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ELEMENTS OF COMPANY LAW
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Promotion is conducted by persons who come up with the idea to form a company. A promoter is the person who conceives the idea of forming a company and who undertakes, does and goes through all the formalities and incidental preliminaries of incorporation. Legal position of the promoters A promoter is not an agent of the company during formation because the principal (company) does not legally exist. A promoter is not a trustee of the company during formation because the beneficiary doesn’t exist. Promoters are fiduciaries of the company with regard to formation. They have on their hands the creation and molding of the company. This is an equitable relationship based on trust, confidence and good faith. It imposes upon the promoter certain equitable or fiduciary obligations.
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ELEMENTS OF COST.
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Elements of costs is a statement that is a presentation of costs data in form of a
statement.
It shows cost incurred under appropriate headings e.g: manufacturing using
company we shall have:
Direct materials + Direct expenses + Direct labour = Prime cost.
Prime cost + Factory overheads (Production overheads) = Production costs.
Production costs + Administrative overheads + Selling overheads + Distribution
overheads = Total costs.
Total costs + Profit = Selling price.
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PHYSICAL HEALTH EDUCATION NOTES
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Physical education is the foundation of a Comprehensive School Physical Activity Program. It is an academic subject characterized by a planned, sequential curriculum (course of study) that is based on the national standards for physical education.
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SERVICE COSTING.
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service costing is the process of identifying all costs associated with building, supporting, and delivering your service. Examples of service cost components include equipment, staff labor, professional fees, software, license fees, and data center charges, to name just a few.
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ABSORPTION OF OVERHEAD.
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This is charging of overhead to cost units.
After determining the overhead of a cost centre these
overheads are charged to cost unit. It means that the total overheads of a cost centre are distributed to all cost units produced by the cost centre.
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MARANDA HIGH POST-MOCK 2024; Mathematics PP1 & PP2 Q&A
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Download a copy of the MARANDA HIGH POST-MOCK 2024; Mathematics PP1 & PP2 Question Papers with well coordinated Marking Schemes attached. This is a good revision material for your upcoming exams.
62 Pages
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Uploaded: 2024-09-24
MARANDA HIGH POST-MOCK 2024; English PP1,PP2 & PP3 Q&A
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Download a copy of the MARANDA HIGH POST-MOCK 2024; English PP1,PP2 & PP3 Question Papers with well coordinated Marking Schemes attached. This is a good revision material for your upcoming exams.
45 Pages
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Uploaded: 2024-09-24
CHILD GROWTH AND DEVELOPMENT NOTES
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This course will help the learner conceptualize the process of growth and development from conception to early childhood. It will give the learner the required knowledge, skills and attitudes towards expectant mother, infant, toddlers and pre-scholars.
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MARANDA HIGH POST-MOCK 2024; Chemistry PP1,PP2 & PP3 Q&A
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Download a copy of the MARANDA HIGH POST-MOCK 2024; Chemistry PP1,PP2 & PP3 Question Papers with well coordinated Marking Schemes attached. This is a good revision material for your upcoming exams.
68 Pages
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DFB 100: Hotel and Catering Law
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Law is a body of rules which is made by a person in authority to govern members of a particular society. The purpose of this topic (Law and the legal system is to outline the basic principles which form the foundations of the English legal system.
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Hospitality Accounting Notes
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Accounting can be defined as a process of reporting, recording, interpreting and summarizing economic data. The introduction of accounting helps the decision-makers of a company to make effective choices, by providing information on the financial status of the business. Today, accounting is used by everyone and a good understanding of it is beneficial to all. Accountancy act as a language of finance. To understand accounting efficiently, it is important to understand the aspects of accounting.
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ACCOUNTING AND CONTROL NOTES
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Accounting is defined as the process of identifying, measuring and reporting economic information to the users of this information to permit informed judgment
Many businesses carry out transactions. Some of these transactions have a financial implication i.e. either cash is received or paid out. Examples of these transactions include selling goods, buying goods, paying employees and so many others.
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DBM223/DPL221: MANAGERIAL ACCOUNTING AND CONTROL
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Managerial Accounting may be defined as the application of accounting techniques to the provisions of information designed to assist all levels of management in planning and controlling the activities of the firm.
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KENYA HIGH MOCK 2024; Biology PP1,PP2, PP3 Q&A
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Download a copy of the KENYA HIGH MOCK 2024; Biology PP1,PP2, PP3 Question Papers with well coordinated Marking Schemes attached. This is good revision material for your upcoming exams.
25 Pages
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CPA/CIFA; Leadership and Management combined notes
Management has been defined by various authors/authorities in various ways.The followingare few often-
quoteddefinitions:
Management guru, Peter Drucker, says the basic task of management includes both marketing and innovation.
According to him, "Management is a multipurpose organ that manages a business and manages managers, and
manages workers and work."
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KENYA HIGH SCHOOL MOCK 2024; Mathematics PP1 & PP2 Q&A
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Download a copy of the KENYA HIGH SCHOOL MOCK 2024; Mathematics PP1 & PP2 Question Papers with well coordinated Marking Schemes attached. This is good revision material for your upcoming exams.
25 Pages
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KENYA HIGH SCHOOL MOCK 2024; English PP1, PP2 & PP3 Q&A
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Download a copy of the KENYA HIGH SCHOOL MOCK 2024; English PP1, PP2 & PP3 Question Papers with well coordinated Marking Schemes attached. This is good revision material for your upcoming exams.
20 Pages
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STAREHE GIRLS' CENTER MOCK 2024: Mathematics PP1 & PP2 Q&A
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Download a copy of the STAREHE GIRLS' CENTER MOCK 2024: Mathematics PP1 & PP2 Question Papers with well coordinated Marking Schemes attached. This is good revision material for your upcoming exams.
54 Pages
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Crescendo 2 kiswahili pp2
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Tathmini Bora ya kubashiri taliyomo katika utahini wa kcse mwakani
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GRADE 4 TERM 3 COMBINED EXAMINATION PAPERS 2024, SET 1
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Download a copy of the GRADE 4 TERM 3 COMBINED EXAMINATION PAPERS 2024. The Document contains all the Subject Areas in Grade 4 with Marking Schemes attached.
39 Pages
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Uploaded: 2024-09-23