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Categories >> Accounting >> Accounting AllOther
 
 


 

 
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 Accounting General interview questions  Accounting General Interview Questions (2833)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4369)
Question
What is Average Due date
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
an average due date is the date of settlement date for
bills raising on diffrent dates.
 
Is This Answer Correct ?    56 Yes 5 No
Nageswara Rao
 
Answer
# 2
average due date is a convenient method of settling several
amounts due on different dates by a single payments on a
single date.

thus average due date is an equated date on which debtor
make a single payment without any loss either himself are
is creditor
 
Is This Answer Correct ?    34 Yes 4 No
Hilmi
 
 
 
Answer
# 3
average due date is used to make a lumpsum payment on a particular date 
Is This Answer Correct ?    35 Yes 12 No
Bharat
 
Answer
# 4
Average due date
means when single
date is calculated for
various due dates.
Such date helps in
settlement of debtor
loans with single
settlement without any
loss of interest.
 
Is This Answer Correct ?    21 Yes 1 No
Harsh Verma
 
Answer
# 5
average due date is the date in which neither the repayer nor the reciever looses the interest rate even when the payment paid early or late.....
in this the repayer who took loan in one lumpsum amount chooses to pay in installment, but the date of due is before or after the date of final installment
 
Is This Answer Correct ?    8 Yes 2 No
Sandeep Garg
 
Answer
# 6
average due date is time limit for vender and customer in
which payment or receiving undre period.due date is decided
by creditor .
 
Is This Answer Correct ?    7 Yes 15 No
Anamika Sheoran
 

 
 
 
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