Identify missing information in the diagram given below pertaining to Code of Ethics for professional accountant:
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- Provide a brief definition or explanation of each of the following terms within the context offinancial business management, together with a comprehensive example. 1-The risk-return principle. 2-The current ratio. 3-Net profit margin.a) Describe 5 fundamental principles of IESBA code of ethics b) how this fundamental principle can ensure professional accountant will act ethically in decision making ?Answer briefly for each questions. Thank you. 1. Differentiate General Annuity and General Ordinary Annuity? 2. What is a General Ordinary Annuity? 3. Express the process in finding the Present and future value of General ordinary annuity. 4. What is the formula in finding the Fair Market Value? 5. Express the process in finding the Fair Market Value.
- Q1. Define the following terms briefly; a) Profession: b) Work: c) Career: Q2. Based on your definitions of the terms above, explain your future profession, work and career with examples. Q3. Define the terms “ability” and “interest” and write at least 3 of your abilities and at least 3 of your interest.Provide a brief definition or explanation of each of the following terms within the context offinancial business management, together with a comprehensive example. 4 - Zero-base budgeting.5 - Trade credit.81 ll moodle.nct.edu.om/mod/q The correct answer is: Cooperation Question 8 Complete Mark 1.00 out of 1.00 P Flag question is the way one acts and conducts themselves towards others. a. Habit b. Norms • c. Behavior Od. Values The correct answer is: Behavior Question 9 Complete Mark 1.00 out of 1.00 P Flag question II
- Suppose you work for a well-known local restaurant, and a friend ofyours is an account representative for a supplier of restaurant equipment. You know the restaurant owner is considering upgradingsome of the kitchen equipment. Although you have no purchasingauthority, your friend has asked you to arrange a meeting with therestaurant owner. You have heard unflattering rumors about thissupplier’s customer service.1. Would you arrange the meeting between your friend andyour boss?2. Would you mention the customer service rumors either toyour friend or your boss?3. Would you try to influence the purchase decision in eitherdirection1. What is your definition of Business Analytics?123) How does awarding managers stock options help align the goals of managers and stockholders? a) If top management has stock options that become valuable at a particular price (higher than the prevailing markets price), management will b incentivized to improve company performance so the option can be exercised at the higher price b) Stock options guide managers in allocating funds for training c) If top management has stock options that become valuable at a particular price, they will be incentivized to buy and sell stocks d) This will help the managers and stockholders learn to work with each other as the managers will look to stockholders for advice on stock handling
- Q1. Indicate whether or not the organization where you are employed engages in strategic management and planning. If Yes, how has this benefitted the organization? If No, give your perceptions regarding the limitations and why the organization does not engage in strategic management and planning. Q2. Discuss briefly why ethical decision-making is essential in an organization, and the possible effects that ethical violations/unethical behaviours can have on the organization and its stakeholders.1) What are the key performance indicators used in retail stock management? Explain each indicator with an example.Which among the following is one of the advantages of the McKinsey 7S model 1 It is considered a long-term modelWith the changing nature of businesses, it remains to be seen how the model will adapt. 2 It seems to rely on internal factors and processes and may be disadvantageous in situations where external circumstances influence an organization. 3 It is considered a longstanding theory, with numerous organizations adopting the model over time.