responsible beverage service program primarily depend upon

(8 marks) (20 marks)Īnswer to (a): Report To: The Finance Director of Fizz Ltd From: Financial Assistant Subject: Evaluating and controlling capital expenditure projectsĬapital investment project evaluation and control should include the following key elements: 1. (4 marks) (ii) Prepare a proposed procedure for a post completion audit, identifying key features which need to be incorporated into such a procedure.

(8 marks) (b) (i) Identify and briefly explain four advantages of a post completion audit.

Required: (a) As the Financial Assistant, prepare a draft report to the Finance Director, identifying and briefly explaining the major stages in evaluating and controlling expenditure projects. post completion controls do not exist in any meaningful way. there is no apparent structure or formalised process for evaluation of capital investment projects 2. The report summary was critical of processes in use and concluded that: 1. Following the acquisition, the internal audit department of Soke plc examined the capital investment appraisal procedures in Fizz Ltd. Question 1: Capital expenditure process and post-completion audit Soke plc, an international soft drinks company, has recently acquired Fizz Ltd, which produces high quality soft drinks for its local domestic market.

Responsible beverage service program primarily depend upon