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Question:
(a) Show how the Medium Term Expenditure Framework is superior to the traditional one-year presentation of the public sector budget.
(b) What are the pre-requisites for the successful implementation of the Medium Term Expenditure Framework.
(c) Give three arguments in favour of incremental budgeting in the public sector.
Peter Drucker gave five rules for acquisitions to be more successful. Contribution e.g. the acquirer can add value to the target organisation other than just providing mone
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Profit maximisation criterion Profit maximisation criterion is unsuitable and inappropriate as an operational objective of financing, investment and dividend decisions of a fi
What are compensating balances and why do banks require them from some customers? Under what circumstances would banks be most likely to impose compensating balances? Compensati
paid-up equty 100000 earning of the company 10000 praice - earning ratio(PIE) 20 no.of equty share
Q. Objectives of working capital management? The objectives of working capital management are habitually stated to be profitability and liquidity. These objectives are habitual
Talbot Enterprises recently reported an EBITDA of $8 million and net income of $2.4 million. It had $2.0 million of interest expense, and its corporate tax rate was 40%. What was i
conflicts between shareholders and government in agency relationship
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Q. Methods of easing cash shortages? There are several techniques which can potentially offset the effects of cash shortages. In the long-term nevertheless the adequacy of cash
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