Day: February 6, 2022

Capital budgeting deals with the allocation of funds to competing projects; they involve commitment of funds to receive future benefits. Characteristics of Capital Budgeting Decisions They involve investment in fixed assets whose useful life is more than the effect of Read More …

Agency refers to the relationship which submits between two parties, one party called the principal engages another one called agent and gives agent authority and mandate to act on the principal’s benefit. The actions of agent are binding on the Read More …

This provides a measure of the strength of association between two variables; one the dependent variable, the other the independent variable, r, can range from +1 i.e. perfect positive correlation where the variables change value in the same direction as Read More …

In statistics, correlation is a measure of the strength of a linear relationship between two sets of numbers, i.e. if a change in one number is accompanied by a change in the other. The range of the correlation coefficient is Read More …