What is Offshore banking center
What is offshore banking center?
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Offshore banking center is a country whose banking system is organized in order to allow external accounts except normal economic activity of the country. Offshore banks function as branches or subsidiaries of parent bank. Primary activities of offshore banks include seeking deposits and grant loans in currencies in currency other than that of the host government.
State the fundamental characteristics of bureaucracies.
Explain Cost of goods and how they are used in estimating gross profit and net profit of the business?
What is meant by the forfaiting transaction?
A structure for showing the effect of market events on a particular asset, liability, equity, earnings, or expense. The effects are measured in terms of dollars. The account looks like as a collection point in the meanwhile the processing of all the transactions involving the balance sheet or inc
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