What do you mean by SPOT Rate in case of Foreign
Branch...???






What do you mean by SPOT Rate in case of Foreign Branch...???..

Answer / anubhavbansal2002

SPOT rate means rate prevallng on the date of purchase of a
fixed asset or incuring any long term liability.

Is This Answer Correct ?    3 Yes 1 No

Post New Answer




More Accounting AllOther Interview Questions

what is the difference between accrual and provision

2 Answers   Genpact,


under which category petty cash expences will fall in tally ERP.9?

5 Answers  


If we (Company Side) call a engginier (supplier) for Repair & Maintenance & arrange loading & boarding for him, then this loading & Boarding expens will be booked in Repair & Maintenance or Entertainment.

1 Answers  


Expand---------PDBC

0 Answers   ICICI,


Journal entry for cheque issue but not yet realised.

11 Answers   Bajaj,






why balance sheet should always tally?

9 Answers  


what is Opening & Closing Balance?

4 Answers   EDS,


How can we link a file, directy to Tally for a update ledger report in M.S.Excel ?

1 Answers  


What are rules of double entry system ?

3 Answers   Siemens,


What comes under the head SHARE CAPITAL in Liability side . say in proper order.

7 Answers   Ernst Young,


Entry of Accrued and unearned income ?

2 Answers  


is there any board resolutions in case of a proprietorship firm

1 Answers  






Categories