Very Short Question Answer 1. Point out the areas of internal analysis. The areas of internal analysis are: Production and operations Marketing Finance Human resource 2. What do you mean by internal analysis? Internal analysis is an assessment of strengths and weaknesses of an organization. Organizations must exploit and expand on their strengths, as well […]
Chapter 9: Establishing Company Direction
Very Short Question Answer 1. Define vision and mission. Vision can be defined as the description of what an organization wants to be in future. It provides direction to the organization. Through vision, organization can focus on achieving the desired goals. The vision statement of McDonald’s is to be the world’s best quick service restaurant. […]
Chapter 6 :Exempt Amounts, Concessions, Tax Rates And Withholding Payments
Very Short Question Answer Briefly state any two tax-exempt amounts. Two tax-exempt amounts are: Amount received by a person entitled to tax exemption privileges under a bilateral or a multilateral treaty or agreement concluded between the Government of Nepal and a foreign country or an international organization. Amount received by an individual from employment in […]
Chapter 5: Capital and Revenue
Very Short Question Answer State the expenses that are treated as capital expenditure according to Income Tax Act, 2058. Income Tax Act, 2058 has treated the following expenses as capital expenditure: Expenditure incurred for feasibility study, exploration and development of natural resources. Expenditure incurred for obtaining assets with useful life of more than 12 months. […]
Chapter 8: Strategic Management
Very Short Answer Question 1. State two characteristics of strategy. Strategy is a long term action plan for achieving sustainable competitive advantage. Its two important characteristics are: Long term direction: Strategy provides long term direction to an organization. Competitive advantage: Strategic decisions always aim at achieving competitive advantage. 2. Define strategy. Strategy is an action […]
Chapter 7: Asian And Global Environment
Very Short Answer Question 1. Define globalization. Globalization can be defined as the free flow of goods and services, human resources, capital and information beyond the national borders. The driving factors for the globalization are transportation and communication infrastructure. It is the process of transformation of local phenomena into global ones. 2. What do you […]
Chapter 4 : Risk and Return
Short Questions Answer Beta coefficient Beta coefficient, denoted as ßj, is the measure of diversifiable risks. This is defined as the degree of movement in an asset or security’s return in response to the overall market return. Symbolically, it is expressed as. j=COVjM / Varm Where, j = Beta coefficient for security ‘j’. COVjM = […]
Chapter 6: Technological Environment
Very Short Answer 1. Point out the different levels of technology. The different levels of technology are listed below. Manual technology Mechanized technology Automated technology Computerized technology Robotized technology 2. Point out the components of technological environment. The components of technological environment are as follows. Levels of technology Pace of technology change Technology transfer Research […]
Chapter 3: Time Value of Money
Short Questions Answer Why is the time value of money concept so important in financial analysis? Time value of money concept is widely applied in financial decisions. Financial decisions are carried out with the objective of maximizing value of the firm. The application of time value of money concept in financial decision making contributes toward […]
Chapter 4: Quantification, Allocation and characterization of Amounts
Very Short Question Answer Describe the provision of quantification of vehicle facility as per Income Tax Act, 2058.(2073) An employer that provides motor vehicle facility to an employee or others for wholly or partly private use, should quantify the benefits in the following ways: If it is provided to employee, labour or any other individual […]