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Question 1:
The various criteria for evaluating a revenue measure or system are:
Required:
(a) Give a full explanation of each criteria.
(b) What is your favourite revenue measure? Why?
Question 2:
‘The budgeting process in low income countries tends to reflect historical trends rather than current priorities. The Medium Term Expenditure Framework (MTEF) is intended to overcome this.'
(a) Describe how the ‘Medium Term Expenditure Framework' is different to the current system of expenditure management in Mauritius.
(b) Show the factors that may make the implementation of MTEF difficult?
(c) Outline five benefits of MTEF that have been claimed.
Explain about the retail and wholesale banks in the commercial banking. Retail and wholesale banks: Commercial banking can also be separated within retail and wholesale b
using the operating cycle and any other financial management knoweledge,dicuss the applicability of such a cycle to the poultry biussiness in uganda (consider broilers)
a) Year 2 ROCE = $400k / $1,000k = 40% Year 1 ROCE = $360k / $800k = 45% b) ROCE is an efficiency ratio that measures the monetary performance of a firm compared with the amo
1. Discuss and describe in your own words the five Cs of credit analysis. 2. Why is it difficult for an entrepreneur to finance a startup with debt? What are the dangers of cre
What are the three major sections of the statement of cash flows? Cash flows from financing activities Cash flows from investing activities Cash flows from Operations
Flex budget
The issuer of the bond has to repay the bondholders the principal by the stated maturity date. This can be repaid by the issuer in one lumpsum payment at the matu
what are the assumptions of MM(Modigliani Miller) approach
Q. Example on compound value of the single flow? Mr. X invests Rs. 1000 at 10% is compounded yearly for three years. Compute value after three years. FV = PV (1+i) n FV
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