Q1.Assume that you have attended an interview for the post of Accountant in Sohar Aluminum Company...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Q1.Assume that you have attended an interview for the post of Accountant in Sohar Aluminum Company S.A.O.C. The first round of the interview is written test and the following questions has been asked in the test. Being an interviewee how will you answer the question? What did you understand about conceptual frame work for Accounting? What is the purpose of conceptual frame work? Write overview and History of conceptual framework for Accounting. Q2. Download the statement of position and statement of financial performance of any company and identify the values of (7 marks) flowing elements from the downloaded statement for the vears Q1.Assume that you have attended an interview for the post of Accountant in Sohar Aluminum Company S.A.O.C. The first round of the interview is written test and the following questions has been asked in the test. Being an interviewee how will you answer the question? What did you understand about conceptual frame work for Accounting? What is the purpose of conceptual frame work? Write overview and History of conceptual framework for Accounting. Q2. Download the statement of position and statement of financial performance of any company and identify the values of (7 marks) flowing elements from the downloaded statement for the vears
Expert Answer:
Answer rating: 100% (QA)
Answer Explanation iA conceptual framework can be defined as a system of ideas and objectives that lead to the creation of a consistent set of rules a... View the full answer
Related Book For
Vector Mechanics for Engineers Statics and Dynamics
ISBN: 978-0073398242
11th edition
Authors: Ferdinand Beer, E. Russell Johnston Jr., David Mazurek, Phillip Cornwell, Brian Self
Posted Date:
Students also viewed these accounting questions
-
Assume that you have been selected as a team leader for four other classmates. The teams assignment is to develop a 15-page paper on leadership and then present the paper to the class. This project...
-
In addition to triphenylphosphine, assume that you have available as starting materials any necessary aldehydes, ketones, and organic halides. Show how you might synthesize each of the following...
-
Assume that you have been hired by Big Sky Corporation as a summer intern. The company is in the process of preparing its annual financial statements. To help in the process, you are asked to prepare...
-
Suppose you are going to put up your own company, list down at least ten of your possible contributions to the socio-economic development in your community. Name of Business: Name of Owner/s: 2. 4....
-
Heather Hudson makes stuffed teddy bears. Recent information for her business follows: Selling price per bear ....... $35.00 Total fixed cost per month ..... 1,500.00 Variable cost per bear ..........
-
What causes the variable overhead efficiency variance?
-
A panel consists of three female and seven male experts. Three experts are chosen at random from this panel to serve in a selection committee. What is the probability of choosing (a) three men? (b)...
-
Evaluating the Income Statement and Cash Flow Effects of Lower of Cost or Market Harvey Company prepared its annual financial statements dated December 31, 2011. The company applies the FIFO...
-
You are three students who have together bought a business that makes snow. The customers consist of both large public enterprises and private individuals. The business is run all year round, but the...
-
Vincent Cardoza is the owner and manager of a machine shop that does custom order work. This Wednesday afternoon, he has received calls from two customers who would like to place rush orders. One is...
-
1. What is the yield to maturity on a $10,000-face-value discount bond maturing in one year that sells for $9,523.81? 3. The primary deposit is $10 million, required reseve rate is 10%, currency...
-
What is the probabilistic safety assessment (PSA) and its role in safety assessment of nuclear reactors. Explain the level of maturity achieved by this methodology over the years.
-
Explain the difference between DEC-A and DEC-B?
-
Explain the methodology of evaluating reliability of safety systems.
-
Explain what is a failure mode, failure mechanism, and failure effect in systems.
-
Explain the important outcomes of the three major accidents occurred in nuclear reactors.
-
Communication 13 Marks Date Covered Posting F Learning Goals CHAPTER SEVEN POSTING 1. To assess the effects that transactions have on accounts and financial statements. 2. To record transactions...
-
The electric field due to a line charge is given by where l is a constant. Show that E is solenoidal. Show that it is also conservative. E =
-
Three identical cars are being unloaded from an automobile carrier. Cars B and C have just been unloaded and are at rest with their brakes off when car A leaves the unloading ramp with a velocity of...
-
A cord is attached to and partially wound around a cylinder with a weight of W and radius r that rests on an incline as shown. Knowing that θ = 30°, draw the free-body diagram needed...
-
Two cables are tied together at C and are loaded as shown. Determine the tension (a) In cable AC, (b) In cable BC. 75 75 200 k
-
Given forecast errors of 3, 2, -2, and 9, what is the tracking signal?
-
Given a forecast of 2,105 and an actual outcome of 1,980, what is the error in the forecast? What is the percent error?
-
Given an actual demand of 34 this period, a predicted value of 45 this period, and an alpha of 0.2, what would be the simple exponential smoothing forecast for the next period?
Study smarter with the SolutionInn App