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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.
a) Define monetary policy, and discuss the operation of monetary policy in the United States post-GFC.
a) The combined two-firm concentration ratio of Motorola (approximately 17.5%) and Nokia (35%) is around 52.5% of the market. b) Up to 2 marks for correct definition: Market sha
explain for factors influencing design for dividend policies
Q. Working capital cycle? In a manufacturing concern the working capital cycle is start with the purchase of the raw material and ends with the realization of the cash from the
Q. What is Commercial Papers? Commercial Papers: Commercial papers (CPs) are short-term, unsecured securities issued by highly creditworthy large companies. They are issued wit
Budgeting: All business owners should recognise and understand the importance of preparing and maintaining a financial budget for their business. Budgets are an essential fi
The issuer will not have to disclose the rating to the public. The firm can, either independently or with the help of its investment banker, assess its shadow
Forms of Regulation There are different forms of regulation to regulate market to fulfill certain objectives. These are discussed below: Disclosure Regulation The whole
Q. What do you mean by Letter of Credit? A letter of credit is an arrangement whereby a bank helps its customer to obtain credit from its (customer's) suppliers. When a bank op
Can a company have a default rate on its accounts receivable that is too low? Explain. A company might have a default rate on AR that would be considered too low if by liberal
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