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Petty Cash Management: Process, Objectives, Advantages & More
Maintenance of petty cash is essential to enable smooth recording or tracking of expenses of relatively small value. Any expenditures…
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Pre Audit: Definition, Process, Purpose and Why Pre Audit?
Pre audit refers to reviewing financial records, transactions, and compliance before a formal audit to verify accuracy and detect areas…
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Advantages of Net Present Value (NPV): Accuracy and Benefits
NPV is a standard financial measure by which a company may assess an investment firm's profitability. It obtains the present…
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Receivable and Payable Management: Features, Objectives & Benefits
Receivable and payable management is managing a business's inflow and outflow of payments intelligently. It ensures excellent cash flow in…
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Net Present Value vs Internal Rate of Return: Meaning & Difference
Net present value vs internal rate of return are two standard financial measures that assist companies in assessing investment opportunities.…