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, CAS3701 Assignment 11 (COMPLETE ANSWERS)
2024 - DUE 13 September 2024 ; 100% TRUSTED
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QUESTION 1
1. BACKGROUND LearnCo. Limited (LearnCo.) is a top training
provider that offers skills development training solutions to
businesses and government institutions in South Africa. The
company is based in Gauteng, South Africa and has a 30 June
2024 year-end. LearnCo. offers a wide variety of courses in health
and safety, leadership and managerial skills, occupational health
and even on emerging technologies like machine learning,
robotics, coding and artificial intelligence. The company conducts
the training at the client’s workplace premises. LearnCo. employs
250 facilitators permanently. The facilitators come from a diverse
range of fields in line with the courses offered by the company.
The facilitators spend majority of their time travelling to clients
throughout the country and consequently, LearnCo. incurs a high
amount of expenditure related to travel claims. You have recently
been appointed as the Financial Manager (FM) of LearnCo. The
Chief Financial Officer (CFO) is orientating you about the
company and its payroll system. The payroll system is outlined
below.
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