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Here are the solutions to the questions in English.

  1. Solve Question 1

    "Which one of the following is not the basic strategic area in attracting resources and customers?"

    • A/ Customer centric operational excellence
    • B/ Human capital development
    • C/ Decrease Market share
    • D/ Introducing technology and innovation
    • E/ Build business
    • F/ None of the above

    Explanation: Strategic areas for attracting resources and customers are aimed at growing and improving a business. Decreasing market share is a strategy that weakens a business, not strengthens it. Therefore, it is not a strategic area for attracting resources and customers.

    • Answer: C/ Decrease Market share
  2. Solve Question 2

    "Which one of the following institutions cannot stop the operation of an account in its entirety or stop payment for various reasons? (10 points)"

    • A. Ethiopian Revenues and Customs Authority
    • B. Development Bank of Ethiopia
    • C. Financial Intelligence Bureau
    • D. Court Authorities
    • E. None of the above

    Explanation: The Ethiopian Revenues and Customs Authority, Financial Intelligence Bureau, and Court Authorities all have legal powers to freeze accounts or stop payments for various reasons. The Development Bank of Ethiopia is primarily a lending institution and does not possess the regulatory or law enforcement authority to unilaterally stop account operations or payments like the other institutions listed.

    • Answer: B/ Development Bank of Ethiopia
  3. Solve Question 3

    "According to principle of Accounting course which one of the following is not categorized on Equity? (10 points)"

    • A. Capital
    • B. Retained Earnings
    • C. Reserves
    • D. Patents
    • E. None of the above

    Explanation: In accounting, Equity typically includes Capital, Retained Earnings, and Reserves. Patents are an intangible asset, not a component of equity.

    • Answer: D/ Patents
  4. Solve Question 4

    "If the volume of suspense account Decreases the result would be _________? (10 points)"

    • A/ Exposes to Risk on fraud
    • B/ Decrease income
    • C/ Create liquidity problem
    • D/ Increase provision and decrease profit.
    • E/ All of the above
    • F/ None of the above

    Explanation: A suspense account is a temporary account used to hold transactions that cannot be immediately classified. A decrease in the volume of a suspense account means that more transactions have been correctly identified and moved to their proper accounts. This indicates better reconciliation and a reduction in errors.

    • A/ Exposes to Risk on fraud: A decrease in suspense account volume reduces the risk of fraud, it doesn't expose it.

    • B/ Decrease income: It has no direct relation to decreasing income.

    • C/ Create liquidity problem: It has no direct relation to liquidity problems.

    • D/ Increase provision and decrease profit: It has no direct relation to increasing provisions or decreasing profit. Therefore, none of the listed options accurately describe the direct result of a decreasing suspense account volume.

    • Answer: F/ None of the above

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