Question

In: Accounting

Describe the three main attributes of a close corporation (9 Marks) b. Give 5 advantages and...

Describe the three main attributes of a close corporation

b. Give 5 advantages and 5 disadvantages of a close corporation

c. Describe the three statutory requirements with regard to the accounting records and

financial reporting of a close corporation

Solutions

Expert Solution

ekkarill92 answered 7 months ago
Next > < Previous

Related Solutions

5. Describe the three main sections of a statement of cash flow? (6 marks)
5. Describe the three main sections of a statement of cash flow?
Q55 Identify the main attributes of XML. [3 Marks]
Q55 Identify the main attributes of XML. [3 Marks]
Give three advantages and three disadvantages of source separation of waste for recycling. [12]marks
Give three advantages and three disadvantages of source separation of waste for recycling. [12]marks
2. a. Describe three physiological changes that occur within a plant during drought. ​​​​​​​​​​​​​(9 Marks) b....
2. a. Describe three physiological changes that occur within a plant during drought. ​​​​​​​​​​​​​ b. Write an essay on importance of Biological Nitrogen Fixation (BNF) in sustainable agriculture.​​​​​​​​​
Give a brief account of a. [5 marks] Rayleigh scattering, b.[5 marks] the photoelectric effect, c....
Give a brief account of a. [5 marks] Rayleigh scattering, b.[5 marks] the photoelectric effect, c. [5 marks] the Compton effect and d. [5 marks] pair/triplet production. For each of them, describe the phenomenon, account for it in terms of physical principles, and state the photon energy range and atomic number Z of target material over which it is important.
What is a Close Corporation (or Closely Held Corporation) and what are the advantages and disadvantages...
What is a Close Corporation (or Closely Held Corporation) and what are the advantages and disadvantages of a Close Corporation?
Given that PA ∪ B=5/9 and PA ∩ B'=8/15 , determine P(B) . (2 marks) A...
Given that PA ∪ B=5/9 and PA ∩ B'=8/15 , determine P(B) . A country club has a membership of 500 members and operates facilities that include a swimming pool and a gymnasium. The club president would like to know how many members regularly use the facilities. A survey of the members indicates that 70% regularly use the swimming pool (S), 50% regularly use the gymnasium (G), and 5% use neither of these facilities regularly. Calculate the probability of the...
Given that PA ∪ B=5/9 and PA ∩ B'=8/15 , determine P(B) . (2 marks) A...
Given that PA ∪ B=5/9 and PA ∩ B'=8/15 , determine P(B) . A country club has a membership of 500 members and operates facilities that include a swimming pool and a gymnasium. The club president would like to know how many members regularly use the facilities. A survey of the members indicates that 70% regularly use the swimming pool (S), 50% regularly use the gymnasium (G), and 5% use neither of these facilities regularly. Calculate the probability of the...
a. Define Entrepreneurship (Give three definitions and briefly explain them)(Max. 400 words) (30 Marks) b. Describe...
a. Define Entrepreneurship (Give three definitions and briefly explain them)(Max. 400 words) b. Describe its roles (e.g., its economic and social contribution.(Max. 200 words) c. SME Support Systems in Oman (The students should identify: i. two SME support systems in the Sultanate of Oman, ii. the kind of ventures they support; iii. The amount of finance/funding they provide; and iv. the qualifying criteria.)(Max. 350 words) d. Briefly discuss the key issues in setting-up and running a small business (Briefly discuss...
a. Give three characteristics of a perfectly competitive market. [3 marks] b. List and explain three...
a. Give three characteristics of a perfectly competitive market. [3 marks] b. List and explain three types of barriers to entry that may be used in a monopoly. [3 marks] c. For a monopolist, why is marginal revenue less than price for every level of output except the first? [4 marks] d. Give the conditions which should exist for price discrimination? [3 marks] e. Draw a diagram to show the long run equilibrium condition of the perfectly competitive firm [4...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT