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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.
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Investing Surplus Cash : Cash not required for temporary periods of short durations can be invested in near-cash assets, i.e. marketable securities which are readily convertible in
Suppose you have recently been contracted as a financial consultant to a London-based engineering company, Alpha Products Plc. The company uses three components as part of their pr
Abnormal Earnings Valuation Model Abnormal Earnings Valuation Model is a method to analyse the value of the firm. The value of the firm can be the sum of three components - the
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who are the participants in the hedge funds industries
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Q. Describe about Profitability Index? Profitability Index OR (PI):- Second method of estimate a project through discounted cash flows is profitability index method. This metho
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