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Q. Describe the Functions of Controller?
(1) Planning and budgeting: - It comprises capital expenditure planning, profit planning, budgeting, inventory control, sales forecasting etc.
(2) Financial Accounting: - He establishes a appropriate system of accounting controls it and prepares financial statements such as profit and Loss Account and Balance Sheet etc.
(3) Cost Accounting: - He set up a cost accounting system appropriate to the business and controls it.
(4) Data Processing: - It comprises the collection and analysis of business data.
(5) Internal Auditing: - He manages internal audit as well as internal control.
(6) Annual Reports: - He prepares annual reports as well as various other reports needed by the top management.
(7) Information to Government: - He organizes annual reports to be submitted to the Government under various laws.
Explain about the term investment intermediaries. Investment intermediaries: Investment intermediaries contain finance companies, mutual funds and investment banks and se
Floating Rate Notes (FRNs): When interest rates are high and the general outlook is either stable or indicating the possibility of a downward trend in return, then an investor
Briefly discuss some variants of the basic interest rate and currency swaps. Answer: In place of the basic fixed-for-floating interest rate swap, there are as well zero-coupo
Sole Proprietorship This business form is the legal default form for any person who makes no effort to organize the business otherwise but does business in the United States. T
In order to provide for R10 million to build a new warehouse in 5 years time, a company plans to make equal payments at the end of each six months into a fund which earns 9% per ye
Q. Process of financing working capital? Working capital policies on the process of financing working capital can be characterised as moderate, conservative and aggressive. A c
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The personnel department of a firm is entrusted with the responsibility of recruitment, training and placement of the staff for the firm. The department is also required to critica
1. Each student has been allocated one Australian company. This information is available in the unit website. You should check that a company is assigned to you. 2. It is your r
I need a report on the topic Inventory Turnover Ratio. Can you please assist me for Inventory Turnover Ratio report for about 2500 words?
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