Questions from General Accounting

Q: As the director of a company, you need to make a

As the director of a company, you need to make a decision regarding whether to shift the manufacturing operations offshore. Over recent years, the influx of cheap imports has made it harder to compete...

Q: Every time there is a spate of corporate collapses, the accounting

Every time there is a spate of corporate collapses, the accounting profession has been closely scrutinised and many members of the professional bodies have appeared before disciplinary hearings. The p...

Q: You are faced with the following situations. Use the Langenderfer and

You are faced with the following situations. Use the Langenderfer and Rockness model to help determine the course of action you would take. (a) You are a manager within a large entity and need to make...

Q: You are an accountant with XYZ Ltd and are confronted with the

You are an accountant with XYZ Ltd and are confronted with the situations described below. State in each case whether there has been a breach of the APES 110 Code of Ethics for Professional Accountant...

Q: What is a business transaction and how does it relate to the

What is a business transaction and how does it relate to the accounting process? Illustrate the concept of a business transaction with five examples relating to an SME such as a provider of Chinese th...

Q: Give an example of the role accounting information plays in the investment

Give an example of the role accounting information plays in the investment planning for a retired footballer and a retired schoolteacher.

Q: Compare and contrast teleological theories and deontological theories. Discuss whether you

Compare and contrast teleological theories and deontological theories. Discuss whether you think these theories have a place in modern business society.

Q: What is the relationship between the AASB and international standard-setting

What is the relationship between the AASB and international standard-setting bodies such as the IASB?

Q: Outline the major maxims of Kantianism and describe what they mean.

Outline the major maxims of Kantianism and describe what they mean.

Q: One of the limitations of accounting information is the historical nature of

One of the limitations of accounting information is the historical nature of the financial reports. Provide an example of an asset from the statement of financial position of Qantas Group where the as...