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Major Commands (MAJCOMs)

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13y ago

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Who issues funds to the bases using automated funds management system?

MAJCOMS


Who will issue funds to the bases using the Automated Funds Management system?

MAJCOMs


What will issue funds to the bases using the automated funds management system?

NOT office of management and budget (OMB)


What is automated financial analysis?

1. Financial Analysis refers to an assessment of the viability, stability and profitability of a business, sub-business or project.It is performed by professionals who prepare reports using ratios that make use of information taken from financial statements and other reports. These reports are usually presented to top management as one of their bases in making business decisions.2. Automation is the use of control systems such as computers to control processes, reducing the need for human intervention.SO, automated financial analysis is using computers with control systems (an expert system with rules) to analyze financial information.HOW DO YOU DO THIS? There is a program called ProfitCents that performs automated financial analysis. ProfitCents is a web-based application that allows users to input an income statement and balance sheet to generate a text write-up of the financial performance of a person, business, or non-profit organization.


What is the difference between fund based and non fund bases financing?

NON FUND Base financing No outlay of funds (i.e transaction of funds is not involve), here Assurance is given by bank; if the principal party defaults the bank is liable to pay to beneficiary, Banks earn Commission through this, it is a Contingent Liability(it may or may not arise) for bank.FUND Base financing transaction of funds involve, Banks earn Interest through this, it is the Liability for the bank