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“Regulatory mechanisms are implemented to ensure that there is always a balance between the inflow of money and the outflow of funds so that the financial markets are able to function efficiently and effectively.” Regarding the above statement explain any 3 important regulatory institutions.


Which one of the following represents the most important objective of a business plan?

  • A. It identifies and describes the nature of the business opportunity or new venture.
  • B. It provides a way to identify the key variables that will impact on the success of the business. .
  • C. It acts as a management instrument for comparing actual results with planned outcomes
  • D. It presents a written plan on how the entrepreneur plans to exploit an opportunity.

2.2 Assuming a fall in the price of oil, use the AD-AS framework to explain the impact on prices,

employment and income


ONE statement that MOSTLY reflects a commitment to maintaining ‘sound theoretical knowledge’. 


TWO statements that reflect a commitment to ‘delivering a service to the public/ society’. The statements should come from TWO DIFFERENT firms.


ONE statement that MOSTLY reflects a commitment to ‘compliance with a professional code of conduct’. 


In a FULL sentence, motivate why an accounting professional should maintain a commitment to ‘compliance with a professional code of conduct’. Incorporate in your motivation the ethical orientation MOSTLY associated with professions’ codes of conduct


In a FULL sentence, motivate why an accounting professional should maintain a commitment to ‘delivering a service to the public / society’. Incorporate in your motivation the appropriate principles of the agency theory triangle. 


In a FULL sentence, motivate why an accounting professional should maintain ‘sound theoretical knowledge’. Incorporate in your motivation the MOST relevant foundational principle of professional ethics. 


Digital – express search terms for problems in a way that facilitates their solving - - - - -


Use the following links to recap on the characteristics of a FULL sentence. https://www.masterclass.com/articles/howto-write-better#6-tips-for-writing-goodsentences https://www.khanacademy.org/humanities/gr ammar/syntax-sentences-andclauses/introduction-to-sentences/v/threetypes-of-sentence-syntax-khan-academy


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