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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.
What does it mean when the U.S. dollar weakens in the foreign exchange market? While the U.S. dollar weakens in the foreign exchange market one U.S. dollar buys smaller amount un
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One of the well-known soccer clubs in Australia, Sydney, has made a decision to include its players on the club's statement of financial position as assets. These players are signe
Determine the term- Time Value of Money If an individual behaves rationally, then he wouldn't equate money in hand today with same value a year from now. As a matter of fact, h
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Q. Explain about Temporary or Variable Working Capital ? Temporary or else Variable Working Capital - Any amount over and above the permanent level of working capital is called
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