Follow Our FB Page << CircleMedia.in >> for Daily Laughter. We Post Funny, Viral, Comedy Videos, Memes, Vines...


What is BRS?

Answers were Sorted based on User's Feedback



What is BRS?..

Answer / ramalakshmi krishnakumar

BRS means Bank Reconciliation Statement. The need to do
BRS is to validate the correctness of the statement and to
know any differences exists between the bank pass book and
cash book.

Is This Answer Correct ?    352 Yes 14 No

What is BRS?..

Answer / suresh v

the different between cash book and bank book

Is This Answer Correct ?    161 Yes 49 No

What is BRS?..

Answer / surya

Bank Reconciliation Statement it's short term is BRS. it's
use for rectify the balance of cash book in the name of
customer and pass book in the name of bank name .sometimes
these two books showing difference BRS is help for rectify
that balances.
for example:
customer issue a cheque to his friend.then customer enter a
cash book i issue one cheque to my friend. but not entered
in pass book bcoz bank will enter only collect the cheque
after only it will entered.

Is This Answer Correct ?    119 Yes 21 No

What is BRS?..

Answer / arjun

brs is nothing just it shows the difference between cash
and bank balances

Is This Answer Correct ?    107 Yes 34 No

What is BRS?..

Answer / rahul

BRS MEANS BANK RECONSILATION STATEMENT WHICH GIVES A CLEAR
PICTURE ABOUT THE DIFFERANCE BETWEEN PASS BOOK AND BANK
BOOK WHICH HAS TO BE RECONSILED AND ANY FRAUD CAN ALSO BE
FOUND WITH BRS

Is This Answer Correct ?    85 Yes 14 No

What is BRS?..

Answer / reva

Bank reconciliation statement is prepared with a view to
find out the causes responsible for the difference between
the balances of cash book and pass book and to reconcile
their balance.

Is This Answer Correct ?    58 Yes 10 No

What is BRS?..

Answer / kv

bank reconciliation statement

Is This Answer Correct ?    64 Yes 20 No

What is BRS?..

Answer / sam

brs stands for bank reconciliation statement. it is
prepared to reconcile the bank balance as per pass book and
cash book by analysing the reasons for the differences.

Is This Answer Correct ?    42 Yes 11 No

What is BRS?..

Answer / mehraj wani

BRS is Bank Reconciliation Statement. It is mainly to
rectrify the descrepancies between Bank Pass Book and
Customer Cash Book.

Is This Answer Correct ?    31 Yes 12 No

What is BRS?..

Answer / mohankumar r

To reconcile or match the difference between cash book bank
column with the pass book.

Merits are:
1.Error detection
2.Delay of collections are reduced.
3.Completeness of cashbook.
4.Chance of embezzlement are reduced.

Is This Answer Correct ?    20 Yes 3 No

Post New Answer

More Banking Finance Interview Questions

What Are The Types Of Visualizations?

0 Answers   IBM,


What are banks?

0 Answers   State Bank Of India SBI,


4.DIFFERNTIATE EVA AND MVA WITH EXAMPLES 5. EXPLAIN THE COST MANAGEMENT SYSTEM ADHERED BY THE CEMENT UNITS IN INDIA 6.HIGHLIGHT THE SWOT ANALYSIS OF CEMENT INDUSTRIES IN INDIA

0 Answers   Accenture,


What all ways a bill collector can collect his debt from a customer?

0 Answers  


What are mutual funds and what are the best funds to buy at this time. Why??

7 Answers   Bank Of America, Bank of Bahrain and Kuwait,






if i take finnance major then why m want job in marketing why not in finnace.

2 Answers   Pinnacle,


What is a hedge fund?

1 Answers  


What is the entry done partner ship Deed?

0 Answers  


What is Monopolistic Competition?

0 Answers  


What's CRR?

0 Answers   State Bank Of India SBI,


What is BSE and NSE?

0 Answers   State Bank Of India SBI,


1)steps involved in formulating treasury policy of a firm

0 Answers  


Categories
  • Business Administration Interview Questions Business Administration (517)
  • Marketing Sales Interview Questions Marketing Sales (1278)
  • Banking Finance Interview Questions Banking Finance (3208)
  • Human Resources Interview Questions Human Resources (745)
  • Personnel Management Interview Questions Personnel Management (68)
  • Hotel Management Interview Questions Hotel Management (29)
  • Industrial Management Interview Questions Industrial Management (111)
  • Infrastructure Management Interview Questions Infrastructure Management (14)
  • IT Management Interview Questions IT Management (97)
  • Supply Chain Management Interview Questions Supply Chain Management (16)
  • Operations Management Interview Questions Operations Management (39)
  • Funding Interview Questions Funding (79)
  • Insurance Interview Questions Insurance (494)
  • Waste Management Interview Questions Waste Management (1)
  • Labor Management Interview Questions Labor Management (48)
  • Non Technical Interview Questions Non Technical (73)
  • Business Management AllOther Interview Questions Business Management AllOther (546)