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Management of Sundry Debtors:
SUNDRY - Miscellaneous infrequent or small customers that are not given individual ledger accounts but are classified as a group.
SUNDRY CREDITORS - defines to companies or individuals to which money is owed.
SUNDRY DEBTOR - is an entity from who amounts are due for services rendered or goods sold or in respect of contractual obligations. Also defined: debtor, account receivable and trade debtor.
Decentralization This is a company power structure in which authority and decision-making responsibility are diffused throughout various stages of an organization. Decentraliz
Define Floating Rate Notes Floating-rate notes (FRNs) are commonly medium-term bonds along with their coupon payments indexed to some reference rate. Common reference rates a
Question: (a) An efficient financial market is assumed to hold under the Capital Asset Pricing Model (CAPM). What is the main hypothesis of an efficient financial market? (
An Investor can receive income from this source when the bonds purchased at discount are held up to maturity or when he sells the bond before ma
Setting Budget Goals and Objectives: Having collected and analysed all relevant information, and made general forecasts as to the key areas of concern / opportunity and special
how do we compute for benefits can derrive out of using lockbox system?
why is agency problem important
Q. Problems in computations of cost of retaining earning? Problems in computations of cost of retaining earning: it is sometimes argued that retained earning do not involve any
Letter of Credit (LOC) A popular bank instrument begins that a bank has granted the holder an amount of credit equal to the face amount of the L/C. A bank guarantees payment of
Question: (a) Describe the main elements of Working capital management? (b) Belle Rive Ltd Belle Rive Ltd has an annual turnover of Rs 60 million of which 80% is on cr
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