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Q. Allocation head for Revenue Expenditure?
All revenue expenditure is recorded in revenue allocation registers by various heads of accounts classification, The expenditure on ordinary revenue works for which detailed estimated are prepared e.g. estimates for reconditioning of assets in recorded in works registered as it is incurred and watched against detailed provisions in the estimates.
The expenditure recorded in these estimates is finally transferred to revenue allocation registers through the aid of which the expenditure is controlled against sanctioned budget allocations.
Q. Is Conservatism an investment strategy? Conservatism - An investment strategy aimed at long-term capital appreciation with low risk; moderate; cautious; opposite of aggressi
The XYZ company supplies products to a number of original equipment manufacturers (OEM's). It employs 5,000 mostly unionized workers and generates about $2.2 billion in revenue ann
Q. What is Translation risk? This risk occurs on consolidation of financial statements prior to reporting financial results and for this reason is as well known as accounting e
What are the advantages or benefits of a currency options contract as a hedging tool compared with the forward contract? Answer: The major advantage of by using options contra
what is leverage
What is the financial leverage effect and what causes it? What are the potential benefits and negative consequences of high financial leverage? Monetary leverage is the additi
Balance Sheet: The balance sheet measures the financial position of the business at a particular point in time. It is also called Statement of Financial Position. The balan
A Ltd sells goods at Rs.10.P.U. Its variable cost Rs.7.P.U and fixed cost amount to Rs.1,70,000 it finances all its assets by equity funds. It pays 40% tax on its income. Z Ltd is
Q. What is Business Combinations? Combining of two entities. Under PURCHASE METHOD OFACCOUNTING, one entity is deemed to attain another and there is a new basis of accountingfo
Q. What do you mean by Shares? Shares: issue of the share is the most important source of the long terms capital. A company can issue various type of the share as the equity an
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