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What is logistics? Explain the important activities in logistics systems.
Logistics - meaning . Working of logistics systems - three important activities - Order processing, Inventory management, Freight transportation - each point carries
TYPES OF FINANCE FUNCTIONS/ DECISIONS The most main decisions in finance relate to procuring funds, investing them in profitable projects or assets, operate for the year and a
What is working capital? Working capital contains the current assets of the firm.
Explain Gresham’s Law. Answer: Gresham’s law considers to the phenomenon that bad (abundant) money drives good (scarce) money out of circulation. This type of phenomenon was fre
Let us consider a situation wherein a position in an interest rate dependent asset such as a bond portfolio or a money market security is hedged by using an interest ra
The first step in valuation process is to estimate the cash flows that are expected to be received in the future. In debt securities, there are two types of possi
Flowcharts - Documenting the accounting system Depict in outline the sequence of events in a system showing document flow and department or function responsible for every ev
what are the basic assumptions of financial management?
Mr. Moore will be 35 years at the end of the month and he wishes to retire in 25 years. He plans to invest in a mutual fund earning 7.5 percent annual return compounded monthly an
Briefly outline the necessities of the UK version of ISA 700/ 750/ 706 and discuss the factors which would manipulate you as the external auditor in forming an opinion on the finan
What is accumulated depreciation? Depreciation is the provision of an asset's initial cost over time. Accumulated depreciation is the sum of all the depreciation expense that
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