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Short-term funds having a maturity of 15 days and over are categorized as term money. Banks access this term money route to bring greater stability in their short-term deficits. While making a forecast of the fund requirements, banks will be in a position to assess the likely surplus and deficit balances that are to occur during the forecasted period. In view of such forecast, banks assess the amount that needs to be borrowed/lent in order to prevent any severe liquidity mismatch.
Define the meaning of procurement Term procurement was used in a broad sense so as to include the whole gamut of raising funds externally.
Accounting Framework The rules and conventions of accounting are generally referred to as the conceptual framework of accounting. As already elaborates in the previous sectio
Explain the significance of the term additional funds needed. While the pro forma balance sheet is completed, total assets and total liabilities and equity will hardly match.
In how many area ratios are grouped Ratios can be grouped into 3 main areas: 1 Performance - how well business has done (profitability) 2 Position - short term standing
What are the pros and cons of commercial paper relative to bank loans for a company seeking short-term financing? Commercial paper is generally a cheaper source of short-term f
When J was promoted to be the new Sales and Marketing Manager for Company L, after working there in different capacities over the last ten years, it was a popular choice between he
How are financial trades made in an over-the-counter market? Discuss the role of a dealer in the OTC market. In difference to the organized exchanges, which have physical locat
Define Modern Approach of financial management Modern approach views the term financial management in a broad sense and provides a conceptual and analytical framework for fina
discuss the applicability of operating cycle in poultry industry
Cash Books (Cash Payments and Receipts Journals) Cash books are the names given to the Cash Receipts Journal and the Cash Payments Journal. They are used to record the flow of
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