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Q. Credit Reference Agencies and Credit Scoring ?
A several organisations example Dun & Bradstreet and Standard & Poor provide credit scores and ratings for companies. These may perhaps take the form of a simple rating from AAA to CCC or a more detailed report.
If Fenton Security already has broad sales records it may be likely to utilize those records to compile a credit scoring system. Credit scoring works by specifying the characteristics known to be related with good/bad debts and allocating customers a score based on their particular characteristic profile. Credit scoring is usually used in retailing when determining the credit limits to be granted to personal customers but the same principles can readily be applied to commercial customers.
Cost: - According to the management perspective cost is define as a reduction in the value of assets for to secure benefit or gain. In other words cost is the different expenses
Q. Explain about Financial Accounting Standards? Financial Accounting Standards - Official promulgations, also called STATEMENTS OF FINANCIAL ACCOUNTING STANDARDS, by FINANCIAL
Good will on consolidation Good will on consolidation arises when the purchase consideration paid by the holding company is different from the value of the net assets acquired i
Q. Explain In the Money and Out of the Money option? In the Money option - Option granted with an exercise price below market price on grant date Out of the Money option - O
1-Dec $92,000.00 of 5% bonds are purchased with check. Interest is paid once a year and will mature in 5 years. The market yield for these bonds is 4%.
explain inflationary accounting
Tool Belt Store (TBS) is expanding its chain of hardware stores across the country. TBS has more than 5,000 full-time employees and more than 20,000 part-time employees. TBS recent
profit and loss account
Company conversion features If the formation costs are to be bourne by the company then the profit or loss on realization will be the same as the company then the new company (
What is the function of balance sheet
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