Question
(a) Distinguish between investing and financing activities. Give examples in each case. [6 marks] (b) Discuss the advantages and disadvantages of accounting standards [6 marks]
(a) Distinguish between investing and financing activities. Give examples in each case. [6 marks]
(b) Discuss the advantages and disadvantages of accounting standards [6 marks]
(c) Outline the procedure of balancing off accounts. [5 marks]
(d) Distinguish between cash and cash equivalents. [3 marks]
(e) Give advantages of accounting records to an organization. [5 marks]
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
16th Edition
0357517571, 978-0357517574
