especially in view of fast paced movement of the world forward Liberalization‚ Privatization and Globalization. Limits for FDI FDI in the banking sector has been liberalized by raising FDI limit in private sector banks to 74 per cent under automatic root including investment by foreign investment in India. The aggregate foreign investment in a private bank from all sources will be 74 per cent of paid-up capital of the bank. FDI and Portfolio investment in nationalized banks are subject to overall
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Accounting and Finance Management Assignment 2 Semester: 3 Prepared by: Osoba Seun Student Number: Sc-Kl-00021763 Email Address: josher4real@yahoo.com Date submitted: 17/01/2014 Question 1 Sales Budget September ($) October ($) Budgeted sales (units) 9‚500 Selling price per unit $12 Total sales 90‚000 114‚000 Schedule of expected cash collections: October ($) Account
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The basic accounting concepts have defined the conception of the preparation of financial statements and the process of preparation in the UK is well regulated. But financial accounting requires a fair amount of flexibility in some certain areas‚ so the need of judgements and estimations for accounts preparers is demand. Meanwhile it leaves a significant approach in accounting treatments. For example‚ when organizations decide which of several inventory valuation methods to utilize; managers make
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Answers Categories Hall of Fame Hi Guest Q.What is difference between public sector bank and private sector bank? Asked by pallavi mahajan‚ 19 Nov ’08 07:27 pm Invite a friend | Save | Report abuse Earn 10 points for answering [ x ]Answer this question Earn 10 points for answering 4000 characters remaining Keep me signed in New User? Sign up Answers (6) 1. The Public sector banks are those where govt holdings are more than 50% while nationalised
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ACCT 203: Section 1 Essay Instructions The Issue: You are a partner in Acme Accounting PSC and as such are considering how to respond to a letter written to you by “Bob” a new client. In his letter‚ he stated that he heard that there are two ways he can identify cost in the normal course of his construction business operations. He would like two know what they are‚ the major differences between them and which one best fits his business in terms of performance analysis. Your partners have asked
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COURSE ACCOUNTING IA CODE CAC 1107 AIM The purpose of the course is to provide an understanding of the basic concepts and techniques of accounting and their application to business management. The course covers the accounting cycle and assumes no prior knowledge of accounting. The course is intended for those who will use accounting information as managers rather than those who will prepare it as accountants. In appreciation of the question of the semantic value of accounting information
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risks of outsourcing IT within the public sector? K M Dunwoody ABSTRACT Outsourcing IT is a business strategy of increasing popularity within the private and public sectors. This essay focuses on the public sector. There are a number of recognised benefits that can be achieved through outsourcing IT‚ however‚ as with all business strategies it has inherit risks. It is a selection of these risks that is discussed with particular focus on the public sector’s capability to manage them
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conflicting targets and a trade-off needs to be made between the two. Required: Write an essay that draws on the above arguments in relation to the concepts of materiality‚ prudence and neutrality‚ and relevance and reliability In this assignment‚ I shall discuss 3 main parts and they are: Materiality and the difficulty in defining this concept The concept of prudence and its conflict with neutrality The conflict between relevance and reliability. Most of the times‚
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Economics I - Project | Estimation of Production function of Public Sector Banks | | | Contents 1. INRODUCTION 3 2. Methodology 4 2.1 General Approach: 4 2.2 Data Collection: 4 2.3 Data Processing: 5 2.3.1 Nature of Banks: 5 2.3.2 Nature of Variables: 5 2.3.3 Assumptions in the treatment of Variables: 5 2.4 Data Analysis: 5 2.4.1 Objective of the Analysis 5 2.4.2 Production Function Relationship: 5 2.5 Limitation 8 3. Data analysis and Results 9 4. Conclusion
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The advantage of working in private sector in term of salaries Higher payment salaries (1) Employment opportunities . There are a lot of freshly graduates that are being produce every year. With all the unemployed people plus with the freshly graduates ‚ the competition of acquired the getting harder . (2) Overtime . working in private sector‚ there are a lot of overtime compare to government sector. This private company such as an example will offer their worker overtime to increase their production
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