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| Articles by Carrol Rogers |
431. D.C. Circuits
March 21, 2012
In practice, the electrical circuits may consist of one or more sources of energy and number of electrical parameters, connected in different ways. The different electrical parameters or elements are resistors, capacitors and inductors. The combination of such elements along with various sources of ...
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432. Magnetic Effect of an Electric Current
March 21, 2012
When a coil or a conductor carries a current, it produces the magnetic flux around it.Then it starts behaving as a magnet. Such a current carrying coil or conductor is called an electromagnet. This is due to magnetic effect of an electric current. If such a coil is wound around a piece of magnetic m...
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433. Balance of payments theory
March 16, 2012
The balance of payments theory of exchange rates is also known as the general equilibrium theory of exchange rate, holds that the external value of a country’s currency is determined by the demand for and supply of that currency in the foreign exchange market. The demand for and supply of foreign ex...
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434. Participants in foreign exchange markets - customers and commercial banks
March 16, 2012
Anyone who exchanges currency of one country for currency of another country or needs such services is said to participate in foreign exchange markets. The main players in foreign exchange markets are as mentioned below:
a) Customers: The customers who are engaged in foreign trade participa...
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435. Different rates of exchange - Spot rate and forward rate; buying rates and selling rates
March 16, 2012
There are as many exchange rates as there are currencies traded. At any given moment, it may be regarded as the price of one currency in terms of another. It is more enlightening, however, to look upon the exchange rates as the price not of foreign money but of documents representing claims to forei...
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436. International Monetary Fund - training and technical assistance
March 16, 2012
The training and technical assistance provided by the fund to member countries have been made available in various forms. Such assistance is provided at the request of members and includes training at headquarters, staff missions in member countries and the assignment of staff members and outside ex...
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437. The accounting profession
March 16, 2012
The accounting profession is a responsible and accountable profession. Accountants adhere to very high standard of professional ethics and professional conduct. A medical doctor is only accountable to the patients that he treats. His accountability and responsibility is limited to the patients who e...
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438. Important goal of accounting theory
March 16, 2012
Theoretically, the most important goal of accounting theory should be to provide a coherent set of logical principles that form the general frame of reference for the evaluation and development of sound accounting practices. According to Hendriksen probably the most relevant definition of accounting...
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439. Essential function of accounting information
March 16, 2012
Accounting is a definite process of interlinked activities that begins with the identification of transactions and ends with the preparation of financial statements. Every step in the process of accounting generates information. Generation of information is not an end in itself. It is a means to fac...
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440. Writing a thesis statement and how to support it
March 16, 2012
I. What is a thesis statement? A thesis statement tells the reader what the essay he/she is going to read is about. It is usually found at the end of the introduction UNLESS otherwise specified by the teacher. Thesis statements should be specific and cover ONLY what is in the paper. The rest of ...
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Author: Carrol Rogers
