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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.
The Selling Process The four key elements that constitute the selling process are: (i) identification of prospective buyers, (ii) selection of the type of selling process to be
FEATURES OF A BUDGET a. It is prepared for a specific period. b. It is expressed in quantity or money or both. c. It is a statement describing ob
Assume you manage a $4.42 million fund that having of four stocks with the following investments: Stock Investment Beta A
The Nu-Nu Brothers Inc. (NNBI) has the following capital structure, which it considers to be optional: Debt 25% Preferred Stock 15% Common Equity 60% NNBI''s expected net income t
Questions How is a bond like a loan? How does an investor receive a return from buying a bond? Does a bond's yield to ma
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