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Routine functions
For the efficient execution of the managerial finance functions, routine functions have to be executed. Such decisions concern procedures and systems and include a lot of paper work and time. In most situations these decisions are delegated to junior staff in the organization. Some of the significant routine functions are as follows:
The finance manager will be included with the managerial functions whereas the routine functions will be carried out by junior staff in the firm. He should though, supervise the activities of such junior staff.
Generally Accepted Accpunting Principle or GAAP The American Institute of Certified Public Accountant (AICPA) elaborates financial accounting theory and commonly accepted acco
Q. What is Unsystematic Risks? Unsystematic Risks stems from a managerial inefficiency, technological change in the production process, availability of raw material, changes in
I need to get a good understandin about what this means?
An introduction to the principles of banking and finance It covers a broad variety of topics using an economic perspective and aims to give a general background to any student
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Workers interest in participation is also influenced by certain personnel or group characteristics. For example several research studies have shown that both very low and very high
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We can compute any forward rate using the spot rate. When we tell 3 years forward rate 4 years from now, there are two elements to consider. One is the length of
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