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What is involved in the preparation of financial reports and how they are dealt with in preparing the financial reports. Define any accounting terms that are used.
Financial statements, though often feared as a very intimidating portion of small business accounting, are just a matter of putting the trial balance amounts onto properly formatted statements. The financial...
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. 2.1 Discuss the stages of a financial crisis in an emerging economy. (18) 2.2 Explain how a financial crisis may be prevented in the emerging economies
2.1Stages of a financial crisis : -The meltdown of the subprime mortgage market- this is caused by the sharp increase in high-risk mortgages which end up into default.-Spillovers into broader credit...
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How are FinTech start-ups and Big Tech firms competing and cooperating with incumbents from big finance? How has Big Finance reacted?
Fintech regulations are more flexible than traditional restrictions, making the industry riskier. However, people continue to use it because it provides a more efficient, cost-effective, inventive, and user-friendly experience. Additionally,...
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What is the relationship between financial decision-making and risk and return? Would all financial managers view risk-return trade-offs similarly? (600 words)
What drives most people to invest?The desire to increase your capital, to provide yourself with a certain passive income that covers your needs, or to achieve goals that require funding.At...
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Rent expense paid in advance by an entity at the end of the entity's financial year is recorded in the financial statement as
Lease expenses paid by an enterprise in advance at the end of the financial year are recognized in the financial statement as an expense, taking into account the way in...
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Finance decisions that are facing any financial manager or management of business organization
Financial management involves exposure through a certain mechanism, consisting of four main aspects: Regulation of the company's activities in the legal area controlled by the state.Regulation of the company's activities through...
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Indicate why differentiation is made between financial assets and non financial assets?
A non-financial asset has a physical value (for example, real estate, equipment, machinery or vehicle). In contrast, financial asset has a value, wich is based on a contractual claim (for...
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1.Explain why non-financial information is likely to give more reliable indication of the likely future prosperity of the company than the financial information
Solution:Non-financial information is a form of transparency reporting where organizations formally disclose certain information not associated with their finances, including information on human rights. Examples include environmental impact, supplier relationship,...
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With reference to financial management, write a short essay(600 words) on the concept of sources of finance. NB:references must be included.
A source or sources of finance refers to the money that a company uses to fund its operations. A company can get money from both internal and external sources.Money that...
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management has many views and tasks that also applies in the classroom. Mention and discuss four fundamental management tasks that are are core for classroom management.
The four fundamental management tasks applicable for class management include:PlanningOne main role of a teacher is to create a plan to meet a school's teaching goals and objectives. This involves...
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