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Q. Define the Constructive Receipt?
Constructive Receipt - A taxpayer is considered to have received income even though monies are not in hand, it may have been set aside or otherwise made available. An illustration is interest on a bank account.
What is the difference between business risk and financial risk? Business risk refers to the improbability a company has with regard to its operating income also known as earni
An accounting technique that identifies the activities that a firm does, and then allocates indirect costs to products. An activity based costing (ABC) system finds the relationshi
The Central Bank is an authority responsible for monetary policy of its country. It regulates money supply and credit, issues currency, and manages exchange rate.
Question 1: i) Is there a stable and inverse link between unemployment and inflation? ii) The government announces that expansionary policies will be enacted in a view
A Swiss Variable Rate Mortgage (SVRM) is a version of ARM which carries a coupon rate that a bank can change any time giving a notice of three m
Benjamin Tang currently has holdings in the following three companies: E(R) σ
Macro-Economic Analysis Measuring the Level of Economic Activity Gross National Product (GNP) and the Gross Domestic Product (GDP) are the two most widely used aggregates
Tactics can be used by company to protect itself. Before the bid Types of Shareholder Having the right shareholders on board who can be
You have an investment capital of $1,000,000. You plan to invest a portion of this money in Treasury bonds and the remainder in a stock portfolio. Treasury bonds are expected to
One of the well-known soccer clubs in Australia, Sydney, has made a decision to include its players on the club's statement of financial position as assets. These players are signe
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