Year 9A - Accounts - 21-4-15

Thai Sikh International School

E-Learning Programme – Online Assignment –  21/04/2015

Name :                                                                                                            Subject : Accounting

Year   :  9 A                                                                                        Schedule No. :  9

  1.     List four objectives which peter Mpho must consider when selecting accounting policies:

The first has been completed as an example

a)    Relevance

b)   ………………………

c)    ………………………

d)   ………………………..

  2.    Explain to Peter Mpho what is meant by the term “relevance”.

  3.    Explain the difference between capital expenditure and revenue expenditure