1⟩ What is limit of petty cash book?
Petty cash is used to make cash payments to reimburse/pay
back employees who have paid for expenses on behalf of the
organization. The limit amount is often $50 or $100.
“Financial Management frequently Asked Questions by expert members with experience in Financial Management. So get preparation for the Financial Management job interview”
Petty cash is used to make cash payments to reimburse/pay
back employees who have paid for expenses on behalf of the
organization. The limit amount is often $50 or $100.
yes. service tax is for service which they provide to you
and vat is WCT(works contract Tax)is for state,
equity owner of the share holder
Cash Deposit Receipt.
An American depositary receipt (ADR) is a negotiable security that represents the underlying securities of a non-U.S. company that trades in the US financial markets. Individual shares of the securities of the foreign company represented by an ADR are called American depositary shares (ADSs).
various types of accounts are....
1) demand deposits or current accounts
2) savings accounts
3) recurring deposits account
4) fixed deposits account
5) dormant accounts
6) joint accounts
Repo rate the rate at which the RBI lends shot-term money
to the banks against securities.
Reverse Repo rate is the rate at which banks park their
short-term excess liquidity with the RBI.
The meaning is not very different in the world of investing.
Most people who invest in stocks do so because they want a
return--this is the purpose of investing.
Alpha is the term given to the extra return.
Alpha measures the risk-adjusted return for a given asset.
Knowing the value of an asset that is driven by market
forces means nothing without gauging the risk associated
with owning the asset over a given time period. The best
investment is a stock or asset with a high return and
limited risk.