1. Framework A. Identification of the risk Financial Risk There are three kinds of financial risk: market risk‚ liquidity risk and credit risk. Market Risk Price Risk The risk of a decline in the value of a security or a portfolio. Interest Rate Risk The risk that the value of an investment will change due to a change in the absolute level of interest rates. Example Dexia had a great interest rate risk. They had a lot of mortgage loans (long term). They financed the long term liabilities
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THE UNIVERSITY OF WARWICK Examination: Summer 2009 FINANCIAL MANAGEMENT SPECIMEN ANSWERS Turn Over IB1140 Page 2 of 18 ---------------------------------------------------------------------------------------------------------------SECTION A Answer ALL of the questions in this section Each question is worth 2 marks ---------------------------------------------------------------------------------------------------------------1. Which of the following statements is most consistent with the
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TUTORIAL WEEK 13 – MANAGEMENT OF ACCOUNT RECEIVABLES & INVENTORY MANAGEMENT PART A: MULTIPLE CHOICES QUESTION 1. The conditions under which a firm sells its goods and services for cash or credit are called the: a) terms of sale. b) credit analysis. c) collection policy. d) payables policy. 2. The basic factors to be evaluated in the credit evaluation process‚ the five Cs of credit‚ are: a) conditions‚ character‚ capital‚ control‚ and capacity b) capital‚ collateral
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Section-A 1. Discuss management accounting as an effective tool of financial control. 2. What do you mean by cash from operating activities? How is it calculated? 3. The “volume-cost-profit relationship provides management with a simplified framework for organizing its thinking on a number of problems.” Discuss 4. Recently a conference speaker discussing budgets & standard costs made the following statement- “Budgets & standard costs are not the same things‚ they have different purposes
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Some of the effective human resource management practices that I have seen and experienced are the human resource management creating an environment full of diversity among staff. Recruiting employees that are trained in more than one area within the organization and providing opportunity to advance within the company to other areas of position. I have experience effective practice with how the human resource management makes recommendation to higher up regarding individuals who work beyond his/her
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what is meant by the term “executory contract”? a. No cash changes hands 6. What is the requirement for reporting derivatives under international accounting standards and U.S. GAAP? a. They must be shown on the balance sheet at fair value 7. Why was there very little fluctuation in the foreign exchange rate in the period 1945-1973? a. Countries linked their currency to the U.S. dollar‚ which was backed by gold reserves. 8. 4. Under International Accounting Standards Board rules‚ what method
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Public Health significance: There are services provided to those who have OA‚ help them to live with the disease. One of them is that most drug companies have programs to help reduce the cost of arthritis’ medications. OA requires ongoing treatment and the cost of the medications will put it out of reach for some patients. So these programs come to help those who can’t afford those medications. Another service is that people with severe OA can get the benefits that Ministry of Health in KSA gives
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UNIVERSITY OF SUNDERLAND LEVEL M MODULE: FINANCIAL MANAGEMENT & CONTROL ASSIGNMENT CODE: PGBM01 TUTOR: Mr.Sum DUE DATE: 20/01/2012 Return date: 20/01/2012 Assessment weight: 100% of module Outcomes Assessed: All module learning outcomes‚ knowledge and skills‚ are assessed in this assignment. This assessment is in four parts‚ please answer all elements. Please note that this is an individual assignment and the policy of the University on “Policy on Cheating‚ Collusion
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CHAPTER 1 THEORITICAL AND CONCEPTUAL FRAME WORK 1.1 INTRODUCTION Absenteeism has been variously defined by different authorities. “According to Webster’s dictionary‚ Absenteeism is the practice or habit of being an ‘Absentee’ and an ‘absentee’ is one who habitually stays away.” According to the labour Bureau‚ Simla‚ absenteeism is the total man shifts lost because of absence as a percentage of the total number of man shifts scheduled to work. In other words‚ it signifies the absence
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guard investors and the public by increasing the accuracy and reliability of corporate disclosures. (CSO 2012) Management‚ public accounting firms and the U.S public company boards are all affected by the Sarbanes-Oxley Act. Arranged in 11titles‚ but as far as compliance the important sections are considered 302‚401‚404‚409‚ 802 and 906. The SOX Act not only has an impact on the financial side of corporations but also the IT departments that store the corporations records that are
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