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ON THE BASIS OF TIME
• Long term budget: as per the National Association of Accountants, America, a long term budget is a systematic and formalized process for purposeful controlling and directing future operations in the direction of a desired objective for periods extending beyond one year.
• Short term budget: It covers a budget period of less then one year or one year.
• Current budget: This budget covers a very short period like a month or a quarter. They are basically short term budgets adjusted to prevailing circumstances or current conditions.
Can a business have a positive accounting profit and a negative economic profit? Please explain.
Explain what is meant by a positive coefficient discretization in the context of valuing options using numerical PDE methods. What is the main benefit of using a positive coefficie
where you deposit 1000dollars at the end of each year for 4 years, what will be the amount of deposits at the end of each year if it is compounded at 12% semi-annually?
Perform appropriate ratio analyses on the balance sheet and income statements of your company using techniques discussed in chapter 2 of your textbook. Compare your company to a c
Q. Describe about Comfort Letter? Comfort Letter - Letter provided by a company's independent public accountant to an underwriter when underwriter has a DUE DILIGENCE responsib
Q. The main rationale for the objective of wealth maximization is that it shows the most efficient use of the society's economic resources and therefore leads to a maximization of
Effect on Stock Valuation Until the 1960s, common stocks were viewed as a good instrument against loss caused by inflation. Also, before 1960, stocks were not providing full he
what is future value
Q. What do you mean by Accrued Expenses? Accrued expenses are the expenses which have been incurred but not yet due and hence not yet paid also. These simply represent a liabil
Define the market segmentation of the term structure of interest rates. Market segmentation: And also the investors’ expectations regarding future interest rates and thei
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