Objectives of Budgetary Control

“Stress testing” has been adopted as a generic term describing various techniques used by banks to gauge their potential vulnerability to exceptional, but plausible, events. Stress testing addresses the large…

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Budget Committee

Futures and forwards are contracts in which two parties oblige themselves to exchange something in the future. They are thus useful to hedge or convert known currency or interest rate…

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Budgets And Budgetary Control

Information Technology is no longer a matter of choice. The question no longer is whether you would be computerized or not. Those who do not use IT will be out…

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