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Describe the requirement of an effective financial system?
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Basic requirements of an effective financial system?
The financial system is a complex mix of financial intermediaries, markets, instruments, policy markets, and regulations that interact to expedite the flow of financial capital from savings into investment.
What is the role of a financial regulator?
A financial regulator is one who supervises, or regulates, financial institutions by issuing certain requirements, restrictions and guidelines with the aim to maintain the integrity of the system.
What are the functional and non functional requirements of a payroll system?
The functional requirements of a payroll system describe what the payroll system is the salary computed for each employee automatically. The non functional requirement of the payroll system would be the response time for calculations.
Are use cases the functional requirements?
Functional requirements describe function (mapping of inputs to outputs) of a system, what functions or services system should provide (to users).Use cases describe how user (use case actor) could interact with the system, i.e. functionality of the system available to actors (human users or another systems), from the actor's point of view.So, yes, use cases describe functional requirements. If we consider all functions provided by system as functions provided to actors - which is usually the case, use cases could be used to describe functional requirements of the system completely.
What are some examples of financial and human resources necessary to ensure the effective operation of the ohs system?
One of the examples of fniancial and human resources necessary to ensure the effective operation of the OHS System is the Health and Safety System for personnel.
What are the different types of system requirements?
type of system requirements how to type of system requirements in IT?
What are the requirements of an effective control system?
An effective control system requires clear and specific objectives, reliable performance measures, timely feedback mechanisms, and flexibility to adapt to changes. It should also have a system of accountability and follow-up procedures to ensure corrective actions are taken when needed.
What are the System requirements of an operating system?
System Requirements vary from system to system. refer to the packaging or the vendor website for the System requirements for your product.
What are the nature of the financial system?
nature of financial system in India?
What are the function of a finance department?
The main functions of the finance department are to put in place an effective financial cost effective control system including trimming wasteful expenditure, centralized accounting system, and help in boosting production output of the company.
What are some fis definition?
Here are a few Financial Information System (FIS) definitions: FIS is a system that provides financial data and processes to support managerial decision-making within an organization. FIS integrates various financial functions such as accounting, budgeting, planning, and forecasting to streamline financial operations. FIS helps in collecting, processing, and reporting financial information accurately and timely for effective financial management. FIS often includes software applications such as Enterprise Resource Planning (ERP) systems to manage financial data efficiently.
