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Q. Define Double-Entry Bookkeeping?
Double-Entry Bookkeeping - Method of recording financial transactions in that every transaction is entered in two or more accounts and includes two-way, self-balancing posting. Total DEBITS should equal total CREDITS.
Financial assets: Financial assets/instruments represent the financial obligations that arise when the borrower raises funds in the financial market. In exchange for the funds
State the Disadvantages of ias 14 risk and return approach Segments may include operations with different risk and returns. Difficulty in defining segments, which mak
Internal capital rationing is used by firms for exercising financial control. How does a firm achieve this?
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
Accounts receivable are sometimes not collected. Why do companies extend trade credit when they could insist on cash for all sales? Extending trade credit almost all the time le
working capital management?
agency relationship between shareholders and auditors
How can we measure the Present Value When we solve for present value, rather than compounding the cash flows to the future, we discount future cash flows to present value to ma
Techiniques of capm Effects of capm
Cash Forecasting and Budget: It is used to get an idea of what a cash forecasted budget any might expect to earn in a fiscal year. You take last year's expenses, increased by
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