Define Budget Manual
Give a short introduction of the term ‘Budget Manual’?
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Budget Manual is a document which standardized techniques and processes necessitated in relative to budgetary control. It as well sets out the liability of persons engaged in the procedure. A budget manual must consist of the following particulars which are illustrated below: - Responsibilities and Duties of the diverse executives - Organization plan - Duties of budget committee and budget office - Budget centre codes and Accounts codes - Budget figures
Explain some of the reasons why international foreign trade is difficult and risky from the perspective of exporter than is domestic trade.
Who are market participants within the foreign exchange market?
is there a link between financial accounting and programmed decision
Investment approach of Bill Miller: In comparison to both Warren Buffet and Peter Lynch, Miller is considered to be a slightly more aggressive investor. Miller believed in playing big which meant that he used
The Webster Company uses the aging method to estimate the allowance for doubtful accounts. The following schedule of accounts receivable was prepared as at December 31, 20x6: Age Balance % uncollectible 0-30 days $674,000 0.5% 31-60 days 186,000 1.2% <
Compare and discuss the hedging transaction exposure by using the forward contract vs. money market instruments. When the optional hedging approaches do creates the same result?
Explain how does time draft become a banker’s acceptance?
Give a short introduction of the term ‘cash budget’? And also write down the dissimilar techniques to make it?
Intangible assets: It is the asset that is not visible however we can feel them. The main examples of these assets are goodwill, patent and trade marks.
Exhibit 3.3 states that in year 1991, the U.S. had current account deficit and consecutively a capital account deficit. Explain about how this may occur?
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