Which category of business organization the national bank

Assignment Help Financial Accounting

Reference no: EM132809924

Problem 1: Different forms of business organizations are governed by different regulations. List and briefly explain the different forms of business organizations. Identify under which category of business organization the National Bank of Oman bank falls, support your answer from the annual report of National Bank of Oman 2019.

Problem 2: Measurement means the process of determining the monetary amount at which the elements of the financial statements are to be included in the balance sheet and income statement. The IASB Framework includes the four bases of measurement. Explain these four bases of measurement with example. Identify that which measurement bases is used by National Bank of Oman in preparing their financial statements?

Attachment:- IASB.zip

Reference no: EM132809924

Questions Cloud

Different types of testing used in a selection process : Discuss an advantage for two different types of testing used in a selection process, and give an example of each.

Treatment program in a mental health center : Choose one theory and describe how a human service professional might broadly use that theory in working with the following population:

What is the internal rate of return for the j-mix : Cash flows of $559,488.00 each year for the next five years. The cost of capital is 9.15%. What is the internal rate of return for the J-Mix 2000?

Problem of transporting lincoln control system : Does Lincoln follow a hierarchical or decentralized approach to management? Explain your answer and give examples.

Which category of business organization the national bank : Identify under which category of business organization the National Bank of Oman bank falls, support your answer from the annual report of National Bank of Oman

What are the objectives of labor relations : What are the objectives of labor relations for the administration, unions and society.

Encourage incentivize employer behaviors : Some people argue that there is too much government intervention, while others say there is no enough. Based on the presentation of laws

Why is multiculturalism important in the workplace : Provide reasoning as to why diversity is important to maintain profitability.

Solve labor rate variance and the labor efficiency variance : Calculate the labor rate variance and the labor efficiency variance. The standard wage rate is $33. In July, the company produced 75 refrigeration units

User Account

All Pages