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Determine about the risk management systems
Management must report to board their review and implementation of internal controls and risk management systems. The board must review the performance of management in dealing with risk management systems and internal controls. They generally have assistance in this area from internal audit. Internal auditis an appraisal or monitoring activity established by board for the review of accounting and internal control systems as a service to the entity. It functions by, amongst other things, evaluating, examining and reporting to the board on adequacy and effectiveness of components of accounting and internal control systems created by management.
Revenues Revenues are the gross income received before any deductions for discounts, expenses, returns, and so on. It is also called sales in most organization. A much less c
Q. What is Qualities of Pay Back Method? Qualities of Pay Back Method:- (i) Simple: - The most important merit of this method is that it is simple to understand and easy to
Question: Part A The financial system is complex in structure and function throughout the world. There are many different types of institutions: banks, insurance compani
how to write a vegetation operating cycle
Explain about the market-based and bank-based systems. A clear distinction between market-based in USA and UK and bank-based systems as in Germany, Japan and France define by s
How can we measure Total return- Measuring the Rate of Return Total return can be defined as: Total returns = (Cash payment received + Price change over the period) / Purcha
Q. Disadvantage or redundancy of excessive working capital? Excessive working capital means idle funds which earns no profit for the business operation it should have nighters
The credit term from the supplier is 2/30, net 60. Question: Calculate the effective annual rate if the firm does not take the discount.
Value Index Numbers The value index number as described earlier is a combination index which combines price and quantity changes. Because of the difficulties experienced in pri
Weighted Average Cost of Capital Weighted average cost of capital is the average cost of the costs of several sources of financing. Weighted average cost of capital is also kn
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