Financial Accounting & Reporting 47 FINAL EXAMINATION (REVISED SYLLABUS - 2008) GROUP - IV Paper-16 : ADVANCED FINANCIAL ACCOUNTING & REPORTING Q1. Write short notes on the Advantages and disadvantages of setting of Accounting Standards. Answer 1. The Accounting Standards seek to describe the accounting principles‚ the valuation techniques and the methods of applying the accounting principles in the preparation and presentation of financial statements so that they may give a true and fair
Premium Generally Accepted Accounting Principles Balance sheet Income statement
Case 4: Distortions Caused By Inappropriate Allocation Base Chocolate Bars‚ Inc. Case Background. Chocolate Bars‚ inc. (CBI) manufactures chocolate candy bars with three variants – Almond Dream‚ Krispy Krackle‚ and Creamy Crunch. There are 2 distinct production processes for each product of CBI. Process 1 is labor intensive using a high proportion of direct materials and labor. Process 2 uses special packing equipment that wraps individual candy bars and packs it into a box of 24 bars. After which
Premium Cost accounting Profit Employment
1. Share your ideas of taking opportunities that life offers. Do you think it is worth taking risks in life? (Missed Opportunities) This story is about James Graham‚ who had been working in the government service all his life. And now he retired and was doubting whether he had chosen the right profession. He was thinking about his brother‚ who had run away from the family at the age of 17. And they didn’t get in touch with him for a few years. And some years later‚ his brother sent a postcard to
Premium God Adam and Eve Teacher
The 3 A’s of Awesome By: Neil Pasricha Name: Bedour Ali Abdullah Section: 15 Neil Pasricha Niel Pasricha was born in September 17‚ 1979. He is an author and speaker characterized by his advocacy of positivity and simple pleasures. He is best known for his book‚ The Book of Awesome‚ which is a New York Times best seller and been a best seller from 2010 to 2014. He is also an established speaker and his TED talk‚ The 3 A’s of Awesome‚ is ranked as the "9th Most Inspiring" TED talk with over 2
Premium Blog TED English-language films
Journal of Institute 2 of Chartered Accountants of India‚ Vol. XXVI (January 1978) pp 339-43 Accounting Education and Professional Accountant‚ The Indian Journal of Accounting‚Vol.VII (June & 3 December 1977) pp 79-84. Financial Statements and Inflation Accounting - A New Approach‚ The Chartered Secretary - The Journal 4 of Institute of Companies Secretaries of India‚ Delhi‚ Vol VIII (July 1978) Capital Budgeting Decision: A case for Multiple Objective some Empirical Observations‚ The Chartered 5 Accountant
Premium 1921 1932
Question 1 1 out of 1 points Acute diseases are illnesses that are long-term or lifelong and that develop gradually or are present from birth; in contrast‚ chronic diseases are illnesses that strike suddenly and cause dramatic incapacitation and sometimes death. Answer Selected Answer: False Correct Answer: False Question 2 1 out of 1 points Sociologists distinguish among movements on the basis of their goals and the amount of change they seek to produce. Some
Premium Sociology Health insurance Medicare
Questions for Lesson 4 Question: Explain the cultural‚ social‚ and personal characteristics that affect people when they choose a restaurant to celebrate their birthdays. Answer: Marketers are always trying to keep up with buying behaviors. Consumer buyer behavior refers to buying behaviors of individuals and households who buy goods and services for personal consumption (Kotler‚ 2008‚ pg. 131). For example‚ trying to decide what restaurant to pick to celebrate a birthday at. Different factors
Premium Working class Social class Decision making
CODING - DEBUGGING PRELIMS ROUND QUIZ PART—ONE (PREDICT THE OUTPUT) Q1. What will be the output of the following arithmetic expression? 5+3*2%10-8*6 a) -37(Y) b) -42 c) -32 d) -28 Q2. What will be the output of the following statement? Printf (3 + "goodbye"); A) goodbye B) odbye C) bye D) dbye(Y) Q3. What will be the output of the following statements? int x[4] = {1‚2‚3}; printf("%d %d %D"‚x[3]‚x[2]‚x[1]); a) 03%D b) 000 c) 032(Y) d) 321 Q4). Predict the Output? void main () { int a=10‚b=20;
Premium Statement Subroutine
CACHE level 3 understand how to set up a home based childcare service Task 1 Produce and information sheet which outlines the following Current legislation for home based child care. In this section I will discuss the legislations that are current for home base childcare. There are several legislations that are currently set in place that childminder have to adhere to. The Children’s Act 2004 – This act provides the basis for how social services and other agencies deal with the issue relating
Premium Childhood Children Act 1989 Child
April:54 May: 35 June: 46 what is the code for July? a) 27 b) 32 c) 47 d) 52" "What is the next letter in the sequence? J‚ F‚ M‚ A‚ M‚ J‚....?" What comes next in the sequence? "There are 5 locked treasure chests- one made of gold‚ one of silver‚ one of bronze‚ one of glass‚ and one of wood. There are also 5 keys- one in each material. The gold key unlocks
Premium Nutrition Obesity Exercise