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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.
Which parameter better calculates value creation; the EVA (Economic Value Added), the economic profit or the CVA (Cash Value Added)? The EVA (Economic Value Added) is the profi
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What is the meaning of Breakeven point?
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Q. Explain Accept-Reject Criteria? Accept-Reject Criteria:- If actual ARR is elevated than the predetermined rate of return .......................Project would be accep
You are still a consultant for the Excellent Consulting Group. You have completed the first assignment, developing and testing a forecasting method based on linear regression (Case
You are considering the purchase of some shares of PECO Inc. common stock which paid a dividend of $1.50 today. You expect the dividend to grow at the rate of 7% per year for the n
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