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DEFINITION OF BUDGETARY CONTROL
As per the ICMA, BUDGETARY CONTROL is the establishment of budgets, relating the tasks of executives to the requirements of a policy, and the constant comparison of actual with budgeted results either to secure by individual action, the objectives of that policy or to provide a basis for its revision.
BUDGETARY CONTROL is the system of accounting and management control in which all operations are predicted as far as possible and are planned ahead and actual results are matched with planned & forecasted ones - J.A.SCOTT.
Q. Observation of capital structure? Droxfol Co has long-term funding provided by ordinary shares preference shares and loan notes. The rate of return necessary by each source
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Savings and loan associations Historically savings along with loan associations (S&Ls) and thrift institutions have concentrated mostly on residential mortgages by acquiring fu
Hi I have been working in this for 2 weeks now and I just can''t seem to figure it out. ok lets say Bill is 40 yrs old. His made 72,000 last year had 60,000. in annual expenses,
On 1 July 2006, Goela Ltd was registered and offered 1 000 000 ordinary shares to the public at an issue price of $1.70, payable as follows: 50c on application (due 31 August)
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evaluate the importance of leverage in a small scale company
Yield to put is the rate at which the present value of cash flow to the first put date is equal to the price plus interest rate. It is used for
For capital budgeting decision which cost is relevant For capital budgeting decision, composite cost of capital is comparatively more relevant albeit the firm may finance one p
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