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Q. Allocation head for Revenue Expenditure?
All revenue expenditure is recorded in revenue allocation registers by various heads of accounts classification, The expenditure on ordinary revenue works for which detailed estimated are prepared e.g. estimates for reconditioning of assets in recorded in works registered as it is incurred and watched against detailed provisions in the estimates.
The expenditure recorded in these estimates is finally transferred to revenue allocation registers through the aid of which the expenditure is controlled against sanctioned budget allocations.
Q. The main rationale for the objective of wealth maximization is that it shows the most efficient use of the society's economic resources and therefore leads to a maximization of
What is Marginal cost of capital Marginal cost of capital, by contrast refers to incrementalcost associated with new funds raised by firm. Marginal cost is the specific conc
What is an annuity? An annuity is a sequence of equal cash flows, spaced consistently over time.
Q. Determinants of Working Capital? Determinants of Working Capital: - The working capital necessity is determined by a large number of factors but generally the following fa
Stock Market indicators: Stock indices can be organized by weighting the sample of stocks. The stock indicators can be of four types: price-weighted average, volume-weighted av
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Q. What are the Motives of Holding Cash? Motives of Holding Cash: - In every business assets are kept for the reason that they generate profit. But cash is an asset which doesn
What are the requirements of IFRS 8 IFRS 8 requires an organisation to adopt management approach to reporting on financial performance of its operating segments. General idea
Why are trend analysis and industry comparison important to financial ratio analysis? Trend analysis assists financial analysts and managers see whether a company's current fin
Now we can calculate the yield for each possible call or put date. In addition, we can also calculate the yield to maturity. The lowest yield of all these possibl
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