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IMPORTANT FACTORS FOR SUCCESSFUL BUDGETARY CONTROL
1. Clearly defined organization structure.
2. Top management support.
3. Reporting of deviations
4. Efficient accounting system.
5. Realistic targets.
6. Motivation.
7. Flexibility.
8. Participation of all departments concerned.
Financial analysis The purpose of financial statements is to provide information to all the users of these accounts to assist them in their decision-making. It has to be concer
Scenario: You are still a consultant for the Excellent Consulting Group. You have completed the first assignment, developing and testing a forecasting method based on linear regres
Flex budget
how control the steps
Assume that the current spot exchange rate is FF6.25/$ and the 3 month forward exchange rate is FF6.28/$. The 3 month interest rate is 5.6% per year in the U.S. and 8.8% per year i
Question 1 State the key functions of the financial market. Question 2 Define "Bill of exchange". What are its features? Give different types of cheques. Question 3
1. Each student has been allocated one Australian company. This information is available in the unit website. You should check that a company is assigned to you. 2. It is your r
The Mountain Fresh Company had earnings per share (EPS) of $6.32 in 2006 and $11.48 in 2011. The company pays out 30 percent of its earnings as dividends per share (DPS), and the
Explain the random walk model for exchange rate forecasting. Can it be consistent along with the technical analysis? Answer: The random walk model assumes that the current excha
which type of financing is appropriate to each firm
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