What is retained earning?

Question Posted / sunil_nirala

2 Answers
5691 Views
Arihant, I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

What is retained earning?..

Answer / rk

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

Is This Answer Correct ?

1 Yes

1 No

What is retained earning?..

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 can we Define Corporate law sob and Income Tax law Sob?

3 Answers TCS,

I have a requirement where during the consolidation into USD (from GBP books) I want use two different exchange rates for two consolidations. Child SOB is same but the Parent SOB's are different. How can this be done?

1 Answers

how to create a journal source by user9

1 Answers Logica CMG,

Which is the Best Training Institute for Oracle Financials & Fusion Financials in Hyderabad?

1 Answers NA,

Explain payment process profile?

2 Answers Deloitte,

how to change the precision from two places to four places

1 Answers

How the system will know which entry come from which operating unit. Example A,B and C is a operating unit and bymistake we posted one entry in Operating Organisation A which belongs to actually Operating Org. B. How the system will understand that this entry Posted in Operating Unit A.

4 Answers Aurobindo,

What is Cross Journal?

1 Answers Accenture,

meaning of validation in GL?

2 Answers

What are the different types of Value sets (or) Validation types ?

1 Answers

What is the difference between Quick addition and detail addition?

1 Answers

purchasing and payables done at what level? means operating unit level or SOB level?

4 Answers Cognizant,

For more Oracle Apps Financial Interview Questions Click Here