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Home Interview Accounting and Finance Comments

  • Question
  • Economists refer to purchases of stocks and bonds as investment.


  • Options
  • A. TRUE
  • B. FALSE

  • Correct Answer
  • FALSE 

  • Tags: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO

    Accounting and Finance problems


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    • 1. The main components of market risk are a) Liquidity risk b) Interest rate risk c) Currency risk

    • Options
    • A. Only a
    • B. both a and b
    • C. only c
    • D. all a, b and c
    • Discuss
    • 2. Contra-entries are passed only when

    • Options
    • A. Simple cash book is prepared
    • B. Double column cash book is prepared
    • C. Three column cash book is prepared
    • D. None of the above
    • Discuss
    • 3. Why do capital expenditures increase assets (PP&E), while other cash outflows, like paying salary, taxes, etc., do not create any asset, and instead instantly create an expense on the income statement that reduces equity via retained earnings ?
    • Discuss
    • 4. What is the journal entry process from the time of generating an invoice to receiving payment?
    • Discuss
    • 5. What items would you verify when processing an expense report /invoice for payment?
    • Discuss
    • 6. What is account payable? How we pass the entries in account payable and related all the question based on account payable?
    • Discuss
    • 7. What steps would you take before approving an invoice for payment?
    • Discuss
    • 8. What is FBT (Fringe Benefit Tax)?
    • Discuss
    • 9. What is diffrence between automatic Payments Batches and automatic payments?
    • Discuss
    • 10. Why does a company/business require an Accounts payables process?
    • Discuss


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