GeekInterview.com
  I am new, Sign me up!
 
GeekInterview.com  >  Interview Questions  >  Accounting
Go To First  |  Previous Question  |  Next Question 
 Accounting  |  Question 24 of 178    Print  
what is meant by the following

Interest accrual
Interest booking
Interest Application on the month end
Interest Application for the broken period
Overdue interest
Unredeemed interest
Closures and Premature Closures of the accounts

  
Total Answers and Comments: 0 Last Update: April 19, 2006     Asked by: ferozbm 
  
 Sponsored Links

 

No answers are posted for this question yet.
Be the first to answer it!


 Related Questions

Latest Answer : Generally accounting is the art of recording, clasyfing ,and summarising the business transactions. here the second one classifying which deals with the partitioning of activities in different groups ...
Read Answers (2) | Asked by : ferozbm

Latest Answer : An operative accounts means an account for day-to-day operations of the business. ...
Read Answers (3) | Asked by : ferozbm

What is meant by the followingInterest accrualInterest bookingInterest Application on the month endInterest Application for the broken periodOverdue interest Unredeemed interestClosures and Premature Closures of the accounts
View Question | Asked by : ferozbm

Latest Answer : Meaning of Accrual: Revenues and costs are accrued (gathered), that is recognised as they are earned or incurred (and not as money is received or paid) and recorded in the financial statements of the periods to which they relate. Accrual basis of accounting ...
Read Answers (1) | Asked by : ferozbm

Latest Answer : calender maintaince means update the sales , purchase and accounts records. Simply meaning is maintain the records monthly, quaterly, half yearly and yearly. ...
Read Answers (1) | Asked by : ferozbm

Latest Answer : The word "Turnover" has many meanings.For a trader/manufacturer/service provider it means total sales (cash+credit).While when a bank gives loan to any person or company they see the turnover.Here the turnover generally refers to the total credits ...
Read Answers (5) | Asked by : jyothi_k

Latest Answer : 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 specified time.A Dormant Account is a savings account showing ...
Read Answers (2) | Asked by : jyothi_k

Latest Answer : The balancing, in strict sense, means tallying both the sides of any account and carrying forward balancing figure.In double entry book keeping system the books are supposed to tally automatically. But they may not tally. This can happen because of following ...
Read Answers (5) | Asked by : jyothi_k

the person who has been in the mid career level as asst.mgr ,taking care of various function and porfolios of accounts department and expert knowledge in accounting concepts is said to be ab manager -accounts 
Latest Answer : when we see their difference from broad organizational reviewthe function of accounts manager1. the approval of the accounting system utilization and calculated amounts in supportable documents ,for example in journal vouchers2. the approval of the newly ...
Read Answers (2) | Asked by : ramji70

Latest Answer : Acounting is classyfying, ascertaing and summaring the transactions. ...


 Sponsored Links

 
Related Articles

Microsoft AJAX Library - Inheritance using Closures

Inheritance using Closures and Prototypes There are two significant techniques for implementing the OOP concept of inheritance with JavaScript code The first technique uses closures and the other technique makes use of a feature of the language named prototyping Early implementations of the Microsof
 

Application Development in .NET

ASP NET 2 0 Tutorials Application development in NET Client Side Application Development Client applications are applications that run on the client system or the desktop of the user They are closest to the traditional windows based applications and they display forms or windows on the desktop enabl
 

N-Tier Application Partitioning

N Tier Application Partitioning Application partitioning is a vital process as it provides one with the opportunity to clearly define an even distribution of an application s presentation process and key data components without which you may find yourself feeling quite lost The components may be dis
 

N-Tier Application Manageability

N Tier Application Manageability While it is a fact that N Tier applications tend to provide almost limitless scalability the desire to change or add new forms of functionality can present a challenge in more than one arena Growth on a large scale can make capacity planning quite hard When available
 

Application Frameworks in SQL Server 2005

The new application framework of SQL called the Service Broker is a distributed application framework that provides relable asynchronous messaging at the database to database level. It allows internal and external processes to exchange streams of reliable asynchronous messages using extensions of T-
 

Rapid Application Development

What is RAD? One of the conveniences of developing software is that it is not a physical tool that can be lost once it gets developed or manufactured. Codes are used to implement the software and it does not disappear together with the product. We can re-use the code all over again in another softw
 

The Interview Snafu

How to turn someone else’s mistake to your advantage Your dream job is about to become reality. A recruiter gave you the heads up about the perfect position at Humungous Conglomerate, Inc. You went through five interviews as well as a battery of psychological tests mandated by their HR de
 

Effective Controls for Attaining Continuous Application Security

Effective Controls for Attaining Continuous Application Security Throughout the Web Application Development Life Cycle Given the choice, every organization would want secure Web sites and applications from the Web application development phase all the way through the software development life cycle.
 

Winning a Job Interview with a Winning Resume

Does your resume unlock your potential, take your skills to the highest level and win you the interview and the job you want now? The job market today is highly competitive and even if you think you have what it takes to get an interview you won’t get over the line without a polished, prof
 

Web Application Vulnerability Assessment Essentials

Your First Step to a Highly Secure Web Site If an organization taking a systematic and proactive approach to web security, and to running a web application vulnerability assessment in particular, then that organization defended against the most rapidly increasing class of attacks. &nb
 

About Us -  Privacy Policy -  Terms and Conditions -  Contact -  Ask Question -  Propose Category -  Site Updates 

Copyright © 2005 - 2009 GeekInterview.com. All Rights Reserved

Page copy protected against web site content infringement by Copyscape