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There are no capital assets in governmental-type funds because those funds account only for inflows and outflows of financial resources. Governmental-type funds can be used and indeed are used to acquire capital assets. When that happens, however, the accounting within the funds is such that there is an expenditure of financial resources, rather than an exchange of a financial resource for a capital asset. Capital assets are reported in government-wide financial statements, but not in fund financial statements.
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Why are capital appreciation funds funds risky?
This type of fund is considered relatively risky and more volatile than many other funds because it typically focuses on securities of companies or industries with unproven potential for strong growth
What is the difference between infrastructure and capital goods?
Infrastructure typically refers to core components of something - most commonly associated with streets, water systems, etc... Capital Goods is a slang term for Fixed Assets (Which is alos what Infrastructure Assets happen to be). Technically, there is no difference as they are both Fixed Assets of an entity. The type of entity will tell you the degree to which the terms "Infrastructure" and "Capital Goods" or correctly or incorrectly being used. For example, you would normal see Infrastructure Assets listed on the balance sheet of a Municipality / City / Town / State, etc. You will not see "Capital Assets" on a correctly prepared balance sheet in the United States because jargon / slang teminology is not acceptable by the governing bodies.... and us CPA's are anal enough to wince when we see stuff like that, lol.
List six types of managed funds?
-Income Funds These funds focus on generating an income stream with low risk of capital loss. tend to be heavily weighted in cash and fixed interest type investments. - Growth Funds These funds focus on long term capital growth. tend to be heavily weighted in property securities, Australian shares, international shares or all three.-Single sector Funds Single sector funds invest in just one asset class-Diversified Funds These funds tend to diversify across a number of asset classes.-Index Funds These funds aim to achieve performance returns broadly in line with a selected market index (e.g. the ASX Top 100).-Active Funds These funds are actively managed and aim to outperform a particular index (for example outperform the returns of the S&P ASX Top 100).-Platforms This isn't a managed fund, but an administrative structure which allows you to invest in a broad range of investments such as managed funds, master trusts, direct shares and insurance products.-Multi-manager funds -Rather than investing directly in shares, cash or fixed interest, the fund invests in a selection of other managed funds.
What is working capital gap?
In order to reduce the dependence of businesses on banks for working capital, ceiling on bank credit to individual firms has been prescribed. Accordingly, businesses have to compute the current assets requirement on the basis of stipulations as to size. So, flabby inventory, speculative inventory cannot be carried on with bank finance. Normal current liabilities, other than bank finance, are also worked out considering industry and geographical features and factors. Working capital gap is the excess of current assets as per stipulations over normal current liabilities (other than bank assistance). Bank assistance for working capital shall be based on the working capital gap, instead of the current assets need of a business. This type of financing assistance by banks was introduced on the basis of recommendations of Tandon Committee
What type of funds does the company BlackRock offer?
The company BlackRock offers various investment products and services. Some of the products and services offered by BlackRock include mutual funds, money market funds and closed-end funds.
Why are there no capital assets in government type funds?
There are no capital assets in governmental-type funds because those funds account only for inflows and outflows of financial resources. Governmental-type funds can be used and indeed are used to acquire capital assets. When that happens, however, the accounting within the funds is such that there is an expenditure of financial resources, rather than an exchange of a financial resource for a capital asset. Capital assets are reported in government-wide financial statements, but not in fund financial statements.
Which type of governmental transfer of funds gives states the most latitude in the use of the money?
Block Grant.
What are governmental proprietary funds?
Proprietary funds are those used to account for the government's business-type activities where fees are charged for the services rendered, for example, utility services.
Are ETF's the most popular investment?
No, Mutual Funds are by far the most popular type of investment. ETF assets are increasing at a rapid pace but still fall far short of assets invested in Mutual Funds.
What is meant by governmental factoring?
Governmental factoring is a term used to describe the Government providing capital to small and medium sized businesses. This type of service allows businesses to expand and helps boost the economy.
Where does capital expenditures fit in balance sheet?
Capital expenditure are those type of expenditure the benefits of which are taken in more then one years by the business entity. So according to this all fixed assets are capital expenditures and fixed assets are shown at asset side of balance sheet.
What is a floating charge?
A floating chargeis a kind of security to which all of the assets (or perhaps a particular type of assets) from the business, apart from individuals that are susceptible to a mortgage or fixed charge, are utilized as to safeguard the borrowed funds.
Define capital expenditure?
Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings or equipment. This type of outlay is made by companies to maintain or increase the scope of their operations. These expenditures can include everything from repairing a roof to building a brand new factory.
What type of assets are capital assets and how do they differ from current assets?
Capital assets, also referred to as capital goodsand plant, property and equipment, are a kind of non-current asset. The main purpose of these assets is generating revenue for an entity by being used for one or more purposes. An example of a capital asset is a delivery truck used by a delivery firm; the truck helps to generate revenue for the firm as they use it to provide delivery services. A firm does not sell capital goods to generate revenue (as they would sales stock), and they may keep them many years.Current assets are assets that are expected to be used or turned into cash by the end of the reporting period. This includes sales stock (which is expected to be sold, at least in part, by the end of the reporting period), and bank (which the entity is likely to spend cash from within the reporting period). Capital assets are not current assets, as they are not expected to be turned into cash or used up within the reporting period.
What type of account is a drawing account?
A Drawing account is a contra capital account and is used by a proprietor type business. It is for recording the owner's withdrawals of the company's assets.
Why are capital appreciation funds funds risky?
This type of fund is considered relatively risky and more volatile than many other funds because it typically focuses on securities of companies or industries with unproven potential for strong growth
What is the riskiest and thus highest-cost type of capital?
Equity. But I could be wrong. I believe it is true because equity is generally unknown and depends on assets.
