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- Question
A budget is best described as
Options- A. A master control device
- B. The most crucial component of a company evaluation process
- C. A formal statement of a company's future plans usually expressed in monetary terms
- D. An informal statement of company future plans usually expressed in monetary terms
- Correct Answer
- A formal statement of a company's future plans usually expressed in monetary terms
ExplanationA Budget is a financial plan of expected cash inflows and outflows that a business generates.
It is generally a long-term statement involving ammual updates. It is best described as A formal statement of a company's future plans usually expressed in monetary terms. - 1. On what basis currency value depends?
Options- A. inflation
- B. employment
- C. imports and exports
- D. All of the above Discuss
- 2. Smart money is a term used for
Options- A. Credit cards
- B. Cash with bank
- C. Cash with public
- D. Internet banking Discuss
- 3. Which of the following most impacts your credit score?
Options- A. Payment History
- B. Paying off your credit card bill
- C. credit card bill due
- D. All of the above Discuss
- 4. The internal rate of return is defined as the Discuss
- 5. Public policy tools involve a combination of
Options- A. equipment & penalties
- B. incentives & equipment
- C. penalties & incentives
- D. All of the above Discuss
- 6. State Bank of India recently launched 'SBI Exclusif'. It is a ____ product.
Options- A. Wealth Management
- B. Loan
- C. Mutual Fund
- D. Insurance Discuss
- 7. Loan and Advances of a bank come under the category of______________.
Options- A. Deposits
- B. Expenditure
- C. Liabilities
- D. Assets Discuss
- 8. What Payroll Forms Are You Familiar With? Discuss
- 9. How Would You Handle an Employee Who Fails to Report Time Records Before the Payroll Deadline? Discuss
- 10. What Is Your Experience with Computerized Payroll Systems or Software? Discuss
Accounting and Finance problems
Search Results
Correct Answer: All of the above
Explanation:
In economy, the currency value depends on imports and exports, inflation, employment, interest rates, growth rate, trade deficit, performance of equity markets, foreign exchange reserves, macroeconomic policies, foreign investment inflows, banking capital, commodity prices.
Correct Answer: Credit cards
Explanation:
Smart money is a term used for credit card.
Correct Answer: Paying off your credit card bill
Explanation:
Paying off your credit card bill most impacts your credit score.
Correct Answer: The Internal Rate of Return (IRR) is defined as the measure of an investment?s rate of return It is also called the discounted cash flow rate of return
Correct Answer: penalties & incentives
Correct Answer: Wealth Management
Correct Answer: Assets
Correct Answer: Payroll administrators must understand the function and proper usage of various payroll forms Forms related to payroll include personal data forms, overtime or absence approval forms, expense reimbursement forms and time sheets
Correct Answer: Employees who do not complete their required payroll forms make the payroll administrator's job more challenging Asking this question allows the applicant to explain how she would handle this to ensure the worker still gets paid
Correct Answer: Payroll systems accurately maintain data related to payroll processing Familiarity with formal payroll systems and computerized software ensure the candidate has experience with current payroll technology
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