Question
In financial terms, ___________ enables the analysts to
identify slow paying debtors. (Pick the most appropriate option in line with the spirit of the question)Solution
An ageing schedule, also known as accounts receivable ageing, is a financial report that categorizes a company's outstanding accounts receivable (amounts owed by customers) based on the length of time the invoices have been unpaid. It presents a breakdown of the outstanding receivables by different time periods, such as 30 days, 60 days, 90 days, etc. This schedule helps analysts and management identify and track slow-paying or overdue debtors, which can have implications for the company's cash flow and financial health.
When was the Indian Meteorological Department (IMD) established?
Match the following:
Who reclaimed the title of the world's richest person according to the Hurun Global Rich List 2024?
- Which daughter of Emperor Aurangzeb spent her final two decades imprisoned in Salimgarh Fort?
The book Poverty and Un-British Rule in India, which examines the economic impact of British colonialism, was written by:
- Which force opposes motion and causes moving objects to eventually stop?
- The pyramid of biomass in a grassland ecosystem is:
Who among these was one of the founders of the 'Deccan Education Society'?
Which organization publishes the Global Gender Gap Index?
Who is the ex-officio Chairman of the Rajya Sabha?