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State the objectives of Corporate financial
Corporate financial objectives could be to:
1. Provide the link between business and the other entities in environmentand
2. Investment and financial decision making
Explain the significant feature of the wealth maximisation The significant feature of the wealth maximisation criterion is that it considers is that it considers both the quali
A procedure that invented in the 1980s for evaluating the processes of a business to find strengths and weaknesses. Specially, activity-based management finds out areas where a bus
V ariable Costs It is an expense that varies directly with changes in business activities for example the cost of raw materials rise and decreases as the volume of producti
Q. Define Double-Entry Bookkeeping? Double-Entry Bookkeeping - Method of recording financial transactions in that every transaction is entered in two or more accounts and inclu
Explain the term StakeHolders The range of stakeholders may comprise directors/managers, lenders, shareholders, employees suppliers and customers. These groups are probable to
A company has total debt of $1,200 and a debt-equity ratio of 0.5. What will be the value of the total assets?
Alternative summarised version of tests of controls · Segregation of duty (staff records are separate from wages department) · Documentation ( written evidence ) ·
Matching or Accrual The accrual concept makes a distinction among the receipt of cash and the right to receive it, and the payment of cash and legal obligation to pay it.
The process of review and audit of internal control systems The board of directors are responsible for review and maintenance of internal controls. Management of the company
MBS are the most complicated securities that are sensitive to interest rates. The factors that affect the price of MBS are varied and most of th
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