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Q. What are the advantages and disadvantages of free float?
Advantages: It is one of the most suitable ER regimes for transitional countries that experience external shocks like,
a. Terms of trade deterioration
b. Loss of competitiveness, real appreciation of the national currency c. International trade volume decline
d. Weak regional integration
e. Lack of mature and fully functional financial markets f. Difficulty of determining the equilibrium.
Disadvantages: a. High inflation rate. b. Loss of the confidence in national currency c. Loss of traditional markets for exports. d. National currency devaluation.
behavioral aspect of standard costing
By understanding the financial statements of a company, one of the first steps considered is the study of the changes in current financial position of the company and the purpose f
Constant Gross Margin Rate This method assumes that every product contributes an equal percentage of gross profit for every shilling of sales. It works back from gross margin
Shubenacadie Inc. is currently considering a project with a 5-year life that it believes has the potential to return the company to profitability. Based on the results from a marke
equity ratio?
A provision must be made in advance for those debts whose recovery is uncertain and to writing off bad debts. Each enterprise, depends on their past experience, make a provision fo
DEFINATION
the folloeing job order cost sheets were purchased for three jobs that were in production during january job 97 job 98 job 99 material
HOW APPLICABLE IS THE MARGINAL COSTING CONCEPT IN ACCOUNTING
Support Department Cost Allocations. Riverside Furniture Company manufactures unfinished furniture for sale to retailers. Riverside has two support departments, Maintenance and Hu
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