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Q. What is Unsanctioned Expenditure?
The expenditure, which is regularly incurred without the sanction of the competent authority or beyond the sanctioned limit of funds provided in the budget or the sanctioned estimates is known as unsanctioned expenditure. Such expenditure is kept by the Accounts office underobjection and noted in the objection book under the following heads -
a) Want of sanctioned estimates.
b) Excess over sanctioned estimates.
c) Want of sanctioned appropriation.
d) Excess over sanctioned appropriation.
e) Miscellaneous e.g. Provisional acceptance of allocation of estimates.
Q. Explain what is Comprehensive Income? Comprehensive Income - Change in EQUITY of a business enterprise during a period from transactions and other circumstances and events f
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CAPITALISATION RATE=0.01 EARNINGS PER SHARE(E)=10 ASSUME RATE OF RETURNS ON INVESTMENTS (R):15
Q. How to develop career strategy? in this step employees need to focus on developing the knowledge experience and skills necessary to market self to prospective organizations.
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