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Fluctuating fund system is handling petty cash fund wherein every expenses/voucher is debited directly with petty cash fund as a credit. The petty cash fund is debited only whenever there is a replenishment wherein the proforma entry is:
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Describe a mutual fund?
A mutual fund is an investment instrument for the common man does not have the time or expertise to invest directly in the stock market. an experienced investor pools in money from such investors and invests in the stock market on their behalf. This person is called the fund manager and the organization that employs this person is the fund house. The whole system is called a mutual fund.
Is a money market fund the same as a mutual fund?
A money market fund is a mutual fund, but behaves a little different than most fund.
What is a fund of hedge fund?
It is a fund that invests in a portfolio of hedge funds.
What is the difference between person fund vs account fund?
The difference between person fund and account fund is that a person fund is transferred to the recipient in person, while the account fund is transferred to the account of the recipient.
What is source of fund?
source of fund
What is journal entry for fluctuating fund system?
establishment of fund: petty cash fund xx cash in bank xx payment of expenses out of the petty cash fund: expenses xx petty cash fund xx
What planet has the most fluctuating surface temperature in the solar system?
Jamaica
What fund accounting?
Fund accounting is the accounting system emphasizing on accountability rather than profitability
What is a vanguard total bong market index fund?
A vanguard total bong market index fund is set up to provide exposure for US markets. (Us grade investment bonds) People can invest in this, but the risk is always the same such as fluctuating interest rates and decreasing price of the bond.
What are fluctuating current assets?
Fluctuating crrent assets is the assets which haven't direct relationship with sales!
Which are the fluctuating dividend policies?
this policy is that policy which is fluctuating in nature and the shareholders do not generally go for this dividend policy.
What is fund utilization in banking system?
Fund utilization is when the use of funds is governed by the fund authority for the specified fund type, or in the case of trust funds for the specified account. Managers are responsible for understanding the restrictions on use for all fund types, and for any trust account utilized by the department.
What is GFEBS?
GFEBS stands for General Fund Enterprise Business System.
Who issues fund to the bases using automated funds management system?
MAJCOMS
The primary purpose of the International Monetary Fund is to?
oversee the global financial system.
What is imprest fund system?
The imprest fund system is a system of control of cash which requires that all cash receipts should be deposited intact and all cash disbursements should be made by means of check.This is the one usually followed in handling petty cash transactions.
Describe a mutual fund?
A mutual fund is an investment instrument for the common man does not have the time or expertise to invest directly in the stock market. an experienced investor pools in money from such investors and invests in the stock market on their behalf. This person is called the fund manager and the organization that employs this person is the fund house. The whole system is called a mutual fund.
