Finance FAQs

In economics what is a normative statement?
A normative statement in economics is like a normative statement in any other academic subject--it is a statement about something with an implicit value judgment or moral claim. It is distinct from a descriptive statement that is suppose...... More »
What are the advantages of regional integration?
Advantages of Regional Integration Most economic experts cite that regional integration allows disadvantaged countries to realize economies of scale, compete on a broader (often global) platform and increase overall economic efficiency....... More »
What kind of market demand and supply information would be useful to you in deciding upon a business strategy?
Market Demand and Supply Information A customer-filled form of the following fields will be of great use. 1) Do you need product urgently? 2) How many times have you visited our store? 3) Was the proper information pr...... More »
What is the average standard of living in Africa?
It is extremely low. Africa is the most impoverished continent on the face of the planet. The average African has scarce access to safe drinking water and most commonly lacks plumbing. "Informal housing" is the rule with electricity and safe trans...... More »
How do you explain GNI per capita?
A measure of the wealth is earned by nations through economic activates all around the world. Gross National Income comprises the total value of goods and services produced within a country (i.e. its Gross Domestic Product), together wit...... More »
What is meant by partitioning?
Partitioning is nothing but grouping based on the cluster, which is similar kind of response by a system. ...... More »
If you look at a clock and the time is 3:15, what is the angle between the hour and the minute hands?
The answer to this is not zero! The hour hand, remember, moves as well. The hour hand moves a quarter of the way between three and four, so it moves a quarter of a twelfth (1/48) of 360 degrees. So the answer is seven and a half degrees, to be exa...... More »
What is Business Intelligence?
Business Intelligence is a process for increasing the competitive advantage of a business by intelligent use of available data in decision making. The five key stages of Business Intelligence: ► Data Sourcing `...... More »
What is accounting normalization?
It is removing items from the income statement or balance sheet that do not normally occur during the course of business to better estimate the value of a company. ...... More »
What is BAS? What is the function?
The Business Application Support (BAS) functional area at SLAC provides administrative computing services to the Business Services Division and Human Resources Department. We are responsible for software development and maintenance of the PeopleSo...... More »