1. Explain the role of the international finance services Board (IFSB) and the accounting and auditing organization for Islamic Banking institution (AADIFI) within the context of the international Islamic banking and Finance?
2. A small activated sludge wastewater treatment plant is expected to have a delivered-equipment first cost of $273,000. The cost factor for the installation of piping, concrete, steel, insulation, supports, et is 0.49. The construction factor is 0.53, and the indirect cost factor is 0.21. Determine the total plant if the indirect cost is applied to (a) the cost of the delivered equipment and (b) the total direct cost.