Case Study 4 ABC Auditors are a well-known accounting and auditing firm in the Sultanate of Oman. In addition to the basic services, the company also operates a division that is focused on providing research and consultancy services to the companies in Oman. Recently, four graduates (Amir, Hilal, Hamood, Said) from Sultan Qaboos University were recruited by the company. During the probationary period, the new recruits were asked to conduct a detailed study on the topics provided by the company. Amir was assigned the task to study the perception of investors towards the stock market. He felt that it is better to use a survey among the investors and collect information about the Page 7 factors that influence their attitude towards the stock market. He also decided to survey both current investors and prospective investors for the study. Hilal, on the other hand, selected a topic related to an accounting information system. He was asked to study whether the accounting information system helps organization to produce reliable accounting reports. He selected 100 companies and conducted a survey to evaluate whether the accounting system helped them to prepare error free and reliable accounting reports However, Hamood was asked to examine the cash conversion cycle and total debt of the company. He adopted a study based on secondary data and obtained all relevant information from audited financial statements available in Muscat Securities Market In order to study the impact of a new accounting software for detecting accounting errors and omissions, Said has employed a research by implementing the software in selected organizations in Muscat. Organizations from different sector (manufacturing, service and trading) were selected and the impact of new software was analyzed. Based on the above study, answer the following: (Maximum word count for Case Study is 400 Words) (5+5 = 10 Marks) Explain the accounting topic arcas selected by Amir, Hllal, Hamood and Said. There are three major research methodologies for research in accounting. Which methodology is most suitable for each of the researchers? Justify your answer 1 2