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Q. Show the goals of managers?
The goals of managers may conflict with the objectives of shareholders particularly with the objective of maximisation of shareholder wealth. Management payment package are one way in which goal congruence between managers and shareholders may be increased. Such packages must motivate managers while supporting the achievement of shareholder wealth maximisation. The following factors must be considered when deciding on a remuneration package intended to encourage directors to act in ways that maximise shareholder wealth.
IAS 1 contents of financial statements IAS 1 prescribes the contents of published financial statements. The major reports that are included as part of the published financial sta
Q. Somento Forest Inc. has 10,000 shares of 6%, $100 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at December 31, 2014. What is
How can a person tell whether an entry to an expense account is payment for a legitimate expenditure or a means of concealing a theft of cash?
Q. Describe about Trade Test? With a view of perform the work in a trade an artisan staff should have the skill required for the trade and for this Railway workers classificati
Illustration of Corporate tax During the year ended31/12/2003, A Ltd. had estimated the corporation tax for the year to be £100,000. The amount was still outstanding as at 31/1
In the spring of each year, Steinbrook College's theater department puts on a contemporary play. Before the performance, the theater manager instructs student volunteers in their d
explain the purpose and circumstances of using fair values in preparing consolidated financial statements
What do you mean by base case NPV?
An investment will pay $200 at the end of every of the next 3 years, $400 at the end of Year 4, $600 at the end of Year 5, and $800 at the end of Year 6. If other investments of eq
Steps for preparing Final Accounts The following steps should be followed in preparing the final accounts where we have a foreign branch. 1. Update the trial balance of the br
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