List and briefly explain the three economic questions that form the foundations of the discipline.

• Plagiarism is a serious offence. Do not copy directly from any text unless absolutely necessary. Enclose quotes in inverted commas to indicate that they are not your words, and include an intext reference with each quote. Paraphrase all the reference comments that you use and include appropriate reference and page numbers.
• Use the in-text referencing method prescribed by Regenesys under guidelines and policies on the student portal. Consult the referencing mark allocation guide for the minimum number of references needed for this assignment.
• Full referencing of all sources, including page numbers in in-text referencing, is essential. For example: (Gitman, 2010:15) in text, and then in your reference list:
Gitman, L.J. 2010, Principles of Managerial Finance, Cape Town: Pearson Education.
• Extensive and credible academic references are required to demonstrate that you have researched the topics fully and so that you can substantiate your arguments critically.
NOTE: At postgraduate level, you are expected to substantiate your answers with evidence from independent research.
You may work on this assignment in a group BUT you must write the assignment individually, and in your own words. If NOT, you will be told you have copied and you will have to do a brand new assignment. The mark will be capped at 60%, and you will have to pay a resubmission fee.
INTRODUCTION TO THE ASSIGNMENT
• This assignment consists of FOUR questions.
• Please answer all of the questions.
•
Good luck!
ASSIGNMENT QUESTIONS
QUESTION 1 (20 MARKS)
1.1 List and briefly explain the three economic questions that form the foundations of the (14) discipline.
1.2 Consider the population of LaLa-Land. In 2018, the country had a total population of (06) 30-million, 10-million of whom were older than 64 years old and younger than 16 years old (the minimum working age) while 9-million, mostly housewives and students, did not want to work. A total of 8-million of the population between 16 years old and 64 years old who wanted to work were employed while the rest remained unemployed. Based on this information answer the following questions:
a) What is the size of the labour force or economically active population?
b) What is the labour force participation rate?
c) How many people are unemployed?
d) What is the unemployment rate?
Bear in mind this question will require you to read and research further than the content given to you in the study materials provided.
QUESTION 2 [20 MARKS]
2.1 Consider the rand/dollar exchange rate. Assuming that the exchange rate is currently (14) quoted as R11.50 to the US dollar answer the following questions:
a) How many US cents would be required to buy R1.00? (2)
b) If you bought an economic textbook for $45 over the internet, how much (3) would you have to pay in Rands?
c) If the exchange rate were to change to R11.80 to the dollar, which currency
has appreciated and which has depreciated? (2)
d) How much will the textbook priced at $45 cost you now in terms of the South (3)
African Rand?
e) Explain how a change in the exchange rate results in “winners” and “losers”. (4)
Bear in mind this question will require you to read and research further than the content given to you in the study materials provided.
2.2 Before receiving the textbook you have ordered, you are contacted by the courier (06) company who informs you that in addition to the price that you paid for the item and its delivery you are now compelled to pay an additional R200 before it can be released by customs officials. What is this R200 known as in economics and how will it impact future international purchases you make?
QUESTION 3 [25 MARKS]
3.1 Discuss the difference between frictional and cyclical unemployment. Please make (13) use of examples in your response.
3.2 Critically discuss GDP as an economic indicator and its strengths and weaknesses.

Discuss the role of enforcement authority to ensure health, safety and wellbeing of workers within the manufacturing industry.

You are encouraged to word process your assessment, although hand written work is acceptable.
You are required to word process this assessment. P
You are required to submit this assessment electronically through Black Board P
Instructions:
• This paper contains 1 tasks/questions.
• Answer the questions / complete the tasks fully with all possible evidence for achieving the learning outcome/s.
Please do not submit this assessment brief with your work.
• This assessment is worth 50% of the module mark.
ASSESSMENT COVER SHEET
Programme: BSc (Hons) Health, Safety and Environmental Management
Module Title/Module Code: BN 3720/Health and Safety Management
Student Name:
UCLan ID:
Assessment Title/ Number:
Date of Submission:
Date of Presentation:
I confirm that this piece of work which I have submitted is all my own work and that references and quotations from both primary and secondary sources have been fully identified and properly acknowledged. I am fully aware that plagiarism and collusion are academic offences.
I also confirm that I have not used translation services or translation software in the production of this assignment.
Student’s signature:
Date:
Please note the following penalties for late submission:
Date of Submission Maximum Mark
1-5 working days late 40%
More than 5 working days late 0%
Question/ Task Max. Mark Mark in Percentage
1st Marker 2nd Marker* UCLan Verification External Examiner Initials
Name: Name: Name: Name:
Date: Date: Date: Date:
* 2nd Marking on sample basis. Please note that all marks are provisional subject to confirmation by the Module Assessment Board of the University of Central Lancashire, UK.
TASK:
Health and safety management in manufacturing industries plays a significant role in ensuring the intended targets and outcomes are achieved as per the industries strategic plan, with this in mind, you are requiring writing a report considering the following points:
Discuss the main elements of Health and safety management system (HSEMS).
Outline the most significant hazards in the manufacturing industry.
Discuss the role of enforcement authority to ensure health, safety and wellbeing of workers within the manufacturing industry.
Outline health and safety legislation that is relevant to a manufacturing industry’s operation and its impacts on safety outcomes.
The Report must include:
This assessment is individual, and it requires each student to prepare a report of 2500 words. The report should include a critical analysis of the below mentioned aspects.
• Introduction
• Discuss the main elements of Health and safety management system (HSEMS).
• Outline the most significant hazards in the manufacturing industry.
• Discuss the role of enforcement authority to ensure health, safety and wellbeing of workers within the manufacturing industry.
• Outline health and safety legislation that is relevant to a manufacturing industry’s operation and its impacts on safety outcomes.
• Conclusions and recommendations
• References
Guidelines:
1. Do not include your name in the assignment as it will be submitted on Blackboard.
2. Include a title page with the title of the assignment.
3. The work must be written in sentences and paragraphs, formal English, in third person with appropriate references as it will be published in an academic journal.
4. Materials should be obtained from the UCLan library and other academic sources.
5. Harvard style should be followed for Referencing and citations throughout the assignment.
6. Use your own judgement regarding headings. Be guided by the articles found in the UCLan library. Do not include content lists, charts, photographs, page borders in your work.
7. The report should normally contain an introduction, 4 body paragraphs and a conclusion with appropriate sections explaining the details.
1. Use Microsoft Word for word processing.
2. Page setup margins normal. Use A4 paper size settings and use 1- margins all around, Leave the Gutter at 0 cm.
3. Body text
Ø Font: Times New Roman
Ø Font size: 12
Ø Space: 1.5
Ø Paragraph: Justified. Leave one blank line between paragraphs.

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Discuss the requirements of confirmation of management responsibility when addressing fraud in the management representation letter

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Reporting standards for financial audits under Government Auditing Standards differ from reporting standards under generally accepted auditing.Explain

Reporting standards for financial audits under Government Auditing Standards differ from reporting standards under generally accepted auditing .What are their differences?

Discuss the criteria used to measure an audit’s effectiveness

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Discuss the procedures that ordinarily should be applied when an independent auditor conducts a review of interim financial information of an issuer

Discuss the procedures that ordinarily should be applied when an independent auditor conducts a review of interim financial information of an issuer.

Discuss the procedures that would be generally performed when evaluating the accounts receivable balance in an engagement to review financial statements

Discuss the procedures that would be generally performed when evaluating the accounts receivable balance in an engagement to review financial statements in accordance with Statements on Standards for Accounting and Review Services?