What is retained earning?




Answers were Sorted based on User's Feedback



Answer / rk

It is a year end process, past year closing balance is a next year opening balance.

Is This Answer Correct ?    1 Yes 0 No

Answer / suresh

it is a year ending process accounting which is used to maintain the opening and closing balance result

Is This Answer Correct ?    1 Yes 2 No

Post New Answer




More Oracle Apps Financial Interview Questions

how will you find out check no's for a particular invoice

3 Answers   UST,


What is meant by void payments?

3 Answers   TATA,


What does the Unaccounted Transaction Sweep Report do?

1 Answers  


what is meant by accural report? it consist of ?

2 Answers   Hexaware,


When we run a GL Reconciliation Report, we also see the void payments in that report. Even though i disable the option of Show Void payments, its appearing in the report.How do i proceed so that i dont see those void payments in the GL Reconciliation Report?

0 Answers   Oracle,






What is meant my PO?

4 Answers  


can we create purchase order without requisition ?

5 Answers   TCS,


Why should we run "Replicate seed data" program??

6 Answers  


what diff b/w security rulues and cross validation rulues

9 Answers  


Why Retained Earning Account is necessary for the set of book creation while implementing oracle new business.

4 Answers  


What is the Functionality of Oracle Applications E-Business Suite?

3 Answers   TCS,


Define suspense account in Oracle apps and why is it mandatory?

4 Answers   Oracle,






Categories
  • Oracle Apps Technical Interview Questions Oracle Apps Technical (503)
  • Oracle Apps Financial Interview Questions Oracle Apps Financial (773)
  • Oracle Apps Manufacturing Interview Questions Oracle Apps Manufacturing (53)
  • Oracle Apps HRMS Interview Questions Oracle Apps HRMS (82)
  • Oracle Apps CRM Interview Questions Oracle Apps CRM (9)
  • Oracle Apps SCM Interview Questions Oracle Apps SCM (137)
  • Oracle Install Base Interview Questions Oracle Install Base (62)
  • Oracle Service Contracts Interview Questions Oracle Service Contracts (101)
  • Oracle Apps AllOther Interview Questions Oracle Apps AllOther (12)