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What are the factors that can hinder effective delegation in an organization?
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∙ 14y ago
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How Does Recurring Deposit Account Works?
A normal fixed deposit means that you put in an amount and, after a specific period of time, you can withdraw it. Meanwhile, you do not touch the money or add to it. A recurring deposit works on a similar principle. The difference is, instead of putting in a bulk amount, you put in a specified amount (which you decide when you open your recurring account) every month. This could be a small amount that will not pinch your pocket or hinder your lifestyle. At the end of the tenure, you get a nice amount. Starting amount: Rs 1,000. Tenure of deposit: 3 years (36 months). Every month, you put in Rs 1,000. Rate of interest: 5% per annum compounded annually. After three years, you will get Rs 40,005 on maturity. A neat sum once you realise that all you did was sacrifice Rs 1,000 every month. All you have to do is give your bank standing instructions that, on a particular date every month (the date after your salary is credited to your account), a fixed amount from your savings account must get automatically credited to your recurring deposit account.
Objectives of Financial Reporting?
-Relevance - Accounting information is relevant if it is capable of making a difference in a decision.Relevant information has:(a) Predictive value(b) Feedback value(c) Timeliness- Reliability - Accounting information is reliable to the extent that users can depend on it to represent the economic conditions or events that it purports to represent.Reliable information has:(a) Verifiability(b) Representational faithfulness(c) Neutrality2) Secondary qualities of useful accounting information:Comparability - Accounting information that has been measured and reported in a similar manner for different enterprises is considered comparable.Consistency - Accounting information is consistent when an entity applies the same accounting treatment to similar accountable events from period to period.Accounting Qualities and Useful Information for AnalystsHere is how these qualities provide analysts with useful information:Relevance- Relevant information is crucial in making the correct investment decision.Reliability - If the information is not reliable, then no investor can rely on it to make an investment decision.Comparability - Comparability is a pervasive problem in financial analysis even though there have been great strides made over the years to bridge the gap.Consistency - Accounting changes hinder the comparison of operation results between periods as the accounting used to measure those results differ.
What factors hinder effective implementation of accounting information system in an organization?
Cost managment performance
What are the factors which hinder effective communication and how can such be overcome?
farts
What is the factors that hinder communication?
There are several factors that can hinder communication. Some examples might be a language barrier, unclear language, or undelivered email or texts.
Which of these is defined as external factors such as an individual's accent or appearance or internal factors like stereotypes that hinder effective listening?
Deterrents
Which of these is defined as external factors such as an individuals accent or appearance or internal factors like stereotypes that hinder effective listening?
Response blocks
What factors hinder exportation in Kenya?
protectionalism factors protectionalism factors protectionalism factors
What barriers can hinder effective customer care?
taxes
What is the disadvantages chain of command?
the chain of command can be slow and hinder fast and effective communication between individuals in an organization. this can have a negative affect on the outcome of a situation and all so cause conflict
Factors likely to hinder business operation in any given society?
it is good to know the factors that can hinder business operation in any given society
What factors hinder industrialization in Africa?
one of the factors that hinder industrialisation in Africa is lack of technological capabilities and proper infrastructure failure of import substitution industrialisation
What Typical obstacles that defeat creators when they try to take effective notes are?
Typical obstacles that defeat creators when trying to take effective notes include lack of organization, distractions, and unclear objectives. These obstacles can hinder the ability to capture and retain key information, leading to incomplete or ineffective notes.
What hinders effective and sustainable development?
Some factors that hinder effective and sustainable development include corruption, lack of good governance, inadequate infrastructure, limited access to education and healthcare, and environmental degradation. These challenges can impede progress and prevent long-term sustainability in development initiatives.
