Compensation Mgmt is a systematic design which is used by organizations to analysis, evaluate jobs and design the pay structure of an organization. They main fouse is to find the correct balance between company cost and the motivation of employees. So, in this blog we will discuss its components, types, objectives, process and benefits.
Prime Brokers basically refers to large bank or investment company providing services to hedge funds like risk management, settlements etc. The prime brokerage agrreent happens with the helps of prime brokers for which they charge fees. Also, there are some roles and services of prime brokers that are discussed.
Posting accounting definition explains the recording of the double-entry transaction that is first noted in the form of a journal entry and then posted again in respective ledger accounts or sub-ledgers. However, there are certain rules and format that needs to be followed which is explained with a help of an example.
Marketing info management definition includes a role of marketing information system which provides a system to store all data. However, the marketing information management function has a broader concept to make decisions of the market research organised by the company. It includes distributing the information to the marketers. So that they can make future strategies and reduce mistakes to earn profits or reduce risk.
Voidable contract examples refers to the valid contract which gets rejected at the option of aggrieved party. There is a mutual agreement between the parties which is enforceable by law but stand voidable on grounds of misrepresentation, fraud, coercion, mistake etc. however, it depends on the unbound party to decide at the point whether to make the contract voidable or fulfil the contract obligations by noting on specified issues.
Tax shield approach is termed as the deduction that a business or a corporation can make in its taxable income to reduce their tax burden/obligation. This activity can be achieved by using various expenses like medical, interest, depreciation etc that are tax-deductible. They impact the profits or net income which decreases the tax liability.
Minimum balance definition is termed as the least amount that is required to maintain or hold an account by a customer in a bank. However, there are ways available to avoid this condition like student account, zero balance accounts etc. the minimum balances helps the client’s to receive certain benefits like receiving interest, open an account, keep it active etc.