ALTERNATIVE MANAGEMENT
Alternative management is based on market declines,volatility of volatility, liquidity, time value and abnormal valuations, rather than on rising prices. An example of alternative management is the hedge fund.
shikha nair
(ca final student)
(34 Points)
Replied 25 June 2008
ALTERNATIVE MANAGEMENT
Alternative management is based on market declines,volatility of volatility, liquidity, time value and abnormal valuations, rather than on rising prices. An example of alternative management is the hedge fund.
CA Annie
(Chartered Accountant )
(747 Points)
Replied 26 June 2008
Real rate of return:
The annual percentage return realized on an investment, which is adjusted for changes in prices due to inflation or other external effects. This method expresses the nominal rate of return in real terms, which keeps the purchasing power of a given level of capital constant over time.
Rushikesh
(Chartered Accountant - Manager Finance)
(2375 Points)
Replied 27 June 2008
economic exposure
any type of risk arising from movements in real exchange rates
Rushikesh
(Chartered Accountant - Manager Finance)
(2375 Points)
Replied 27 June 2008
horizontal spread
A spread that is made by buying and selling two options that differ only on their exercise date.
CA Annie
(Chartered Accountant )
(747 Points)
Replied 27 June 2008
Human resource management:
HRM is the strategic and coherent approach to the management of an organization's most valued assets - the people working there who individually and collectively contribute to the achievement of the objectives of the business
CA Annie
(Chartered Accountant )
(747 Points)
Replied 28 June 2008
Hidden reserve:
It is the understatement of owners' equity or net worth.This understatement can arise either from the undervaluation of assets or from a complimentary overaccrual of liabilities.
CA Naveen Kumar Agrawal
(Chartered Accountant / MBA)
(939 Points)
Replied 29 June 2008
Employer : A person who hires on some remuneration to other persons (as his employees) to provide their services for his business/profession.
CA Annie
(Chartered Accountant )
(747 Points)
Replied 30 June 2008
It is a financial instrument normally issued by the buyer's bank in which the bank promises to pay money up to a stated amount for a specified period for merchandise when delivered. It substitutes the bank's credit for the buyer's and eliminates the seller's risk. It is used in international trade.
CA Naveen Kumar Agrawal
(Chartered Accountant / MBA)
(939 Points)
Replied 30 June 2008
Events Occuring after tha Balance Sheet Date:
Post balance sheet events are those that occur between the balance sheet date and the date on which the financial statements are approved. These fall under two broad categories:
i.> Events that necessitate adjustment of assets & liabilities, and
ii.> Other events, financial impact of which requires a disclosure.
Rushikesh
(Chartered Accountant - Manager Finance)
(2375 Points)
Replied 30 June 2008
LIBOR
The LIBOR is the rate offered by London banks for deposits by other banks in the eurocurrency markets (1-12 months). It is calculated by the British Bankers Association and is announced daily at 11 o'clock in London.
CA Annie
(Chartered Accountant )
(747 Points)
Replied 30 June 2008
It is used in capital budgeting. Hurdle rate is the required rate of return on a long-term investment opportunity. A proposal would be accepted when the expected rate of return exceeds the hurdle rate. The hurdle rate should equal the incremental cost of capital.
CA Annie
(Chartered Accountant )
(747 Points)
Replied 02 July 2008
It is the theft of money or property from a business by an individual in whose custody it has been placed. An example is a bookkeeper who steals from the petty cash fund.