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Question 1 What are the limitations of management accounting?
Question 2 Explain the significance of financial analysis
Question 3 What are the advantages of the value added statement?
Question 4 List the five requisites of a good report
Question 5 From the following details compute the value of human resources of an employee group with an average age of 58 years
i. Annual Average Earning of an employee till the retirement age Rs.20,000
ii. Age of retirement 60 years
iii. Cost of capital 10%
iv. No. of employees in the group 10
Explain the significance of the term additional funds needed . When the pro forma balance sheet is finished, total liabilities and total assets and equity will rarely match.
Explain the term- Authorised and Paid-up Share Capital Number of shares of stock provided for in Articles of Association of a company is the authorized share capital. This figu
Preparing the Divestiture No two divestitures are exactly alike and one of the foremost tasks of the project team is to determine precisely what is to be sold. While some dives
State about the Detection risk This is the risk that auditors 'substantive procedures don't detect a material misstatement in an account balance or class of transactions. It is
A company commissioned a valuation of its land and buildings for inclusion in its financial statements. The valuation document contained the following details:
Can a corporation have too much working capital? Explain. A firm can have in excess of working capital if it is losing the opportunity to invest in high returning fixed assets
a) An approx. 3% defect rate (i.e. 0.03 x 300m units) = 9m units per year. b) A apparent definition of Quality Assurance should be awarded, e.g. the management process of guaran
Securitization -Source of financing whereby an entity's ASSETS (characteristically mortgage loans, lease obligations or other kinds of RECEIVABLES) are placed in a special purpose
Describe the duties of the financial manager in a business firm? Financial managers evaluate the firm's performance, determine what are the financial consequence will be if the
It is a policy feature of permanent life insurance that permits policyholders to left any dividends obtained with the insurer, where the dividends can gain interest. Accumulation o
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