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10th September 2022
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indiafreenotes
IAS 24 Related Party Disclosures requires disclosures about transactions and outstanding balances with an entity’s related parties. The standard defines…
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10th September 2022
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indiafreenotes
A related party transaction is a transfer of resources, services or obligations between RE (reported entity) and related party regardless…
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9th September 2022
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indiafreenotes
Target Costing Phases: Planning, Development and Production Target costing is a market driven methodology. There are the three phases of…
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9th September 2022
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indiafreenotes
Activity based costing Activity based costing is a method of cost allocation of overhead costs such that, for each different…
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9th September 2022
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indiafreenotes
Costing method is the approach or style or tactic adopted by an organization to collect cost data in a more…
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9th September 2022
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indiafreenotes
Speculation, or speculative trading, refers to the act of conducting a financial transaction that has substantial risk of losing value…
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9th September 2022
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indiafreenotes
A hedge is an investment that is made with the intention of reducing the risk of adverse price movements in…
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9th September 2022
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indiafreenotes
Arbitrage Arbitrage is the act of buying and selling an asset simultaneously in different markets to profit from a mismatch…
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9th September 2022
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indiafreenotes
Some financial risks can be shared through financial instruments known as derivatives, futures contracts or hedging. For example, exposure to…
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8th September 2022
By
indiafreenotes
Forward Contract Example Old MacDonald had a farm, and on that farm, he grew corn a lot of corn. This…
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