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Financial decisions are depends on specific considerations the major being the cash flows, liquidity and cost. Short-term working capital decisions or financial decisions are different along with observing to frequency and quantum of cash flows. There are two notions of working capital:
(i) Gross Working Capital
(ii) Net Working Capital.
The main feature of the current asset is that they modify their form inside one operating cycle. Working capital requirement is affected by a variety of factors; the major among them is size and nature of business. There are different methods of computing working capital requirement. In several the base figures are acquired from financial statements.
CONTIGENCY THEORY Some researchers have argued that the context in which budgetary control is used is as important as the style in which it is implemented and used. This is ter
What are the Features of zero base budgeting 1) Manager of a decision unit has to completely justify why there should be at all any budget allotment for his derision unit. This
Transfer pricing with third party consequences Transfer prices are used not only for internal record keeping and performance evaluation purposes. There are several settings
Advantages of Simulation 1) It can be used in areas where analytical techniques are not available or would be too complex. 2) Constructing the model inevitably must involve
What are the Disadvantages of budgetary control 1) Uncertain future: the budgets are prepared for the future period. Despite best estimates made for the predictions may not
ALGEBRAIC ANALYSIS The supposition of linear cost behavior allows use of straight-line graphs and simple linear algebra in cost-volume study. The net cost is a semi-variable c
I am to write thesis on Budget and Budgetary Contro. Can you please help me with contents and notes?
FOR each of the following cases, indicate why management and the auditors determined that control deficiency was a material weakness. Case1. In our assessment of the effectiveness
Moore Company uses process costing. The following information was available for October: During October, 1,000 units were started, and costs incurred during the month were
Financial decisions are depends on specific considerations the major being the cash flows, liquidity and cost. Short-term working capital decisions or financial decisions are diffe
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