Graphically combined transactions and asset demand
Describe how transactions demand and asset demand both can be combined graphically to estimate total money demand.
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In a graph measuring the interest rate vertically & the amount of money demanded horizontally, the two of the demands for the money curves can be summed up horizontally to obtain the total demand for money.
Special Items of Expense: It is an expenditure category which covers nonrecurring big expenditures or special aim expenditures which usually need a separate appropriation (or else need separation for clarity).
Describe Modigliani and Miller theory of dividends? Describe. The Modigliani-Miller theory of dividends says which dividend theory is irrelevant. They claim that it is the income generated by assets that is significant, not how funds are distr
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Define the term Unappropriated Surplus: It is an outdated term for that part of the fund balance not reserved for particular purposes.
Program Cost Accounting (PCA): The level of accounting which identifies costs by activities executed in achievement of a purpose in contrast to the traditional line-item format. The aim of accounting at this level is to generate cost data adequately a
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Local Assistance (LA): The character of expenditures prepared for the support of local government or other locally administered actions.
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