What are the main Methods of Credit Control? The most important function of the Central Bank is to control credit. The Central Bank uses various methods to control credit. This method can be classified into two broad categories. They are: Methods of Credit Controls Quantitative Methods 1. Bank rate policy 2. Open market operations 3. Variation of cash reserve ratio 4. ’Repo’ or Repurchase Transactions Qualitative Methods 1. Fixation of margin requirements 2. Rationing of credit 3. Regulation
Premium Monetary policy Central bank Interest rate
COST CLASSIFICATION CONCEPT OF COST: DEFINITION: A SACRIFICE OR GIVING UP OF RESOURCES FOR A PARTICULAR PURPOSE FREQUENTLY MEASURED BY THE MONETARY UNITS (RUPEES‚ DOLLARS) THAT MUST BE PAID FOR GOODS AND SERVICES . ➢ EMPHASIS ON COST INFORMATION: MANAGEMENT ACCOUNTANTS PAY A LOT OF ATTENTION TO COSTS BECAUSE COST HAVE A VITAL ROLE TO PLAY IN PLANNING ‚ EVALUATING AND DECISION MAKING. FOR EXAMPLE IN PLANNING THE ROUTE AND FLIGHT SCHEDULES THE MANAGER OF AN AIR LINE MUST CONSIDER
Premium Costs Management accounting Variable cost
LPHG Disaster Recovery Scenario Organizational Details Organization Type LPHG is a medium-sized 501(c)(3) charitable foundation currently in the early stages of its business plan‚ and focusing primarily on the research and development of a new environmentally-friendly hair product called EFHG. Once the product has completed the research and development process‚ the business plan is to move to a manufacturing- and distribution-based stance‚ with the product being the first of many environmentally-friendly
Premium Business continuity planning Earthquake Emergency management
efforts stem from the power of each individual to aid emergency managers. Emergency managers are responsible for the proper planning of emergencies. They use a fundamental approach in their planning methods. The fundamentals include four stages of planning: mitigation‚ preparedness‚ response‚ and recovery. Exploring these stages will help us understand the restrictions and adversities that are faced by emergency managers throughout each stage. Mitigation is the first phase in emergency planning. It
Premium Hazard Management Emergency management
According to Joseph Nye what we are contemplating is the continuation of a process of return to normality that he calls “The Recovery of Asia”‚ bearing in mind that Asia is half of the world population and that at some moment‚ if it follows the line of growth‚ it will be half of the world product as it was in the 17th century‚ when the world product exceeded 50%. Moreover‚ professor Nye argues that there realizes a “Power Transition”‚ which is the change of power between the states‚ which it is a
Premium Economics Investment Macroeconomics
claim for damages only. (c) It depends on the terms of the contract[s.33] • Maple Flock Co. Ltd. v. Universal Furniture Products (Wembley) Ltd. (1934) In Maple Flock Co. Ltd. v Universal Furniture Products‚ the seller agreed to deliver goods in installment and the buyer took further delivery of goods after finding one batch of goods were not upto the standard. The buyer later refused further deliveries. It was held that the buyer was not entitled to repudiate the contract as the defective goods
Premium Contract law Breach of contract American films
Classification of Cost Cost may be classified into different categories depending upon the purpose of classification. Some of the important categories in which the costs are classified are as follows: 1. Fixed‚ Variable and Semi-Variable Costs The cost which varies directly in proportion with every increase or decrease in the volume of output or production is known as variable cost. Some of its examples are as follows: • Wages of laborers • Cost of direct material • Power The cost which does
Premium Costs Variable cost Fixed cost
Community Addiction Course Research Assignment The importance of spirituality in addiction Recovery Introduction: I chose to do my research assignment on the importance of spirituality in addiction recovery because I am interested in how people change their lives from addiction and what helps them in recovery. In my community addiction course I learnt about recovery and what helps. The 12 step program came up a lot and people are becoming more spiritual. I did not know anything
Premium Spirituality Religion God
understanding about cost accounting. This paper will discuss: Why is cost accounting so important to the success of the firm; what are the various methods of cost accounting and how are they used; how does an operating budget work to discipline a firm’s management; what are the elements of a budget; how are budgets constructed; what is variance analysis and how it is used. Cost accounting can be described as the process of accumulating‚ measuring‚ analyzing‚ interpreting and reporting cost information
Premium Balance sheet Financial statements Generally Accepted Accounting Principles
I have thought about writing this letter for the past few months. There has been a great deal on my mind and this will help me to continue on my path of recovery. I want to say upfront that I do not expect anything in return or for you to feel sympathy for what I am about to talk about. All I ask is for you to hear me out. Anyway‚ the past few months have been rather difficult. There were many long nights where I would lie awake thinking about what went wrong. I would try to rationalize my actions
Premium Mind Thought English-language films