operational risk is the risk of loss arising from various types of human or technical error. Here the human error of forgetting to square off the position has exposed Vivek to risk of loss in the forex contract. Note - Operational risk has some form of link between credit and market risks. An operational problem with a business transaction could trigger a credit or market risk.
Which of the following is most associated with managerial accounting?
Accounting has been referred to as the__________of business.
According to the Companies Act which of the following statement is true regarding set-off against subsequent calls in a company when all creditors have ...
X Ltd. is committed to supply 24,000 bearings per annum to Y Ltd. on steady basis. It is estimated that it costs 10 paise as inventory holding cost per ...
Which of the following is an example of an adjusting journal entry?
ABC sports material manufacturing company budgeted the following data for the coming year:
Sales (1,00,000 units) = ₹1,00,000
Variable c...
In India, the GST is based on the dual model GST adopted in:
What is the statutory limit u/s 16(ii) for deduction of entertainment allowance in case of government employee?
The certainty equivalent is _______.
A company has average account receivables of Rs 120000 and annual credit sales of Rs 600000, Calculate the average collection period (assume number of d...
