Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question one you are a graduate at a business adv

QUESTION ONE You are a graduate at a business advisory practice. Jemma, a client...

90.2K

Verified Solution

Question

Accounting

QUESTION ONE

You are a graduate at a business advisory practice. Jemma, a client of the firm, has booked an appointment to seek advice and assistance in incorporating a company. Jemma currently runs a cafe in North Melbourne as a sole proprietor and roasts her own blend of coffee sourced from an ethical plantation in Papua New Guinea. Jemma currently employs three university students on a casual or part-time basis. Jemma wants to expand her business by selling her coffee blend to other cafes around Victoria.

REQUIRED

  1. a) Advise your client on the legal and practical consequences of incorporating a company to run the business.

(5 marks)

  1. b) Listfivequestionsthatyouwillneedtoasktheclientinthemeetingsothatyouareable to complete the company registration on the clients behalf. For each question, explain why this information is required or is otherwise important.

(5 marks) TOTAL = 10 MARKS

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

For any confidence interval make sure that you interpret the interval in context, in addition to...

Statistics
Q

is a judicial doctrine that prevents the government or its political subdivisions departments and agencies...

Biology
Q

Kuta Software LI Multiply Polynomials Find each product 1 2n 2 n 3 A 2n...

Algebra
Q

iven the functions f x and g x below find all solutions to the equation...

Algebra
Q

Could someone explain this problem to me with equation and how input it in a...

Accounting
Q

2.00 points Exercise 17-25 Sales Mix...

Accounting
Q

Precision Manufacturing Inc. (PMI) makes two types of industrial component partsthe EX300 and the TX500....

Accounting
Q

Deacon Company is a merchandising company that is preparing a budget for the three-month period...

Accounting
Q

Cougar's manufacturing costing system uses a three-part classification of direct materials, direct manufacturing labor, and...

Accounting
Q

the gonzalez group issued $850,000 of 13% bonds on June 30, 2024, for $913,945. The...

Accounting
Q

rom inception until this year the Rapid Coaster had been FFs main attraction, but as...

Accounting
Q

3. A. Compute the market price (Vb) of the following three $1,000 par value bonds...

Finance