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


What is ment by asset revaluation?

Answers were Sorted based on User's Feedback



What is ment by asset revaluation?..

Answer / jagannadharao

Revaluation of the assets according to the prevailing
market value is called asset revaluation. the excess value
will be credited to revaluation reserve account.

Is This Answer Correct ?    19 Yes 4 No

What is ment by asset revaluation?..

Answer / raghuka

Revaluation is the process wherein the value of Asset is
increased or decreased, and offset value is credited or
debited to revalution reserve account.

Is This Answer Correct ?    14 Yes 4 No

What is ment by asset revaluation?..

Answer / shalika prabha kumari.

Revaluation must be done when their's a difference between carrying value and fair value of the asset. Adjustment of carrying value of the asset to the present market value is called revaluation..

Is This Answer Correct ?    2 Yes 0 No

What is ment by asset revaluation?..

Answer / rahmath

revaluation is done for reassesment of foreign currency
denominated as account receivable and accounts payble.

Is This Answer Correct ?    0 Yes 10 No

Post New Answer



More Oracle Apps Financial Interview Questions

1.what is the name of program to create invoice automatic from po.? 2.How to auto upload the bank statement? 3.PO tax has not flown to invoice . why? Debit memo not generated for return of goods.??

0 Answers   Transasia Bio Medicals,


what will be happend if invoice match with po?

3 Answers   KPMG, Oracle,


What is the use of mo: security profile, while configure multiorg?

0 Answers  


Can we get the status as remmitted after confirming the Payment batch. If so please tell me the set ups required. Regards, Roopa

2 Answers  


What are the Distribution Type while entering the Invoice?

4 Answers   HCL, IBM, TCS,






im interested making my careein oracle financials platform. my bkgund is btech cse,MBA in mkt,hr.having 3+experience.in hr work. pls suggest me .wht can i do

1 Answers   Oracle,


In AR module What is the difference between Debit Memo and Credit Memo ?

3 Answers   Satyam,


What is the Entry in Oracle Apps AP,AR,GL for following Transations 1.One Pipe purchase at Rs.100 2.One Pipe Sales At Rs.150 Which account Afected ,What is the journal entry What is the entry at respective module how many modules are afected through above transation

8 Answers   Cap Gemini, Ramco,


What is Recurring Invoice

4 Answers   Satyam,


if you are not having a cashmanagement module how to reconcile or how to clear the transactions?

2 Answers   Genpact,


how to do customization while doing oracle implementation. what is the role of functional consultant in customization?

0 Answers  


When does the Invoice price variance arise? What is the accounting entry?

2 Answers   Accenture,






Categories
  • Oracle Apps Technical Interview Questions Oracle Apps Technical (547)
  • Oracle Apps Financial Interview Questions Oracle Apps Financial (791)
  • Oracle Apps Manufacturing Interview Questions Oracle Apps Manufacturing (53)
  • Oracle Apps HRMS Interview Questions Oracle Apps HRMS (169)
  • Oracle Apps CRM Interview Questions Oracle Apps CRM (9)
  • Oracle Apps SCM Interview Questions Oracle Apps SCM (141)
  • 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 (114)