Question
___________ is the primary method used by banks to
assess the working capital requirement of a borrower .Solution
The Simplified Turnover Method is widely used by banks to assess the working capital requirements of business enterprises. It is based on the annual turnover of the business and determines the financing requirement based on a percentage of this turnover
Depreciation is generally provided on:
Salaries of ₹1 lakh paid in April 2024 relate to March 2024. As per matching concept, when should this expense be recorded?
Under IFRS 13, which level of the fair value hierarchy uses observable inputs other than quoted prices?
A company incurs heavy advertising expenditure of ₹2 crore in launching a new product. It wishes to defer the expense over 4 years. As per accounting ...
How much deduction under section 80TTA of Income Tax Act is allowed?
According to Payment of Bonus Act 1965, what is the minimum bonus in case of an adult payable?
Which of the following best describes “Drawing Power (DP)” in the context of a Cash Credit facility given by a bank?
...................... is the creation of email messages with a forged sender address - something which is simple to do because the core protocols do no...
A company with higher current assets than current liabilities is said to have:
If an employee does not make an intimation to their employer about their selection regarding the tax regime, the employer will:
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