Question: Classify the revenue recognition method(s) used by Al Marai as discussed in the annual report. Explain the rationale underlying the appropriateness of methods used by

  1. Classify the revenue recognition method(s) used by Al Marai as discussed in the annual report. Explain the rationale underlying the appropriateness of methods used by Al Marai.

[Marks (Words): 10(100)]

  1. Corporate governance is the system of rules, practices, and processes by which a company is directed and controlled. Justify your answer and provide an example from the Annual Report of Al Marai.

[Marks (Words): 10(100)]

  1. Who is the external auditor of Al Marai? Write a summary of the report of the external auditor on the presentation of financial statements.

[Marks (Words): 10(100)]

  1. Explain the meaning of horizontal analysis and vertical analysis. Describe the importance of horizontal and vertical analysis of financial statements on Al Marai. Give example from the report.

[Marks (Words): 10(200)]

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