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Q. What do you signify by Receivables Management?
Ans. Receivable Management: - The term receivables refer to debt outstanding to the firm by the customers resulting from sale of goods or services in the ordinary course of business. These are the funds blocked because of credit sales. Receivables are as well called as accounts receivables, trade receivables, book debts, sundry debtors and bills receivables etc. Management of receivables is as well known as management of trade credit.
The Managing Director of your firm is thinking aloud about an appropriate gearing level for the company: "The consultants I spoke to yesterday explained that some academic th
Q. Can you explain about Finance function? Finance function is the most important function of the all business function. It remains a focus of the all activity. It is not possi
What is meant by deadweight loss? Why does a price ceiling usually result in a deadweight loss? Deadweight loss considers to the benefits lost to either consumers or producers
The capability of an asset to be converted into cash as quickly as possible without any discount to its value.
Jane has agreed to sell her Porshe 911 Cabriolet worth RM1.3 million to Lim for the price of RM 500,000. The decision was made rather hastily as Jane need money to pay her creditor
Q. Final stage of career? The final stage in one's career is difficult for everyone but is it hardest for those who have had continued successes in the earlier stages. After se
Trial Balances: If the trial balance does not result in a "0", the various records will need to be reviewed to pinpoint the spot where the unbalance occurred and any necessary
x
Analytical way of viewing financial problems of a firm The new approach is an analytical way of viewing financial problems of a firm. The main contents of this tactic are what
What is the fastest way to be rich?
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