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Flowcharts - Documenting the accounting system
Depict in outline the sequence of events in a system showing document flow and department or function responsible for every event.
Advantages:-
Easier to read and understand for larger more complex systemsHighlight key features and controlsStanderdizedEasy to update and little narrative Disadvantages:-
Requires formal training to understand notation usedtime consuming to preparemay missout crucial detail because of little supporting narrative
When an investor buys a bond in between coupon payments, he is supposed to compensate the seller with the coupon interest earned on the bond from the last coupon
What happens when a bank charges discount interest on a loan? While a bank charges discount interest on a loan the required interest payment is subtracted from the loan carries o
Demand and Supply Shocks The influence of the above macroeconomic factors on the economic performance can be analyzed by classifying their impact on the economy as a supply or
Advantages: It is easy to calculate and catch. With the help of this technique, projects can be ranked in terms of their economic merits without much of complication.
what are the types of non-statuary reports?
Describe the differences between foreign bonds and Eurobonds. Also discuss why Eurobonds make up the lions share of the international bond market. Answer: The two segments of t
Let us express the process of calculating approximate percentage price change for a given change in yield and a given duration using the following formula:
At 31 July 2010 this instrument meets the definition of a derivative: Small or no initial investment. Its value is dependent on an underlying economic item; exchange ra
CAPITALISATION RATE=0.01 EARNINGS PER SHARE(E)=10 ASSUME RATE OF RETURNS ON INVESTMENTS (R):15
Why do we focus on cash flows instead of profits when evaluating proposed capital budgeting projects? We focus on cash flows at the place of profits when evaluating proposed ca
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