CAS3701 Assignment
11 (COMPLETE
ANSWERS) 2024 -
DUE 13 September
2024
, CAS3701 Assignment 11 (COMPLETE ANSWERS) 2024 -
DUE 13 September 2024
Course
Capstone in Accounting Sciences (CAS3701)
Institution
University Of South Africa (Unisa)
Book
Prospective Financial Statement Analysis (with disk)
CAS3701 Assignment 11 (COMPLETE ANSWERS) 2024 - DUE 13
September 2024 ; 100% TRUSTED Complete, trusted solutions and
explanations..
. 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. 2. PAYROLL SYSTEM
LearnCo. uses a payroll software called Revolve X. Revolve X is highly
advanced and is powered by artificial intelligence (AI). Revolve X automates
the majority of routine payroll-related transactions. These include screening
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