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CLASSIFICATION OF BUDGETS
Budgets can be categorized on the basis of several bases. There are three important bases for classifying budgets. They are - functions, time, and flexibility. Except from these classifications, many other budgets can also be found in practice like - performance budget, control ratios, ZBB, etc
Parties to Mutual Fund Trust As is common to any trust covered under the Indian Trust Act, the parties involved in a mutual fund trust are the sponsor or settler, the trustees,
The collaterals used in the repo market are high quality securities; but they are also not free from credit risk. In our earlier example, we see the dealer borrow
Briefly examine the significance of identification of investment opportunities in capital budgeting process
Problem 1 What are the characteristics of small business? Describe the various forms of organisation under which small business operate. Characteristics List the vari
The straight value of a convertible bond is nothing but the value of a non-convertible bond having same characteristics. For example, assume that a company has tw
which type of approaching to each firm
Q. What is Adjusted Basis? Adjusted Basis - After a taxpayer's basis in property is determined, it should be adjusted upwardto include any additions of capital to the property
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
Q. Explain Dividend Policy Decision? Dividend Policy Decision: - The financial management has to make a decision as to which portion of the profits is to be distributed as divi
What are the risks associated with using a large amount of short-term financing for working capital? Using a large amount of short-term financing in general allows funds to be
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