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Home Interview Accounting and Finance Comments

  • Question
  • What is pro forma ?


  • Correct Answer
  • A pro forma invoice is a price quote and subject to change Accounts Payable Services does not pay from pro forma invoices, statements, quotes or estimates 

  • Tags: Bank Clerk, Bank PO

    Accounting and Finance problems


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    • 1. What is PO invoice ?
    • Discuss
    • 2. Internal controls are concerned with

    • Options
    • A. the extent of government regulations
    • B. preparing income tax returns
    • C. safeguarding assets
    • D. only manual systems of accounting
    • Discuss
    • 3. What do you mean by Mischarge Correction?
    • Discuss
    • 4. What is the meaning of Per Diem?
    • Discuss
    • 5. Explain What is the difference between debenture holders and creditors?
    • Discuss
    • 6. What do you understand by Intercompany Settlement ?
    • Discuss
    • 7. Standard deviation measures which type of risk?

    • Options
    • A. Non diversifiable
    • B. Economic
    • C. Systematic
    • D. Total
    • Discuss
    • 8. Which tax is paid to a third party?

    • Options
    • A. Indirect
    • B. Income
    • C. Flat
    • D. Direct
    • Discuss
    • 9. The primary purpose of life insurance is to provide

    • Options
    • A. Safe investment avenue
    • B. financial protection to surviving dependents after the death of an insured
    • C. Tax rebates
    • D. Wealth accumulation
    • Discuss
    • 10. Describe account receivable?
    • Discuss


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