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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.
Cash flow from investing activities The items included in this heading are: Cash payments Cash receipts Acquiring proper
Explain Dual Currency Bond A dual currency bond is a straight fixed-rate bond that is issued in one currency and pays coupon interest in that similar currency. At maturity, th
London Interbank Offered Rate (LIBOR) This is the base lending rate which is charged by banks in the London Eurocurrency market. LIBOR is the European equivalent of the U.S. pr
The banking sector has a vital and active role in the money market. The transactions taking place in these securities are large in size, both in terms of volumes
The Beta Corporation has an optimal debt ratio of 40%. Its cost of equity capital is 12% and its before-tax borrowing rate is 8%. Given a marginal tax rate of 35%, calculate (
Working and function of stock exchange
A revenue bond is a special type of municipal bond distinguished by its guarantee of repayment from revenues generated by a specifie
What is Settlement date? Please provide me report on Settlement date. It is about 2000 words count report on topic Settlement date.
Modified duration is used to determine the percentage change in the bond's prices for a 100 basis point (1%) change in the yield. The underlying assumption is tha
Let us look into few floaters that have constant quoted margin. 1. De-leveraged Floaters 2. Inverse Floaters 3. Dual-Indexed Flo
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