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Authorised Capital & Paid Up Capital
What is authorised capital and How different it is from paid up capital? What is its importance while analysing a balance sheet of a firm?
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Pass a JV
How to pass a JV when we receive bill including service tax? How to close this a/c?
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Capital Budgeting
In Capital Budgeting IRR is the rate at which NPV equals to a. positive one b. negative one c. zero d. none of these
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Letters of Credit
If Irrevocable Letter of Credit is backed by a CD. How do you account for it? Will it be on Balance Sheet or is it just a Footnote item?
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Pre-Paid Insurance
How will you treat pre-paid insurance in balance sheet?
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Find sales on 3rd Day
A survey showed that average sales of a shopkeeper during last three days have been 45. If the sales on first and second day have been 34 and 5 find out the sales of third day.
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Find Rate of Change
Volume of trade in a company over past four days has been 3431, 4532, 2789, and 5467. Find out the rate of changes day to day.
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Find expenditure on clothing
Karamat Sahoo spends 34% of his salary in clothing. if 30% of karamat sahoo's salary is 3456 rupees then find his expenditure on clothing.
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Challenging Task
What is most challenging task for the Team Leader?
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Contingent Liability
Why it is necessary to create contingent liability? How this liability helps the banker to relieve from the future liability due to default in payment by the concerned party?
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Cash Flow Break Even Point
Give an example of cash flow which will determine the break even point and the percentage of ROI.
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Depreciation
Why depreciation is not charged on land?
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Rates and Ratios
Rates and Ratios are often interpreted as same. Differentiate between the two giving at least two examples?
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Capitalized Property and Equipment
When can costs subsequent to acquisition of Property Plant and equipment are capitalized?
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Explain Contribution Margin ?
What is the meaning Contribution Margin ? How is use ? etc
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Cost and Management Accounting
Differeciate between Cost Accounting and Management Accounting.
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Annual Turnover
Calculation of turnover in construction comapanies? What is the use of turnover? If turnover was not announced annualy, what are the problems arised?
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Business processes
Business processes and finance operating model within the Domestic arena...means what..? Please explain
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interview questions for financial analyst
what are the generally asking questions for the position of financial analyst
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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
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Rectification
what do you mean by rectification
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Money Market
Explain what is money market?
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Stale Cheque
What is meaning of Stale Cheque?
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Financial Accounting and Reporting
What are the major areas of differences in financial accounting and reporting practices observed around the world? In what areas are there substantial similarities?
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Expenses in Inventory Stock
What are the documents require for the payment?What are the expenses are made in inventory stock?
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Suspense Account
Hi Friends,I have a problem with suspense account. I been working for some organization and they have been getting this suspense account error since 2003. But its a big organization and they didn't consider it as a problem so far..but now-a-days this suspense account is increasing rapidly and decreasing rapidly.. Could you pls tell me how to clear this suspense account. They are using Oracle Applications...
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miscellaneous expenses
what is miscellaneous expenses & why they carry forward every year
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Liabilities are on left side and Assets on right side in Balance Sheet
Why always Liabilities are on left side and Assets on right side in Balance Sheet?
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Sensex Points calculatation
How do you calculate sensex points?
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Reserves
What is meant by reserves?
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Amortization
What is Amortization?
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Debt Securities
What are debt securities?
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Minority Interest
What is minority interest?
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Ordinary shares and Preference shares
What is the difference between ordinary shares and Preference share?
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Double Entry System
Who invented double entry system?
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Computer accounting over Paper accounting advantages
What are the advantages of Computer accounting over Paper accounting?
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Money Laundering
What do you mean by Money Laundering?
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Finalisation Accounts preparation
How to prepare finalisation accounts?
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Accounting Manager - Interview Questions.
Tell me about a time you identified a problem and came up with the solution?What did you do?Describe a typical day at your current employer?Describe a project that required a high amount of energy over an extended period of time?What did you do to keep enthusiasm up?What are your daily challenges?How do you overcome those challenges?What's been the most difficult obstacle you have ever overcome?What...
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