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Concentration Banking
Firms along with regional sales outlets can designate specific of these as regional collection centre. Customers during these areas are necessitated to remit their payments to these sales offices that deposit these receipts in local banks. So Funds in the local bank account in excess of a particular limit are then transferred or via wire to the firms concentration or main bank.Concentration banking decreases the amount of time such elapses among the customer's mailing of a payment and such the firm's receipt of that payment.
(a) State the most appropriate drivers for the following direct expenses: (i) New business administration department's salary costs (ii) Medical examinations for temporary life
Question: (a) (i) Define the term multicollinearity. (ii) Explain why it is important to guard against multicollinearity. (b) (i) Sometimes we encounter missing value
Who is Floor Broker Floor brokers aren't many in number. They execute orders for fellow members and receive a share brokerage commission charged by a commission broke
Ask question #Minimum what are the challenges that a finance manager may face?
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literature review?
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Definition of 'Capital Budgeting': The process in which a business calculates whether projects such as building a new plant or investing in a long-term risk are worth pursuing
FASB Assignment
From the following information related to XYZ Ltd.; you are required to find out (a) contribution (b) Break-even point in units (c) Margin of safety, (d) Profit Tota
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