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ON THE BASIS OF FLEXIBILITY
• Fixed budget: this is designed to stay unchanged irrespective of the volume of output or turnover attained. The budget remains unchanged over a given period and does not change with the change in the volume of production or level of activity attained.
• Flexible budget/ variable budget: it is designed to change along with the changes in the output or turnover. It changes according to the levels of activity.
Consistency - ACCOUNTING postulate that stipulates, except as otherwise noted in FINANCIAL STATEMENT, same accounting procedures and policies have been followed from period to peri
LKL PLC Project VZ (a) Cash Flow budget and NPV WORKINGS
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mini-case chapter 15:payout policy Megginson, Smart, Graham
Given that risk-averse investors demand more return for taking on much more risk while they invest, how much more return is suitable for, say, a share of common stock, than is suit
The Rise of Derivative Market: In the 1980s, the process of liberalization and deregulation of the financial markets gained momentum when the British and American leadership l
Determine the amounts to be recognised in profit or loss and in other comprehensive income in respect of the property for the year ended 31 December 2010. Evaluate the compliance
explain about receivable management
I need a report on the topic Factors affecting Composition of Working Capital. Can you please assist me?
Q. Determine Earnings per share? Current earnings per share = 100 × (4550 - 225)/ 5000 = 86.5 cents Earnings per share after one year = 100 × (4508 - 225)/ 5000 = 85.7 cents
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