Question { Brigade, 94299 }

What is the difference between Capital Reserve and Reserve
Capital?

Answer

Capital reserve is one type of special fund which is created
after the board meeting with special consideration that the
share holders will not demand for the same and it is also
not withdrawn at the time of liquidition. It is created at
the time of revaluation of assets and only part of Capital
gains not the revenue gain.

While the rreserved capital is accumulated surplus by the
firm and can be utilized when needed. This has one advantage
that it can be withdrawn at the time of liquidation and can
be converted into cash.

Question { Franklin Templeton, 32573 }

what is the difference between fund manager and portfolio
manger

Answer

Fund Manager is engeaged especially to decide the amount for
the investment which is collected by the company (Mutual
funD) WHILE the portfolio manager will decide where to
invest the fund which is decided by the fund manager and he
is also responsible for keeping NAV with standard rate. i.e.
fund manager will decide that we have 50000 INR to invest
for 1 year with maximum return on investment. Now Portfolio
manager will decide that 20000 INR can be invest in to
RELIANCE, 30000 INR can be invested in to HDFC or any other.
thus he just has to decide that where to invest the fund and
how to manage it just to keeping NAV high.

Question { OPI Global, 14130 }

Define Amortization & Impairment?

Answer

Amortization is nothing but simply depretiation on
intengible assets wheather accumulated or not.

Impairment is simply expenses as repair or for the
improvement or better utilization of assets during the year
is known as Impairment.

Question { Shore Infotech, 9692 }

Name three (3) fixed-income security data points, which are
different from those provided for equity securities

Answer

Preference Dividend, Interest on Debenture, and Interest on
Secure Loans

Question { 5720 }

Every year very huge amount of depreciation debited at any
of company's account, which is actually non cash expense,
now where actually amount goes at the year end?

Answer

Profit & Loss A/c used in this case for only settlement of
the depreciation a/c.