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After going through this section, you must be capable to:
- Identify the time value of money;
- Know what gives money its time value;
- Identify the methods of calculating present and future value and
- Know the use of present value technique in financial decisions.
#what are the limitations or disadvantages of accounting concept?
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SETTLEMENT OF LIABILITIES Wide powers of compromise are granted to trustees by the Trustee Act. Two or more trustees or a sole trustee, where authorised, may: 1. Pay or allow
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