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The process of review and audit of internal control systems The board of directors are responsible for review and maintenance of internal controls. Management of the company
Bond Price is the purchase value of a bond. It can be priced either at a premium, discount or at par. It is important for the prospective buyer to know how to det
Explain and derive the international Fisher effect. Answer: The international Fisher effect can be acquired by combining the Fisher effect and the relative version of purchasi
TYPES OF WORKING CAPITAL Working capital can be split up into two categories on the basis of time. They are Permanent Working Capital and Temporary or Variable Working capital
Investing Surplus Cash : Cash not required for temporary periods of short durations can be invested in near-cash assets, i.e. marketable securities which are readily convertible in
AB Corp expensed on the financial stmt $2,000,000 for depreciation expense during the year using straight line depreciation and deducted $3,000,000 of depreciation on the tax retur
what is the relevance of virements to public sector accounting
what are the features of a comprehensive interest rate risk management programme
Define the meaning of rate of return on investment An investment project which provides positive NPV when its cash flows are discounted by cost of capital makes a net contribut
Revenue bonds are the securities issued for financing an entity for general public-purpose. The securities issued for entity financing are backed up with the
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