What is Budgetary control? Budgetary control is the process by which budgets are prepared for the future period and are compared with the actual performance for finding out
What is the purpose of financial statement analysis? The Financial Statement Analysis and interpretation are basic to the decision-making process for creditors, stockholders, managers, and other groups. The
Cash book in accounting Cash book is considered very important in accounting since it is the ultimate asset of an organization, be it a company, government agency, charity
Akin to promissory notes, debentures are instruments for raising long term debt capital. Debentures holders are the creditors of the company. The obligation of the company towards its
The cost of debt capital (as well as preference capital) can be calculated fairly easily. This is because it entails a well-defined burden in terms of interest payment
Introduction A management has taken number of decisions with regard to short term investment and long term investment. Whatever be and form of investment, the profitability of the