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CAS1501 Assignment 3 (COMPLETE ANSWERS) Semester 2 2024 (854162) - DUE 17 September 2024 $2.78
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CAS1501 Assignment 3 (COMPLETE ANSWERS) Semester 2 2024 (854162) - DUE 17 September 2024

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  • Course
  • Perspectives on Accountancy (CAS1501)
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  • University Of South Africa (Unisa)
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  • Accountancy

CAS1501 Assignment 3 (COMPLETE ANSWERS) Semester 2 2024 (854162) - DUE 17 September 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us.. C1 From the CASE STUDY, describe the MAINFINDING of Judge Baloyi. 2 ...

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  • September 15, 2024
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CAS1501
Assignment 3 Semester 2 2024
Detailed Solutions, References & Explanations

Unique number: 854162

Due Date: 17 September 2024
C1: Main finding of Judge Baloyi

• The main finding was that Mr. John Smith, the former CEO of Pacific Petrol Power Limited
(PPP), was solely liable for R2.146 billion in losses due to his breach of fiduciary and
statutory duties under the Companies Act.



C2: Main reason Mr. Smith was found guilty

• Mr. Smith was found guilty because he failed to act on several red flags that were raised in
an internal audit report and did not respond to the company's deteriorating financial position
despite his accounting background.




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