Solution for International Accounting 2019

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Q1: “All of us know that the total of the both sides of the Trail balance and Balance sheet are must be matched, however in many occasions total of the two sides of the statements may not be matched because of several reasons.” Discuss.

Q2: “Cost – Volume Profit (CVP) analysis is well known as well as most useful analytical tool for assessing and comparing the benefits derived by the user of the product or service against what they are paying.” Comment.

Q3: “Preparation of cash budget is helpful to resolve many systematic questions of an organization, however in very few occasions the cash budget is failed to detect uneven cash flows.” why and how?– Discuss.

Q4: “As a financial analyst, how would you address and resolve the various issues involved in international financial statements analysis?” – Explain.

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