Managerial accounting information is generally prepared for

Correct Answer: Cash budget is the budget which is prepared under the finance budget It is an estimation of the expected cash receipts and cash payments during the budget period By preparing cash budget it becomes possible for the organisation to predict whether at any point of time there will be excess or shortage of cash Two main points should be remembered before preparing cash budget: Time period of the cash budget and the items to be included in the cash budget

Correct Answer: private goods and natural monopolies

Explanation:

Goods that are excludable include both private goods and natural monopolies.

Correct Answer: Net Asset Value

Explanation:

Net asset value (NAV) is value per share of a mutual fund or an exchange-traded fund (ETF) on a specific date or time. It  is the value of an entity's assets minus the value of its liabilities, often in relation to open-end or mutual funds, since shares of such funds registered with the U.S. Securities and Exchange Commission are redeemed at their net asset value.

Correct Answer: Assets are things which is provide service for long duration it may 3 years 4 years or for long period of timeThese items capitalize in our account books and charge depreciation in every year according to these rate it may 20 10 100

Correct Answer: Time periods you define to age your debit items Aging buckets are used in the Aging reports to see both current and outstanding debit items For example you can define an aging bucket that includes all debit items that are 1 to 30 days past due Normal table used for this Report is < 30 days 30-60 days 60-90 days 90-180 days and >180 days

Correct Answer: In a market where the value of assets is falling, known as a bear market, traders might consider taking short positions, that is, borrowing assets they don?t own, selling them, and buying them back to return them at a later date when their price has fallen Meanwhile, those working in asset management or M&A might consider, or advise clients to consider, snapping up undervalued assets

Correct Answer: SLR Rate is the minimum amount or percentage of the deposits that a bank has to keep with the RBI in the form of money,gold or any other approved security In simple terms it is the ratio between cash and some approved security

Correct Answer: It is a letter of credit or a contractual agreement between financial institute (Bank) and the party to which the letter is handed The ILOC letter cannot be cancelled under any circumstance and, guarantees the payment to the party It requires the bank to pay against the drafts meeting all the terms of ILOC It is valid upto the stated period of time For example, if a small business wanted to contract with an overseas supplier for a specified item they would come to an agreement on the terms of the sale like quality standards and pricing, and ask their respective banks to open a letter of credit for the transaction The buyer?s bank would forward the letter of credit to the seller?s bank, where the payment terms would be finalized and the shipment would be made

Correct Answer: The different types of loans offered by banks are: a) Unsecured Personal Loan b) Secured Personal Loan c) Auto Loans d) Mortgage Loans e) Small business Loans

Correct Answer: A crossed cheque indicates the amount should be deposited into the payees account and cannot be cashed by the bank over the counter Here in the image, number#2, you can see two cross-lines on the left side corner of the cheque that indicates crossed cheque