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QUESTION
(a) Describe briefly three methods of electronic payment.
(b) (i) Explain briefly the term E-Billing.
(ii) Outline three advantages of E-Billing.
(c) Why is credit card not suitable for micro-payments?
(d) (i) Explain the purpose of the Mauritius Automated Clearing and Settlement System (MACSS).
(ii) Outline three advantages of the MACSS.
(ii) What is the purpose of S.W.I.F.T during fund transfers?
There are dissimilar views on how an organisation can gain competitive advantage, but contemporary research is placing greater emphasis on the resource-based view. Expl
Question: You have just been appointed the secretary of the ALM Committee (ALCO) of ABN Bank. The ALCO members have some queries relating to the liquidity risk faced by the ban
What action(s) should be take place if analysis of pro forma financial statements reveals positive trends? Negative trends? While analyzing the pro forma statements, managers fre
Q. What do you mean by Sarbanes-Oxley? Sarbanes-Oxley (SOX) - Sarbanes-Oxley Act was signed into law on 30 July 2002 by President Bush. Act is designed to oversee the financial
What is the operating leverage effect and what causes it? What are the potential benefits and negative consequences of high operating leverage? The operating leverage effect i
Explain how using a risk-adjusted discount rate improves capital budgeting decision making compared to using a single discount rate for all projects? The risk-adjusted discount
Types of asset-backed securities 1. Auto Loan-Backed Securities (ALBs) 2. Credit Card Receivab
What do financial managers look for when they analyze pro forma financial statements? After the pro forma financial statements are finished, financial managers examine the
An investor receives periodic interest payments at specified intervals till the date of holding or maturity. However, the holder of zero coupon
The Pennington Corporation issued a new series of bonds on January 1, 1979. The bonds were sold at par ($1,000), have a 12 percent coupon, and mature in 30 years, on December 31,
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