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what is a finance

Answers were Sorted based on User's Feedback



what is a finance..

Answer / hariprasad

Procurement of funds and their effective utilization in business.

Is This Answer Correct ?    2 Yes 0 No

what is a finance..

Answer / govind tanwar

Finance means getting fund available for any project or new business setup

Is This Answer Correct ?    1 Yes 1 No

what is a finance..

Answer / answerer

finance is the arrangement of funds or money and its utilization for the satisfaction of personal,business or government needs.


financeaccountingsimplified.com

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what is a finance..

Answer / manikandaprabu

Finance is the life of accounts and every business maintenance cash only

Is This Answer Correct ?    0 Yes 0 No

what is a finance..

Answer / rahul vr

Finance is the life blood of the business.
Financing means acquire the sufficient funds from genuine source and allocating when it needed.

Financing is the optimum utilization of scares resources.

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More Accounting General Interview Questions

Explain miscellaneous expenditures & profit and loss account debit balance

0 Answers  


Explain . 1. Retail Invoice. 2. Tax Invoice. 3. Commercial Invoice. 4. E1 Invoice.

5 Answers   DELL, Deloitte, Uninor,


What is accounting ethics?

0 Answers  


What is the meaning of Trial Blance?

5 Answers   Accenture, Amit Enterprises, Laposs Hardware,


The following information is extracted from the audited books of accounts of a chain of food stores for the period ended 31st December 2015. Revenue Statement (Trading and Profit and Loss Account for the year ended 31st December 2015. BWP’000 BWP’000 Sales 460 Cost of good sold (220) Gross profit 240 Wages 50 Other expenses 30 (80) Net Profit 160 Note: The purchase figure included in the cost of goods sold of P255 000. Balance Sheet as at 31st December 2015 BWP’000 BWP’000 Fixed Assets 400 Current assets: Stock 80 Debtors (trade) 120 Bank 400 ----- [600] Current liabilities: Trade creditors 300 ------ [300] 300 Net Assets 700 ==== Financed by: Share capital 600 Revenue reserves 100 ------ 700 Shareholders Funds 700 ===== Required: (a) Calculate the following accounting ratios: (i) Current ratio (ii) Acid test ratio (iii) Stock turnover (in days) (iv) Debtors turnover (in days) (v) Creditors turnover (in days) (vi) Return on capital employed (ROCE) (vii) Gross profit percentage (viii) Net profit percentage (b). Give a brief comment on the performance of the company, based on the above ratios.

0 Answers   BOCODOL,


in terms of accounting the trial balance when is it taken?

0 Answers  


On monday my interview in TCS as an general accounts executive some one tell me about there process its realy urgnet for me how may process of interview i want to passout for selection and which type of question i will face at the time of intervew its urgnet for me please guide me for succuessful interview its realy needful for me my question is any one having aptitude test paper sample

1 Answers   TATA, TCS,


if cheque bounced what we received from customers and payed to bank what entry should we create in single entry system

0 Answers  


how can i calculate annual turnover for a construction company

6 Answers   Coss Construction Company, Sun Construction,


what is current rate of excise duty in india

2 Answers  


What are the three factors that can affect your cash flow and business profitability?

0 Answers  


Do you know what are trade bills?

0 Answers  


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