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- A discussion about the comparison of top-down and bottom-up approach to the budget process and analyse which one is more suitable for your chosen company Hint: Accounting & Finance"The elements of the master budget include;• Sales budget• Production budget• Direct materials budget• Direct labor budget• Manufacturing overhead budget• Selling & adminis..
- A Distinguish between the roles of the FRC and the AASB Hint: Accounts and Finance Both the Financial Reporting Council (FRC) and the Australian Accounting Standards Board (AASB) are used in standard settings in accounting. AASB is used to issue accounting ..
- A European put option on this asset matures after 1 year Hint: Accounts and Finance Yield to maturity refers to the total return anticipated on a bond if the bond is held until it matures. When the price of the bond decreases then the yield to maturity incre..
- A fair rate of return on investment is 15% p.a Hint: Accounts & Finance"Since, Kabir and Farid shared the profits and losses in the ratio of 7:3, which is 7x and 3x.The new share = (7x - (1/5)*7x) = (28/5)x.Similarly, Farid surrenders 1/10th (or 1/1..
- A fall in the value of the dollar against other currencies Hint: Accounts & Finance The aggregate demand curve refers to a graph that represents the total quantity of all goods and services that are demanded by the economy at different price levels. ..
- A FarmFresh distribution centre has production capacity of 50,000 crates Hint: Accounts & FinanceTotal sales revenue is also called as the gross sales. It is the combined value of goods and services which a business delivers to its customers during a specific reporting perio..
- A firm of forensic accountants in the UK adopted with significant Hint: Accounts and Finance Politically exposed person (PEP) refers to the one who has been trusted with a top communal function. A PEP mostly grants a higher risk for possible involvement in enti..
- A firm that produces steel is polluting the air Hint: Accounts & FinanceTaxation is when a government or the other authority wants that a fee needs to be paid by the citizens and the corporations, to that authority. This fee is involuntary which not ..
- A firm’s dividend payments less any net new equity raised is referred to as the firm Hint: Accounts & FinanceWorking capital represents the amount of liquidity that is available in a business and is required in the operation and the transactions of the business day in and day out. This ..
- A foreign exchange trader obtains the following information for the Australian dollar Hint: Accounts & FinanceCovered interest rate parity: Covered interest rate parity is a no-arbitrage condition which could be used in the foreign exchange markets for the determination of the forward fo..
- A formula begins with an equals sign (=) and can consist of any of the following Hint: Accounts & Finance"1. Fill in appropriate numbers or formulas in the shaded cells. Formulas can consist of operators, cell references, values, text, and worksheet functions.2. To enter a formula m..
- A friend of yours owns a kitchen manufacturing business in Limerick City Hint: Accounts & FinanceA manufacturing business is any business that uses components, parts or raw materials to make a finished good. These finished goods can be sold directly to consumers or to other ..
- A furniture company has two plants that produce the lumber used in manufacturing Hint: Accounts & FinanceOperating schedule: This is the statement of the steps the applicant proposes to take to promote the objectives of the licensing. One needs to satisfy the responsible authorities..
- A global manufacturing company has over 100 subsidiaries worldwide reporting Hint: Accounts & Finance What Are Financial Statements? Financial statements are put down accounts that convey the business exercises and the monetary exhibition of an organization. Fiscal summarie..
- A good research topic is a specific accounting issue or problem that can have multiple Hint: Accounts & FinanceFIFO i.e First In, First Out (FIFO): It is an accounting method where the assets purchased or acquired first are first disposed. It also assumes that the remaining inventory basi..
