cashflow,incomesystemand balance sheets
commercial banks
nature of financial system in India?
There are majorly 2 components of financial system one is formal financial system and another one is informal financial system. under the formal financial system there are 4 components 1)Financial Intermediaries 2)Financial Markets 3)Regulators 4)financial instruments in informal financial system neighbours ,relatives,landlords,local trader are there
Type your answer here Define financial institution and identify the types of financial institution in Nigeria? ...
Financial system is a system used by organizationÕs management to exercise financial control and accountability. It allows transfer of money between savers and borrowers.
Government is an actor within a financial system and sometimes they create the financial system but government is not by itself a financial system unless there are not free markets of any sort.
The main elements of Financial System are as follows:MoneyFinancial MarketsFinancial InstitutionsFinancial InstrumentsCentral Banks
financial system means a system used to convert savings into productive investment.
The two main types of financial systems are the banking system and the capital market system. The banking system primarily focuses on the intermediation of funds through institutions like banks that accept deposits and provide loans. In contrast, the capital market system facilitates the raising of capital through the buying and selling of securities, such as stocks and bonds, allowing firms and governments to access funding from investors. Both systems play crucial roles in the allocation of resources and risk management in an economy.
A cost accounting system is used to analyze various types of cost,. It is used to help people and companies determine what their future financial goals should be.
Uses of Financial Information System
There are basically 4 components of INDIAN FINANCIAL SECTORS are: 1. FINANCIAL INSTITUTIONS 2. FINANCIAL INSTRUMENTS 3. FINANCIAL MARKETS 4. FINANCIAL SERVICES