KASNEB – CPA | CIFA | CS | CCP | CFFE | ATD Study Notes And Revision Kitss
Number of files & documents to be kept Simplicity – to be understand easily by new employees Flexible to accommodate more information without having to change existing documents . Easy reference and minimum risk of misfilling. Documents shouldn’t be filed Read More …
It is cheap as its not necessary to maintain expensive showrooms. Doesn’t require a fleet of transport vehicles Salesmen may not be required and few employees can handle the mail. Distributor may contain complete control over the products on his Read More …
Cost – choose channels which are not too expensive so that profits aren’t reduced. Nature of my produce – Requires middlemen with tyre knowledge. Size or Nature of market – if the market is large enough around the factories the Read More …
Business is done to compare the actual results with the budgeted plans. Aids in communication e.g. employees are fully aware of tasks to undertake within a certain period of time i.e. time budget. Increase efficiency as everyone want to accomplish Read More …
Trading procedures have become complicated Increased fraud and cheating over money Trade has become risky due to theft and carrying of large sums of money Trade has become expensive where one has to bank money, pay interest for loans etc. Read More …
Carts are cheap to buy and maintain They are cheap and negotiable They are flexible – can be used where there aren’t any roads Convenient for short distances Can deliver at the doorsteps Readily available.
A bank statement is issued after an account holder has requested for it whereas a bank pan book is issued after one opens an account. Pass book can be used to withdraw money whereas a statement cannot. A bank pass Read More …
Encourage and control marketing of agricultural products by purchasing them from farmers. Encourage stable prices and incomes by keeping prices fairly fixed and store unsold goods to act as buffer stock. Offer loans for farm input purchasing. Help government to Read More …
Box files Flat files Lever arch files Loose leaf binders Ring binders
Sell bearer and premium bonds Operate savings accounts Operate SAYE (Save As You Earn) scheme Have fixed deposit facilities