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Question 1:
(a) Explain fully the difference between ‘Pay-As-You-Use' and ‘Pay-As-You-Go' methods of financing infra-structural projects.
(b) Write short notes on any ONE of the following:
(i) Private Finance Initiative
(ii) The life cycle costs of a physical asset
Question 2:
(a) Describe the incremental budgeting technique. Illustrate your answer with practical examples such as in recurrent expenditure budgeting.
(b) Give three reasons why incremental budgeting is still practised in the public sector in spite of its limitations.
Question 3:
Using an example of your choice, describe how Social Cost Benefit Analysis is applied in the public sector.
The RBI, on behalf of the government, issues all T-Bills and Government dated securities. Being risk-free securities, they set the benchmark for the interest rate
Walk-through tests - Auditor • "Walk-through tests" -That is tracing one or more transactions by accounting system and observing application of internal controls. Rev
If an optimal capital structure exists, what are the reasons why too little debt is as undesirable as is too much debt? Too little debt may be as unwanted as too much debt for
what is future value
Q. Show the Disadvantages of adjusted discount rate? (1) The risk premium rates resolute under this method are arbitrary. Therefore this method mayn't give objective results.
State the Examples of tests of controls: Check bank reconciliation has been reconciled as approved by chief accountant. Observe buyer checking the goods received note a
there are 3 compaies i have to find out the price of equity share by using walters and gordons model.
How do mergers affect communities? A: While a locally controlled bank is merged into a bank headquartered somewhere else (an out-of-market merger), a few apprehension about the i
What are the objectives of the Insurance Companies? Insurance companies: The main objective of insurance companies is to prevent individuals and firms (termed as policy-h
What is an annuity? An annuity is a sequence of equal cash flows, spaced consistently over time.
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