Question
A company fails to accrue wages for march that will be
paid in April. The company’s year-end balance sheet liabilities:Solution
Accrued expenses are incurred but not yet paid or recorded. It should have been included in the liabilities side of the balance sheet in the accrued month. Also, as outstanding expenses in profit and loss statement. Without this entry, net income and owners’ equity are overstated, while liabilities are understated.
Which of the following can be defined as a solution that enables banks to offer a multitude of customer-centric services on a 24x7 basis?
Why is Exploratory Data Analysis (EDA) considered a crucial step in the data analysis process?
R2 is the mathematical notation for:
According to the World Bank, which of the following became the first country in the world to receive $100 billion from remittances during 2022?
In which of the following section of RBI Act, 1934, the central government is empowered to constitute a six-member Monetary Policy Committee (MPC)?
Recently non-banking finance company SV CreditLine and which private sector Bank have signed a co-lending collaboration for a â‚ą500 crore loan targeted...
The Kisan Credit Card (KCC) scheme was designed by NABARD in association with which of the following organisation?
In time series analysis, which component is best described as the long-term movement in data values that is not affected by seasonal or random fluctuati...
Consider the Following statement about RBI’s new regulatory framework for urban cooperative banks:
I. It is the four-tiered regulatory fram...
Which is the country outside India in which SBI has launched its first paperless banking?
