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Q. Show the Accountable Plan?
Accountable Plan - An accountable plan is any reimbursement or other expense allowancearrangement of an employer which meets all of the subsequent requirements (thus excluding itfrom gross w-2 earned income and tax):
(1) it provides reimbursements advances or allowancesincluding per meals anddiem, to employees for any job related deductible business expense;
(2)employees should be able to substantiate expenses covered in the plan;
(3) employee should returnany excess advances or payments.
Q. Objectives of Cash Management? (i) To sustain Optimum Cash Balance: - The major objective of cash management is to determine the optimum cash balance required in the busines
Q. Explain about Current Value? Current Value - (1) Value of an ASSET at present time as compared with asset's HISTORICAL COST. (2) In finance, amount determined by discounting
A) What are the statements of financial information? Talk about two items from each. B) Describe statement of changes in financial positions, with an example.
State the term- adequate working capital If a firm doesn't have adequate working capital, that is, it doesn't invest sufficient funds in current assets, it can become illiquid
Mergers and Acquisitions It is a Process of business combination. There are 3 forms of business combination: 1. M1. M1 has the highest liquidity. This is the narrowest t
List and explain the three financial factors that influence the value of a business. The three factors that influence the value of a firm's stock price are timing , cash flow
Sensitivity Analysis A test of an organizations performance projections based on varying the key assumptions which is used for forecast performance.
A holder in debt obligation, though does not have any opportunity to share in the economic growth of the firm, is interested in a firm's profitability because it
It is true that company monetary statements will often consist of narrative information about staff as a key resource. However, under accounting regulation this resource is not sho
An accounting technique that identifies the activities that a firm does, and then allocates indirect costs to products. An activity based costing (ABC) system finds the relationshi
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