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Upper level Accounting
Formely Tax Accounting is stated as upper level accounting, how can we demonstrate it?
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Negotiate a LC with Duplicate copies
Is it Possible to negotiate a LC with Duplicate copies? LC its mentioned its posible and consigne wants the original documents? What are its consequences
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Form No. 8E
What is Form No. 8E ? Explain in what situation Form No. 8E can be issued.
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What is meant by Bridge Loan?
Bridge loan means temporary finance provided to the company to finish of the project after that the company needsto repay the loan.
cashflow
- Jan 27th, 2008
A bridge loan is interim financing for an individual or business until permanent or the next stage of financing can be obtained.
seelujangra
- Jan 16th, 2008
Bridge loans are an effective vehicle to immediately capitalize on a purchase opportunity. It is a form of short-term financing which is expected to be paid back - generally within the range of 6 to 3...
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Investment in Real Esate For Development
A companys' prinicpal activity is to buy land for development. It is like investing in land and then developing it. Do you treat this land as available for Sale or fair value through statement of income? Give the answer to comply with the International Financial Reporting Standard (IFRS)
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Segmental Reporting
What are the benefits and costs of segmental reporting? Evaluate the quality of segmental reporting by multinational enterprises generally and by US.
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Financial Accounting and Reporting Practices Case Study
What are the major areas of difference in financial accounting and reporting practices observed around the world ? In what areas are there substantial similarities ?
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What is the difference between inactive accounts and dormant account
Rashmi_Nair
- May 28th, 2008
An Inactive Account is A brokerage account in which few transactions take place. Some brokerage firms levy a fee on accounts in which securities are deposited but no activity occurs during a spec...
satya
- Aug 20th, 2006
Dormant accounts are those accounts in which there are transactions in the recent history(the stipulation may vary according to the company's rules). InActive accounts are those accounts in which transactions are being made for long time.
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If i have paid for something why cant i expense the entire amount on the income statement?why do we need to make an adjustment to the insurance policy at the end of the year? wouldn't it have easier to record the entire balance as an expense in November when the policy was ?purchased?why do I need to take an inventory count of my supplies at the end of the year?If I receive the Hydro bill on August 5th, why don't we record the transaction for the next fiscal period rather then include it in the July 31st, 2006 fiscal year end?
lvmWHAT
- May 29th, 2008
i'm pretty sure, nick, you cant expense the ENTIRE AMOUNT on the income statement because HELLO DEPRECIATION. and what is depreciation might you ask? well depreciation means that the lovely ...
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Accounting objectives
What are the objectives of Accounting?
Sweete
- Jun 24th, 2008
There are two main objectives of accounting:1. To ascertain the profit or loss earned by the firm2. To know the financial position of the firm
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Income statement and Balance sheet statement
Which items belong in income statement and do not belong in balance sheet statement
kanr707
- Jan 15th, 2008
Dear Rekha...I want to correct something if you do not mind,About the items which you mentio it in the income statement, It does not Include capital.Capital is included in the balance sheet.
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What is trade bills
shoukath
- Jul 21st, 2008
Either should be cash Invoice or Credit invoice which is belongs to Business is called Trade bill.
rama krishna
- Jul 16th, 2007
Every transaction must be supported by any document. A trade bill is a supporting document of business activities like purchases , sales, receipts, payments etc...
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Handling Unexpected Probelem
Which failure and unexpected problem do you remember in your resposibilties?What about the reason for this ?How did you react?Which conclusion did you draw from that?What would you do different today in a similar situation?
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Business Analyst Hedge Accounting (or derivative accounting)
This is for any of you who have worked in a role of BA Hedge Accounting.I need to get an idea of your role in that position.Who are the stakeholders? Do you need to have an in depth knowledge of derivative products?Any further detail will be helpful Thanks
vasudeo007
- Aug 18th, 2008
Hi,Even I want to work as Business Analyst. I am looking for BA position. As far as derivatives are concerned they are very simple to study.Obtaining in-depth knowledge of derivatives is not much difficult.Vasudeo
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Money Market
Explain what is money market?
vasudeo007
- Aug 18th, 2008
Money market is the market of money.Just like goods and services are sold in market money itself is also sold.That does not mean foreign currency. I mean when you buy short term deposit, treasury bill...
akki.jagani
- Jun 19th, 2008
Where we can do short time transaction of money. In money market we can borrow money for short time.
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Accounting Interview Questions
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