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Commerce Financial Management Difficulty: Medium

Short term sources are

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Indicate the correct answer of the following statements being correct or incorrect. The statements relate to the type of transactions recorded in the current/capital accounts of the Balance of Payments. Statement (I): The capital account consists of long-term capital transactions only. Statement (II): The current account includes all transactions which give rise to or use up national income. The primary function of an office is _______. Custom and traditions which guide the accountant while preparing the accounting statements: FL is zero if: In a 360° of appraisal of the employee, his performance is rated by: