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2. Discuss the current accounting standards or principles applicable in Ethiopia as a base for

financial statement preparation and presentation.

3. Explain the underlying prescriptions of IFRS

4. Describe five types of business transactions with external parties and another five types of

business transactions from internal sources of a selected form of business company at your

nearby (please indicate the form of company you selected on the answer sheet) and explain

how they are journalized and then reported in the financial statements.

5. Discuss the accounting process as a cycle with a given period by explaining each of the

steps and by giving practical examples.


Porter’s Value chain model is a generic model that has been adopted by manufacturing

firms. Considering the above, outline the primary and support activities of

the value chain model.


Discuss cybercrimes including creation of malicious programs such as viruses, worms, 

Trojan horses, and zombies as well as denial of service attacks, Internet scams, identity 

theft, cyberbullying, rogue Wi-Fi hotspots, and data manipulation.


Which micro-environmental factors can be found in the case study that caused blueline luxury yachts to respond to changes
Would you recommend that Blue Luxury Yachts follow a centralised or a decentralised approach with regard to decision-making in the organisation

MG Motors have been having a tough time from the time of their launch in India. They feel that there have been a lot of pilferages and wastage in their production and they need to sort it out as soon as possible. Also, the time taken to manufacturer one unit of their cars is extremely high as compared to global benchmarks. They have hired you as a consultant for the same? Can you explain the concepts of JIT and Lean Production to them and help them apply the same in order to reduce their troubles?


Distinguish between performance management and performance appraisal


Discuss some of the crucial challenges that organisations can be faced with during planning and 

implementation phase of any training and development program. 



Discuss some of the fundamental skills that organisations need to focus more in developing among 

their employees if they want to keep their business at a competitive advantage in the 21 century.


 Why is it important for security and privacy to be considered as one of the important factors, in 

the design, development and maintenance of an HRIS?


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