deals with risk. Uncertain events Read More …