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Working capital is a necessary requirement for any type of business activity. Banks in India nowadays constitute the main suppliers of working capital credit to any type of business activity. Recently, though, several term lending financial institutions have also declared schemes for working capital financing.
Bank Overdrafts
Short-term borrowing of the type made available principally through the clearing banks in the appearance of overdrafts is extremely flexible. While the borrowed funds are no longer needed they can quickly and easily be fast. This is also comparatively inexpensive. The banks will enforce limits on the amount they can lend.
Intra company transfer pricing A company engaged in production may have several segments division or departments doing production jobs or manufacturing party or fully finished
The Work in Process account for Monty's Company contained the following entries: Work in Process Account Debit of $40,000 for direct raw materials Debit of $60,000 for direct labor
select any manufacturing company of your choice that produces any product. describe and compare the marginal and absorption costing system used in the selected company
A few of the main focus areas of treasury operations are as follows: 1) Cash Flow-Receipts and Disbursements: Accelerating the collection of cash receipts and mobilization or
#questioExercise 3-12 Computing Predetermined Overhead Rates and Job Costs [LO1, LO2, LO3, LO7] Kody Corporation uses a job-order costing system with a plantwide overhead rate base
Explain Quality control and Total quality control Quality control (QC) circles can be viewed as a group oriented suggestion system for making improvements. QC circle is a sm
Characteristics of product life cycle The major characteristics of life-cycle concept are as follows: 1) The products have finite live and pass by the cycle of development i
bases of classifying budgets
distinguish between cost unit and cost centre
can you better explain to me the classification by traceability and the classification by function?
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