dle SUC Question 7 K SECTION A Not yet answered 102 = 20 Marked out of 20 00 Answer all the following questions each question carries two marks P Flag question 1) Give any two characteristic of accounting principle? 2) What is the relation of harmonization in international accounting? 3) What is the realization principle of accounting concept? 4) Explain the relationship of normative and positive approach of accounting theory? 5) Write any two issues affecting items of property, plant and equipment? 6) Discuss the concept of cash equivalents? 7) What are the disadvantages of single step income statement and multiple step income statement? 8) What are the concepts of pension debt? 9) Write any two factors influencing to development of accounting system? 10) How scientific approach method applicable in modern article? T: A B 1 U S X