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Financial Control: - The establishment as well as use of financial control devices is an important function of financial management. These devices comprise:
Process of Financial Control:-
Question 1 What is Depreciation? Question 2 What are the elements of an accounting system? Question 3 How do you prepare Flexible Budget? Question 4 Briefly explain
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Size of the business / scale of the operation : the working capital requirement of the concern are directly influence the by the size of the business which may be measured in the
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