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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.
Meaning of Returns The return from holding an investment over some period - say, a year, is simply any cash payments received due to ownership, plus the change in market price,
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
What is the monthly interest rate if the lease payments are $24,000 per month for 24 months. The total value is $420,000
To begin this topic, the case of China Sky describes the appointment of a special auditor in the organization that is also a rule in the procedures of Singapore Exchange (SGX). Th
The following are considered the major stumbling blocks: The process becomes expensive because of the stamp duty payable. It also
Q. Estimation of Working Capital? A firm must estimate in advance as to how much net working capital will be required for the smooth operations of the business. Only then, it c
Performance budget: it involves evaluation of the performance of the organization in the context of both overall and specific objectives of the organization. As per the National I
#question how to collect real irr %..
Cash flows from financing activities: Items included in this heading are: Cash receipts Cash payments Cash receipts from iss
The Nu-Nu Brothers Inc. (NNBI) has the following capital structure, which it considers to be optional: Debt 25% Preferred Stock 15% Common Equity 60% NNBI''''s expected net income
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