What is meant by minutes book?

Answers were Sorted based on User's Feedback



What is meant by minutes book?..

Answer / r.srinivas

Permanent formal and detailed (although not verbatim)
record of business transacted and resolution adopted, at a
firm’s official meetings such as board of directors ,
manager’s and annual general meeting (AGM).one written up
(or typed) in a minute book and approved at the next
meeting the minutes are accepted as a true representation
of the proceedings they record and can be used as prima
facie evidence in legal matters.

Is This Answer Correct ?    7 Yes 0 No

What is meant by minutes book?..

Answer / h.r. sreepada bhagi

A book containing brief note of the proceeding of an
official meeting in a company or an institution or any
office (Government or other) for the future record and
reference.

Is This Answer Correct ?    6 Yes 0 No

Post New Answer

More Accounting General Interview Questions

Which is the adjustment which is not a part of Trial balance but a part of Balance sheet ?

9 Answers   Genpact, HSBC,


what is cash book

3 Answers  


what is accounting

5 Answers  


What are the important things to be remembered while preparing a bank reconciliation statement?

0 Answers  


Option

2 Answers   Bank Of America,






can be account payee cheque discounted from the bank of party?

2 Answers   BPO, PCTL,


If i paid cash to my merchandiser(employee) in his imprest account.& if he is not able to arrange the purchase bill than how will be his account settled or what will be the entires for this process.

1 Answers  


What is depreciation and how many types are there. Please give details?

0 Answers  


WHAT IS THE VAT/CST RATE FOR PURCHASING COMPUTER/PHERIPHERALS FROM GUJARAT AGAINST C FORM, FOR DIU (UNION TERRITORY) AND WHAT RATE OF VAT/CST I HAVE TO PAY IN DIU FOR SALE.

0 Answers  


The Tabula Manufacturing Company has been in business for one month. At the end of month the company had the following accounts: Materials used K 5 000.00 Direct labour 10 000.00 Indirect labour 3 000.00 Indirect materials 2 000.00 Labour fringe benefits 1 000.00 Supervisor’s salary 1 000.00 Depreciation Machinery 2 000.00 Miscellaneous factory overhead 1 000.00 Heat and light 500.00 Insurance on plant 1 500.00 The company processed two jobs during the month with costs as follows: Job 101 Job 102 Materials cost K3 000.00 K2 000.00 Direct labour cost K6 000.00 K4 000.00 Direct labour hours 4 000.00 3 000.00 Machine hours 2 000.00 1 000.00 The company does not use a predetermined rate for factory overhead. The rate is computed at the end of each month. Required Use both the direct labour hours and machine hours to compute: 1) The overhead rates for the month (5 pts) 2) The overhead cost for each job (5pts) 3) The total cost for each job (10 pts) 4) Briefly describe the difference between Job order and process costing, citing relevant examples (5 pts).

0 Answers  


HOW WE MADE ENTRY OF SURCHARGE ON VAT PURCHASE IN PUNJAB

0 Answers  


WHAT WILL BE ENTRY IF COMPANY PURCHASE A DOG FOR SECURITY PURPOSE?

3 Answers  


Categories