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IMPORTANT FACTORS FOR SUCCESSFUL BUDGETARY CONTROL
1. Clearly defined organization structure.
2. Top management support.
3. Reporting of deviations
4. Efficient accounting system.
5. Realistic targets.
6. Motivation.
7. Flexibility.
8. Participation of all departments concerned.
Going Concern in Financial Management Going concern means in which business activities will continue for a fairly long period of time unless and until the business has entered
State the factors of Tests of controls Tests of controls may include · Enquiries and observations corroborating internal control functions. Inspection of docu
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The purpose of this financial analysis is to determine the economic viability during the last five years of the Lance Company and to advise our client on whether the acquisition of
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