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Working Capital

Introduction A firm invests a part of its permanent capital in fixed assets and keeps a part of it for working capital e., for meeting the day to day requirements. We will hardly find a firm which...

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A short concept of Fiscal Deficit in Economics :--

A fiscal deficit occurs when a government's total expenditures exceed the revenue that it generates, excluding money from borrowings. Deficit differs from debt, which is an accumulation of yearly deficits. A...

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Meaning of Decentralization and its advantages and disadvantages.

Decentralization is the process in which decision making authority is dispersed throughout the organization. Decentralization helps top management to focus more on major decisions by allowing middle and...

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The Golden Rule of Accounting

The Golden Rule of Accounting: Debit The Receiver, Credit The Giver: This principle is used in the case of personal accounts. When a person gives something to the organization, it becomes an...

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Cash flow management : Inventory

Preparing and following short term and long term cash budget, is an excellent tool for cash control. Getting maximum benefits of all of the resources is very important for an entrepreneur. Cash budget...

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