ALLInterview.com :: Home Page            
 Advertise your Business Here     
Browse  |   Placement Papers  |   Company  |   Code Snippets  |   Certifications  |   Visa Questions
Post Question  |   Post Answer  |   My Panel  |   Search  |   Articles  |   Topics  |   ERRORS new
   Refer this Site  Refer This Site to Your Friends  Site Map  Bookmark this Site  Set it as your HomePage  Contact Us     Login  |  Sign Up                      
tip       Ask Questions on ANYTHING, that arise in your Daily Life at     FORUM9.COM
Google
   
 
Categories  >>  Accounting  >>  Audit
 
 


  

 
 Audit interview questions  Audit Interview Questions
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions
 Taxation interview questions  Taxation Interview Questions
 Accounting General interview questions  Accounting General Interview Questions
 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question 
Whether the term loan which was long term as on Mar-11, but
now it is short term due to its repayment within one year
from the reporting period. Whether it should be classified
as short term borrowings or other current liabilities as per
Revised schedule VI.
 Question Submitted By :: Zuzer
I also faced this Question!!     Rank Answer Posted By  
 
  Re: Whether the term loan which was long term as on Mar-11, but now it is short term due to its repayment within one year from the reporting period. Whether it should be classified as short term borrowings or other current liabilities as per Revised schedule VI.
Answer
# 1		 it should be classified as short term borrowings 
Is This Answer Correct ?    10 Yes 3 No
Monika Khandelwal
 
  Re: Whether the term loan which was long term as on Mar-11, but now it is short term due to its repayment within one year from the reporting period. Whether it should be classified as short term borrowings or other current liabilities as per Revised schedule VI.
Answer
# 2		 nature of long term and short term depond upon the date of the amount is taken instead of remaining period of the loan amount 
Is This Answer Correct ?    1 Yes 2 No
Dhiraj Kumar
 
 
 

 
 
 
Other Audit Interview Questions
 
  Question Asked @ Answers
 
what is GSP . Pls clear it  2
Can we booked current years expenses in the next year ? wahtever the answer plz provide me any proof for that  4
what is the accounting cycle  1
what is convectional audit  1
Hi Friends! Pls clear my doubt.... Is there any changes made in TDS rate for the A.Y. 2012-13? Infosys1
whether in the case of BIFR scheme the non payment of dividend FOR MORE than 7 years shall go in the Dividend Equalisation fund/ Investors Protection fund  1
What is your Strenth and waekness & why Deloitte1
audit programme RIM7
IF THE COMPUTER PURCHASED ON SEPTEMBER AND JANUARY AND DECEMBER THEN HOW MUCH PERCENTAGE WE HAVE TO CALCULATE ?  2
corporate frauds  2
I Have MBA in Finance and staying at Ameerpet. Please help me in findinag a best institute to learn tally near to Ameerpet. HCL4
what is inventory and how can manage the inventory. what is ledger and what difference in inventory and ledger.  1
 
For more Audit Interview Questions Click Here 
 
 
 
 
 


   
Copyright Policy  |  Terms of Service  |  Help  |  Site Map 1  |  Articles  |  Site Map  |   Site Map  |  Contact Us |   interview questions urls   External Links 
   
Copyright © 2012  ALLInterview.com.  All Rights Reserved.

ALLInterview.com   ::  Forum9.com   ::  KalAajKal.com