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ON THE BASIS OF TIME
• Long term budget: as per the National Association of Accountants, America, a long term budget is a systematic and formalized process for purposeful controlling and directing future operations in the direction of a desired objective for periods extending beyond one year.
• Short term budget: It covers a budget period of less then one year or one year.
• Current budget: This budget covers a very short period like a month or a quarter. They are basically short term budgets adjusted to prevailing circumstances or current conditions.
An investor receives periodic interest payments at specified intervals till the date of holding or maturity. However, the holder of zero coupon
The Managing Director of your firm is thinking aloud about an appropriate gearing level for the company: "The consultants I spoke to yesterday explained that some academic th
BAGS, Inc. is considering an investment in a new project. The required investment is $1,000,000. After-tax net cash flows are expected to be $50,000 the first year and are expected
The requirement of this assignment that you write a Market Outlook for Bond Markets in a report form, in which you present your assessment of the investment potential of global so
Q. Determining Optimum Liquid Balance? Liquid balance (balance of cash and marketable securities) must be maintained at the optimum level. It is the level which gives the minim
Definition of 'Working Capital Turnover': A calculation comparing the depletion of working capital to the generation of sales over a provided period. This provides some useful
Question 1: The various criteria for evaluating a revenue measure or system are: ? Yield ? Political expediency ? Consistency with economic and social goals ?
Offshore Financial Center It is a location with banking facilities to accept deposits and make loans in currencies various from the currency's country of origin. Banks located
Goodshape Company has currently, an ordinary share capital of Rs. 2.5 million, consisting of 25,000 shares of Rs. 100 each. The management is planning to raise another Rs. 2 milli
What are the benefits of Traditional approach Traditional approach had a very narrow perception and was devoid of an integrated conceptual and analytical framework. It had pre
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