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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.
1) Future cost and historical cost: financial decision is based on the future cost and not on the historical cost. The decision related to the future and hence the cost are likely
IFRS 3 Business combinations necessitate goodwill on gaining to be calculated at the date control is gained. The second gaining gives ROB a 75% holding and consequently control o
Question : (a) A company wants to purchase a plant for its expanding operations. The desired plant is available at Rs 300,000 in cash. Alternatively, the company has the option
Q. Illustrate Earning Yield Method? Earning Yield Method: - As per this method, cost of equity capital is calculated by establishing a relationship between earning per share an
The mortgage-backed securities dealt with till now are agency mortgage backed securities. There are other MBS which can be for any kind of real estate property.
Fundamental ingredients of Management of working capital Management of working capital has two fundamental ingredients: (1) an overview of working capital management as a wh
Government intervention The government might look for intervene in the take-over bid because of fears that the market share of the combined group would constitute a monopoly wh
Partial Income Statement Year Ending 2011 Sales Revenue $350,000 COGS $140,000 Fixed Costs $ 43,000 SG&A E
IPO mode in uk
Active Portfolio Strategy: An active portfolio strategy is tracked by most aggressive investors and investment professionals who strive to make superior returns, after adjustm
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