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Full Service Recourse Factoring: In this kind of factoring the client has to bear the risk of default made through the debtors. There the factor had advanced funds against book debts on that the customer subsequently defaults the client will be required to refund the money. This kind of factoring is more a way of short-term financing quite than pure credit management and protection service. This kind of factoring is appropriate for cases where there are high spread customers along with relatively low exposure or where the client is selling to high risk customers.
Problem Marginal costing plays a major role in making certain decisions. It provides information to management regarding the behaviour of costs and the incidence of such costs
I need an example on how to solve a single and two product bundle
What value can management derive from a Balance Scorecard? How does the management accountant contribute?
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Logan Products computes its predetermined overhead rate annually on the basis of direct labor hours. At the beginning of the year, it estimated that 39,000 direct labor-hours would
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