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Full Service Non Recourse: in this method the book debts are purchased through the factor assuming 100 percent credit risk. In case of default through the debtor the whole risk is borne through the factor. Moreover to this the factor may also advance 80 to 90% of the books debts instantly to the client. Payments are made straight to the factor through the customers. The factor also keeps the accounts and sales ledger and prepares according to the age reports of good book debts. These kind of factoring services are particularly suited to the subsequent conditions as:
a) Amounts concerned per customer are relatively substantial
b) There are large numbers of customers of whom the client cannot have personal knowledge
c) Clients need to have 100 percent cover rather than 70 to 80% cover provided via the insurance companies.
Review the options and views available to answer the following questions: 1. What sort of information is being provided by the dashboard? What visual objects are used? Wh
Significance points of Variance The following significant points must be kept in mind: Controllability: Controllability should also influence the decision whether t
Cost concept . techniques of costing . absorption costing
Explain Management accounting Meaning & definition: Management accounting is comprises of two words, Management and accounting. It is the study of managerial aspect of the ac
What are the Objectives of budgetary control 1) Planning : planning is an important managerial function. it helps to decide in advance, what to do how to do it when to do it a
Explain the growth, index, sectoral, gilt and money market methods? (i) What are the key variations among the open ended and close ended methods? What are the plus and minuses
tell me how go about charging for your services
how long will it take to get answers after question are submitted
5
Total inventory costs formula Total inventory costs will be as follows: Total inventory costs = Purchase price cost + carrying costs + stock-out cost + order costs. Tota
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