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What are the tasks of a financial system?
Three Tasks of a Financial System are as follows:
1. Decreasing transaction costs
2. Decreasing financial risk
3. Giving liquid assets
4. Liquid assets can be rapidly converted within cash, whereas illiquid assets cannot.
Question 1 a) What are the main characteristics of an Efficient Tax system? b) What are the instruments of Public Finance and explain their efficiency. c) Explain what
Collection Policy The firm's collection policy may affect also our study. The higher the cost of collecting accounts obtainable the lower the bad debt losses. Therefore the
The organization performed very well during the last year and generated profit in each segment. In the food and beverage segment, the company has made 30% net profit and in rooms a
the objectives ?
how to make a perdiem claim format to maintain the records of staff
Question: (a) (i) Define the term multicollinearity. (ii) Explain why it is important to guard against multicollinearity. (b) (i) Sometimes we encounter missing value
What is cash deficit?And what is cash surplus?Describe each of them in detail.
Example of Payback Period Method Suppose a project costs Sh.80,000 and will produce the following cash inflows as: Cash inflows Accumu
what is the nature and function of money?
What is Bond Rate It is interest rate received on the face value or the par value of the bond. If a company or government issues a 10-year bond with 100$ as face value and 1
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