Relationship between risk and return
Write a short note on the relationship between risk and return?
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The relationship between risk and return has significant implications for setting the financial objectives for a business. The owners or shareholders will need a minimum return to induce them to invest at all, however will need an additional return to recompense for taking risks; the higher the risk, the higher the needed return. Managers should be aware of this and should strike the suitable balance among risk and return whenever setting the objectives and pursuing specific courses of action.
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Describe Provisional Entries?
Write down a short note on determining costs and benefits in decision making process?
A partnership is stated as ‘the relationship which subsists among persons carrying on business in common with a view togain or profit’
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