Important Points for IC 89 - Management Accounting Exam
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Risk on investment refers to chance of loss of expected return on investment.
Bet reflects volatility of return on an investment relative to market swings.
A terminal tax benefits refers to relief from taxation when an investment is realised or liquidated.
Business Day shall mean days other than holidays where stock exchanges with national wide terminals are open for trade or any day declared by the Authority as business day.
Investment activity is one of the core functions of insurance companies. Investments income is utilised to make good and underwriting loss.
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