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Financial Ratio Analysis Course – Beginners to Advanced Level

Financial Ratio Analysis Course – Beginners to Advanced Level Lecture No.1: MEANING OF RATIOS Comparison of Two Figures is called Ratio. In this lecture you will be know about Meaning of Ratio and Types of Financial Ratios. So lets start to know about Financial Ratios This video is about the Financial Ratio Analysis. Financial Statement Analysis is a special tool to …

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Business Communication and its explanation

Q. Define Business Communication? Ans: Communication is characterized as “The stream of material data observation, comprehension and creative ability among different gatherings”.  Business incorporates those associations, which are occupied with the generation and appropriation  of merchandise and enterprises to gain benefit. Consequently Business correspondence signifies, “Stream of data, observation and so on either inside a business association or outside the …

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Role of Effective Business Communication

Q. Discuss the role of effective business communication within and outside the organization. Q. Why Business Communication is called, “Life blood” of an organization? Answer:  A business Organization is a gathering of individuals related to gain benefit. Different sorts of exercises must be performed by the general population of an association in order to acquire benefit. These exercises need a powerful and …

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Importance of Communication for Individual and Organization

Q. Define communication. What is the importance of communication for an individual and for an organization? Answer:  COMMUNICATION:- Definition: Communication  is  the  process  by  which  information  is  transmitted between individuals and organization, so that an understanding response results”. OR “Communication  is the process which involves transmission  and accurate  replication  of ideas, ensured by feedback for the purpose of eliciting action which …

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Explain the Process of Communication

Q. Explain the Process of Communication. OR Q. “Communication  is  a  two  way  process  of  exchanging ideas or information between two human beings”. Explain this statement with the help of a diagram. Answer:    Definition:   Communication simply means exchange of ideas & information between two persons. A person sends a message to another person and gets the response from the receiver on the …

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Five Elements (Factors) of the Process of Communication

Q. Discuss five elements (Factors) of the process of communication. Answer:      Communication is the exchange of ideas between two minds. This process of exchanging idea is based on following five factors. 1. Sender:-  Sender is the individual who starts the procedure of correspondence. He creates a thought in his brain with respect to generation development, advancement, demand, request, enquiry and so …

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QURAN AND ACCOUNTING

As a Muslim, it is our faith that the Holy Quran is a comprehensive code of life and is a complete Source of Guidance to us in conduct of all our worldly affairs. The Holy Quran lays great stress on “KITABAT” (recording in Black and White), particularly writing down of financial and business transactions. The contents of Verses 282 and …

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Who are Stakeholders? | Users of Accounting Information

Firstly, Question is that Who are Stakeholders? Simply, we can say that Stakeholders are the parties whose Stake means Interest is linked with the organisation whether directly or indirectly. Now, we will discuss some possible Internal or External stakeholders of accounting information, whose benefit is associated with the organisation. Followings you will find a list of parties whose stake directly …

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Federal Board of Revenue (FBR) | Powers and Functions

Q: Define “Federal Board of Revenue”; explain its powers and functions in detail. Federal Board of Revenue (FBR) Introduction The old name of federal board of revenue (FBR) is central board of revenue (CBR). Income tax ordinance, 2001 uses the word ‘Board’ for FBR and CBR. Board is the highest tax authority in Pakistan. It has the powers to exercise …

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APPELLATE TRIBUNAL INLAND REVENUE & Its FUNCTIONS

Question: Discuss the composition of “APPELLATE TRIBUNAL INLAND REVENUE”, what are the functions performed by it? Answer: APPELLATE TRIBUNAL INLAND REVENUE: APPELLATE TRIBUNAL INLAND REVENUE is the second court of appeal. The Federal Government is the appointing authority of the APPELLATE TRIBUNAL. The taxpayer or the Commissioner Inland Revenue, if not satisfied with the decision of the Commissioner Inland Revenue (Appeals) can …

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