what is window dressing in final accounts?

Answers were Sorted based on User's Feedback



what is window dressing in final accounts?..

Answer / guest

maximisation of profit in the balance sheet .

Is This Answer Correct ?    38 Yes 5 No

what is window dressing in final accounts?..

Answer / h.r. sreepada bhagi

Preparation of Profit & Loss A/c & balance Sheet with false
or inflated figures to show higher profits during the year
and better state affairs as at the end of the year to create
a better impression in the mind of those persons or
institutions who use it or to whom it is presented to create
favourable impression or decision through unlawful or
unethical methods or methods.

Is This Answer Correct ?    13 Yes 1 No

what is window dressing in final accounts?..

Answer / p.vamseekrishna

prepartions of profit & loss A/C & balance sheet with false
or inflacted figures to show higher profits during the year
and better state affairs as at the end of the year to
create a better impressions in the mind of those persons or
institutions who use it or to whom it is presented to
create favourable impression or decision through unlawful
or unethical methods or methods.

Is This Answer Correct ?    8 Yes 0 No

what is window dressing in final accounts?..

Answer / deepthi

An adjustment made to protfolio to creat false apperance eg
manager may decide to sell losing portions so as to display
more profitable or succesful.

Is This Answer Correct ?    11 Yes 4 No

what is window dressing in final accounts?..

Answer / ah-ti

window dressing is a process of advertising the goods of the organisation, in order to impress the customers in order to sell the goods of the co.

Is This Answer Correct ?    0 Yes 0 No

what is window dressing in final accounts?..

Answer / nemanna

It is an account which shows the position of the business.

Is This Answer Correct ?    0 Yes 1 No

what is window dressing in final accounts?..

Answer / guest

format

Is This Answer Correct ?    1 Yes 5 No

Post New Answer

More Accounting General Interview Questions

WHAT IS INTERIM BUDGET

1 Answers  


What is the purpose of preparing a bank reconciliation and why is it necessary?

4 Answers  


as  per partnership deed, salary to working partner is rs 8000/ per month (96000 annually), suppose if i have book profit of rs 50000/ only,then what is the procedure to give salary

0 Answers  


What are the differences between accounting and auditing?

0 Answers  


M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances

0 Answers  






What is call option and put option?

1 Answers   SEBI,


journelising the following? dpereciation of plant & machinery rs 30000/- interest accrued but not received Rs 15000/- prepaid insurance Rs 10000/- drawings of cash Rs 5000/- withdrew goods for personnel use Rs 2000/- what is cost centre? How do you verify the correctness of material control system? How many directors are required at a minium for Private ltd and public ltd companies? How do you compute the following ratios? current ratio net profit ratio gross profit ratio debt service coverage ratio sales turnover ratio

3 Answers  


How to post salary advance transfer from one branch to another branch ?

0 Answers  


what is accrued expense

4 Answers  


what is the meaning of contra, give the example

5 Answers  


How to calculate Gratuity & when it's applicable to employee after three years or Five years?...

0 Answers  


WHAT IS B.R.S. ???

7 Answers  


Categories