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Meaning of Capital Budgeting
Decisions relating to irreversible commitment of funds to projects whose profits are to be reaped over a time span longer than the current accounting year are known as capital expenditure / capital budgeting decisions. They generally are decisions related to fixed / long term assets whose investment decisions involve current outlay of money but returns are spaced over a period of time longer than one year. These profits may be either in the form of increased revenues or reduced costs.
Types of Treasury Bills Treasury bills are issued at various maturities, generally up to one year. Thus, they are useful in managing short-term liquidity. At present, the GOI (
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types of working managment policies
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