Purchasing procedure for office stationery Generally, the office manager has to purchase the stationery and supplies. There may be centralized purchasing system or decentralized purchasing system. Even though,
Vouching of Cash Transaction In a business concern, cash book is maintained to account for receipts and payments of cash. It is an important financial book for a
Distribution functions of new issue market. The distribution functions of new issue market are detailed under the following headings. Prospectus. Offer for sale. Private placement. Bonus Share. Book
Consumer Involvement and buying behavior Like motivation, involvement too is an internal state of mind which a consumer experiences. It makes one analyze and rationalize his/her choice. Involvement
Audit of Shares issued for Consideration other than Cash Shares may be issued for consideration other than cash under the following circumstances: 1. Issue of Shares to Vendors:
Audit of Shares Issued for Cash The audit procedure in case of audit of shares issued for cash can be studied in three stages, as below: 1. Application
Data necessary to take capital expenditure decisions The following data are to be collected in order to take the decision of capital expenditure. 1. Initial Investment: It is
Process of Capital Budgeting Capital budgeting is a complex process as it involves decisions relating to the investment of current funds for the benefits to be available in
Kinds of Capital Expenditure Proposals The following.are the kinds of capital expenditure proposals. 1. Independent Proposal: Independent proposal means that there is no alternative proposal to choose the