Which is the largest foreign bank in India ?

Correct Answer: Payday loans

Explanation:

Both Credit cards and Payday loans payment methods typically charges the highest interest rates. When compared Payday loans seems to charge a little bit higher interest rates than Credit Cards interest rates.

Correct Answer: The Debtor

Correct Answer: Suryoday

Correct Answer: FPO

Explanation:

FPO (Follow on Public Offer) is a process by which a company, which is already listed on an exchange, issues new shares to the investors or the existing shareholders, usually the promoters. FPO is used by companies to diversify their equity base. A follow-on public offer (FPO) is also called Further Public Offer.

Correct Answer: The loans disbursed by Bank to its customers

Explanation:

Asset means anything that can be converted into cash. Here in banks, the loans disbursed by Bank to its customers is considered as assets because when they are cleared by them, then they are directly converted to cash.

Correct Answer: Mumbai

Explanation:

State Bank of India (SBI) is the largest public sector banks in India. It was the first bank established in India as Bank of Calcutta in 1806 and then Imperial Bank of India and then it became State Bank of India on 1st July 1955. The Headquarters of State Bank of India is in Mumbai, Maharashtra.

Correct Answer: This question illustrates whether the applicant has experience changing employee income tax withholding amounts The applicant should be able to describe the necessary forms to use and the process for changing the information in the payroll system

Correct Answer: Employee Travel and Expense Report (ETER ) / Direct Pay / Unencumbered Goods and Services - The ETER is examined for compliance with Travel policy by the accounting clerk prior to submission to Accounts payable - Accounts Payable enters ETER Information into Banner as a Direct pay, generates a Banner invoice number, and records invoice information - Reimbursement checks for ETERs will be processed within five business days after a completed and correct ETER is received by Accounts payable and scheduled for payment in the payment cycle following - ETERs should be submitted within 60 calendar days of incurring the expenses TEARs submitted for expenses older than two months will not be processed nor reimbursed

Correct Answer: When an invoice is generated and sent to the client/customer, the JE to be passed is debit customer account and credit revenue/accounts receivable account When payment is received from customer, then debit bank account and credit the customer account concerned

Correct Answer: Capital expenditures are capitalized because of the timing of their estimated benefits ? the lemonade stand will benefit the firm for many years The employees? work, on the other hand, benefits the period in which the wages are generated only and should be expensed then This is what differentiates an asset from an expense