Q 1 : ( 550 words )
” Tax is not a voluntary payment. it is charged by the government based on the income of the assess and the tax rate prescribed by the act “
What are purpose of taxation and explain the meaning of permanent establishment as per Oman tax law .
Q 2 : ( 550 words )
” A sound cash management scheme, maintains the balance between the twin objectives of liquidity, profitability and safety. “
Substantiate the above statement giving examples for the two main objectives of cash management.
Q 3 : (300 words )
List out the various types of borrowings and explain in detail the mortgage loan.
Q 4: (300 words )
” insurance protection is required not only for life, it is required for many other areas.”
List out the various types of insurances and explain the need of such insurances.
Q 5: (500 words )
Explain with examples , the advantage and disadvantages of buying an asset or leasing an asset.
*** Format of assignment :
1- introduction (200 words )
2- body ( assignment question ) ( 2200 words )
3- conclusion ( 200 words )
Total = 2500 words