Accounting Theory Internal Assessment Evaluation Subject Code - 801421 Section - 1 & 30 Assignment - 2 Last date of the assignment 1/4/2021 Submit through Moodle 2*10-20 Marks Answer the following questions 1) How far do you think that abridged balance sheet instead of full balance sheets supplied to the shareholders meet their requirement in Oman? 2) If you were given the option to prepare a statement either Income statement, Balance sheet statement, cash flow statement, which one would you prefer? Why? Explain keeping in view the objectives of financial statement of business enterprises? General Instructions: 1. Write the answers in the A4 size paper or Excel, Word, Notepad etc., 2. Please use only blue or black pen when answering these questions. Please do not use pencils. 3. Please do not cut or overwrite while waiting the answers. 4. Any attempt for malpractice will result in failing you in the assignment 5. Plagiarism applicable 6. Maximum 1200 Words Accounting Theory Internal Assessment Evaluation Subject Code - 801421 Section - 1 & 30 Assignment - 2 Last date of the assignment 1/4/2021 Submit through Moodle 2*10-20 Marks Answer the following questions 1) How far do you think that abridged balance sheet instead of full balance sheets supplied to the shareholders meet their requirement in Oman? 2) If you were given the option to prepare a statement either Income statement, Balance sheet statement, cash flow statement, which one would you prefer? Why? Explain keeping in view the objectives of financial statement of business enterprises? General Instructions: 1. Write the answers in the A4 size paper or Excel, Word, Notepad etc., 2. Please use only blue or black pen when answering these questions. Please do not use pencils. 3. Please do not cut or overwrite while waiting the answers. 4. Any attempt for malpractice will result in failing you in the assignment 5. Plagiarism applicable 6. Maximum 1