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Q. What is Credit Analysis?
Potential credit customers must be carefully screened using such methods as bank references, trade references, credit reports from credit reference agencies and analysis of financial statements. The extent of the credit analysis must depend on the size of the initial order as well as the potential for repeat business. Credit analysis is able to improve receivables management by reducing the incidence of bad debts slow payers and troublesome customers.
tyoes of assets
Q. What do you mean by depreciation? What are the causes for depreciation? Explain the two methods of depreciation. Depreciation means a fall in the quality, quantity or value o
CONVERSION INTO A COMPANY The partners may convert their business and trade in form of a company. This may be due to some of the advantages a company has over a partnership. E.g.
You are the auditor of a small private company called XYZ Limited. Last year, which was 20X9, the audit went smoothly and every balance on the financial statements was correct. Thi
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To decide in what zone should be placed a store which sells video-cassettes, the manager of a firm which sells and rents cassettes makes a study to estimate the demand for each sto
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